Indiana’s life sciences industry continues to rank among the top 10 in national report

2022-11-14T10:08:42-05:00November 14, 2022|

INDIANAPOLIS (Nov. 14, 2022) – The State of Indiana, as well as seven Hoosier cities, have once again been recognized for their national life science strengths, according to Biotechnology Industry Organization (BIO) and TEConomy Partners’ biennial survey of the U.S. life sciences industry. The report, The U.S. Bioscience Industry: Fostering Innovation and Driving America’s Economy Forward, measures growth in the biosciences sector* from 2018 to 2021 for the entire country and each of the fifty states. Indiana continued its top 10 employment ranking in the life sciences, with a sizeable workforce and industry concentration in the areas of agriculture feedstock and chemicals, drugs and pharmaceuticals, and medical devices and equipment. The state is also one of only eight states with employment specializations in three of five bioscience sectors. In addition, Indiana is ranked third for academic biosciences research and development [...]

Ascend Indiana and EmployIndy report shows a widening misalignment between job growth and educational attainment in Indiana post-pandemic

2022-11-14T10:35:46-05:00November 3, 2022|

INDIANAPOLIS (Nov. 3, 2022) – A new report from Ascend Indiana and EmployIndy shows that as the COVID-19 pandemic restrictions began to ease over time, a vast and permanent shift emerged showing that highly skilled, highly educated workers were the most in-demand, while at the same time, Indiana was seeing significant declines in postsecondary enrollment by Indiana residents. In addition, the report shows that equity gaps in postsecondary education are reflecting those found in the workforce. “As the labor market continues to change at a rapid pace, it is more important than ever for Indiana to produce and retain more college graduates with relevant and marketable knowledge, skills and abilities in order to obtain high-demand jobs being offered in growing numbers by employers,” said Jason Kloth, president and CEO of Ascend Indiana. “It is even more evident that additional steps [...]

Central Indiana Corporate Partnership hosts new conference focused on young talent and Indiana’s advanced industries

2023-01-20T14:21:43-05:00November 1, 2022|

INDIANAPOLIS (Nov. 1, 2022) – The Central Indiana Corporate Partnership (CICP) and its five talent and industry sector initiatives, in collaboration with the 16 Tech Innovation District, will host the IN ADVANCE Summit on Tuesday, December 13, 2022. This free conference is aimed at young talent and will include discussions on Indiana’s advanced industry sectors (agbiosciences, life sciences, advanced manufacturing and logistics, and technology), represented by CICP’s sector initiatives (AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana and TechPoint). The content-rich day will include industry leaders discussing the types of jobs they see as critical for the future of the advanced industries. CICP initiatives will also have specific break-out sessions to engage early-in-career professionals in their various sectors. Additional discussions will include how young people can engage in their community and their companies. The Summit will feature Derrick Feldmann, researcher and [...]

TechPoint and NFP offer compensation and benefits guide to help Indiana tech companies hire and retain workers 

2022-10-25T07:23:50-04:00October 25, 2022|

INDIANAPOLIS (Oct. 25, 2022) — Indiana tech companies face a very competitive global talent market that makes it difficult to hire and retain workers. In an effort to ease that issue, so employers can instead focus on innovating and growing, TechPoint has partnered with NFP to develop a compensation and benefits guide entitled, “2022 Total Rewards: Indiana Tech Trends Report.” The 70-page report focuses on 10 in-demand and growth-oriented information technology occupations in the Indianapolis Metropolitan Statistical Area (MSA). The report details expected current market salary ranges and benefits as well as outlines the types of health insurance coverage, contribution levels and associated offerings that companies commonly make to give insights that can help them shape their hiring practices. “Hoosier employers are competing for the same tech workers as Google, Apple, Amazon, Samsung, Microsoft, Netflix and other major technology brands,” said [...]

Indianapolis Recorder: Business Equity for Indy: 2-Year Anniversary Reflections

2022-10-28T10:48:07-04:00October 21, 2022|

During the summer of 2020, at the height of racial tensions coupled with the dire, disproportional impacts of the coronavirus pandemic, the Central Indiana business community united to form Business Equity for Indy (BEI). Through this initiative — a partnership of the Central Indiana Corporate Partnership and Indy Chamber with support from the Indianapolis Urban League, led by 120 growing businesses — we’re working to create collaborative, sustainable solutions to dismantle more than 240 years of systemic racism, injustice and inequity that are preventing our Black and brown Hoosiers from opportunity and advancement. Article by Jeffrey A. Harrison, chair of Business Equity for Indy, and President and CEO of Citizens Energy Group. [READ MORE] (Source: Indianapolis Recorder)

TechPoint partners with InnoPower to help Black Hoosiers in Indianapolis, Fort Wayne and Gary launch tech careers

