News Archives - Page 9 of 35 - The Central Indiana Corporate Partnership

New study shows Indiana as emerging agtech innovation hub

Raquel Bahamonde2023-09-18T01:06:01-04:00September 14, 2023|

AgriNovus Indiana-commissioned study identifies opportunity to unite state's strengths in agbioscience, tech INDIANAPOLIS — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, released new research today showing Indiana as an emerging hub for agtech innovation due to its strengths in agriculture and technology. Conducted by TEConomy Partners, the study entitled The Intersection of Agbioscience and Tech, identified the growth of tech-related positions across the broader Indiana economy and in agbioscience, including identifying the occupations contributing to the growth. “The agbioscience economy is the only economy in the world that touches every person on the planet given it centers on food,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “Given Indiana’s strength in agbioscience and its history of success in technology, significant opportunity exists to further unite these two industries to build the next chapter of Indiana’s economy.” [...]

CICP launches search for new BioCrossroads President and CEO

Raquel Bahamonde2023-09-18T01:12:32-04:00September 11, 2023|

Optimistic about expected growth in Indiana life sciences/healthcare sector, BioCrossroads prepares for the future INDIANAPOLIS – Already a global leader in life sciences and healthcare innovation, Indiana is poised to meaningfully grow the sector in the coming months, including medical devices and pharmaceutical manufacturing, but must focus on growing the talent needed to realize that potential. Talent development and support will be a priority in the future for BioCrossroads, the Central Indiana Corporate Partnership (CICP) initiative focused on growing the life sciences sector in the coming years, said CICP CEO Melina Kennedy. "It’s an exciting time to be involved in Indiana's life sciences at every level now and in the coming months and years," Kennedy said. Among the opportunities facing the sectors is the potential for Indiana to be named one of 20 regional tech hubs under the 2022 Creating [...]

TechPoint launches second phase of Mission41K: action steps based on a year of determining the best ways to grow Indiana’s tech workforce

Raquel Bahamonde2023-09-18T01:22:00-04:00September 5, 2023|

INDIANAPOLIS (Sept. 5, 2023) — This Thursday, TechPoint, Indiana’s industry-led growth initiative for the state’s digital innovation economy, will host a summit to kick off the second phase of its Mission41K initiative, a collaborative effort to inclusively grow the Hoosier tech workforce by 41,000 people by 2030. The half-day gathering of hundreds of Mission41K participants and supporters will include a keynote address from Cordell Carter, Esq., executive director of the Aspen Institute Socrates Program, a global education forum and the founding director of the Aspen Institute’s Project on Belonging. An industry panel of experts who have been implementing work-based learning strategies will discuss what they’ve gleaned over the year, and participants will take that information into breakout sessions designed to help develop action steps. Launched in September 2022, Mission41K is a state-wide, cross-sector effort with more than 100 companies and organizations [...]

New workforce report forecasts job growth in Indiana’s advanced manufacturing sectors

Raquel Bahamonde2023-09-18T01:25:55-04:00September 5, 2023|

New workforce report: automotive, biopharmaceutical and semiconductor manufacturing careers among growth forecasts for Indiana INDIANAPOLIS – As the State of Indiana continues to strategically build an economic ecosystem ripe for advanced industry growth, new research led by Conexus Indiana and Lightcast forecasts employment growth of 5% to 10% in several priority advanced manufacturing sectors. The transportation equipment, chemical, and computer and electronic product manufacturing subsectors could add over 13,000 jobs to Indiana’s economy by 2026. Conexus Indiana and Lightcast, a global leader in labor market analytics, today released “2023 Benchmarking Indiana’s Advanced Manufacturing and Logistics Report: Identifying Opportunities for Workforce Development and Transformation,” which analyzes job growth data in select advanced manufacturing and logistics industries. The report focuses on several high priority industry sectors that align with the Indiana Economic Development Corporation’s (IEDC) 5E vision, which includes a focus on the [...]

Infosys Foundation USA Invests $200,000 To Boost Hoosier Tech Careers Through Collaboration with TechPoint, Nextech and Indianapolis Public Schools

Raquel Bahamonde2023-08-31T15:37:22-04:00August 22, 2023|

INDIANAPOLIS — Infosys Foundation USA, a non-profit organization focused on bridging the digital divide in America