2022-10-18T12:45:59-04:00October 18, 2022|

INDIANAPOLIS — (October 18, 2022) — Too few Black Hoosiers are working in or working toward a career in the Indiana tech sector. TechPoint, Indiana’s nonprofit, industry-led tech sector growth initiative and InnoPower, a community development organization that works to increase opportunities for Black Hoosiers, are working to change that. Through a series of grassroots-based gatherings, the two organizations will facilitate “Design Thinking” sessions focused on developing Black tech talent in Indianapolis, Fort Wayne and Gary. “We are committed to inclusively growing Indiana’s tech sector by 41,000 people by 2030, and this partnership will be key to reaching Black Hoosiers to let them know that we welcome them; in fact, we need them, to be part of our community,” said TechPoint President and CEO Ting Gootee. “Our tech companies will be the better for their participation, insights and leadership.” InnoPower [...]

TechPoint prioritizes adult apprenticeships in tech with nationally recognized partner New Apprenticeship to dramatically expand workforce

2022-10-11T09:12:29-04:00October 11, 2022|

INDIANAPOLIS (October 11, 2022) — TechPoint, the nonprofit, industry-led growth accelerator for Indiana’s tech ecosystem, today announced a strategic partnership with New Apprenticeship TM (NEW), another key element of its Mission41K plan to inclusively grow the Indiana tech workforce by an additional 41,000 workers by 2030. Apprenticeships are a proven way to encourage youth to join the tech sector, and a quick way for adults to enter the field while also providing an immediate return on investment to employers. TechPoint Executive Vice President of Talent Dennis Trinkle, citing U.S. Department of Labor statistics, said there are more than 435,000 adults working today in the U.S. as adult apprentices. Only about 4,000 of them are in the tech field, he said. “We know this approach works, but the tech sector is only now beginning to embrace it,” he said. “Now is [...]

CICP CEO David L. Johnson inducted into the Indiana Academy

2022-10-11T07:32:13-04:00October 11, 2022|

The Independent Colleges of Indiana has inducted four new members into the Indiana Academy including David L. Johnson, CEO of the Central Indiana Corporate Partnership. The honorees were recognized by the Academy for lifetimes of achievement and contribution to the state of Indiana. The Academy annually inducts into its membership individuals who have demonstrated exceptional leadership in philanthropy, business, public service, advancement of the sciences, the arts, literature, culture, and scholarship in connection with Indiana’s independent non-profit colleges and universities. 2022 Honorees D. Wade Clapp, MD, Distinguished Professor and Chair of the Department of Pediatrics, IU School of Medicine David M. Findlay, President and Chief Executive Officer, Lake City Bank David L. Johnson, Chief Executive Officer, Central Indiana Corporate Partnership Niles L. Noblitt, Chairman of the Board (retired) Biomet The Independent Colleges of Indiana is a non-profit association representing Indiana’s 29 [...]

New report tracks 20 years of BioCrossroads and life sciences industry’s success

2022-10-06T13:41:14-04:00October 6, 2022|

INDIANAPOLIS (Oct. 6, 2022) – Today, BioCrossroads released a new report from TEConomy that follows the impact of BioCrossroads and Indiana’s life sciences sector over the last two decades -- BioCrossroads and the Indiana Life Sciences Ecosystem: Tracking Two Decades of Progress and Charting a Path for Sustained Success. The study highlights statistics that include the life sciences sector’s outperformance of Indiana’s economy since 2001 and outsized portion of total new jobs in the state over the past two decades. The report points out that “over the course of the next decade, it is expected that the life sciences will remain a key strategic driver of economic development in Indiana.” Although the life sciences represented just over 2% of the state’s total jobs in 2020, they contributed 23.7% net new jobs from 2001 to 2020. Of the nearly 50,000 new [...]

TechPoint partners with IEDC to help Indiana startups afford young tech talent

2022-10-05T14:35:47-04:00October 4, 2022|

INDIANAPOLIS — (October 4, 2022) — TechPoint’s signature Xtern program has helped attract and retain tech talent to Indiana for nearly 10 years, but the companies that have benefitted most from the early career development effort are established companies. Exciting young startups – which could one day grow into local or global giants – often don’t have a robust budget or structure to attract talent, provide training and offer amenities to engage these young professionals in pursuing lifelong careers in Central Indiana. That will change next year, thanks to a $300,000 investment in the Xtern program by the Indiana Economic Development Corporation (IEDC) which for years has invested in workforce training grants. Indiana Secretary of Commerce Brad Chambers sees TechPoint’s Xtern Startup Assistance Program as a smart expansion of IEDC’s workforce training efforts, which traditionally target adult workers in need [...]

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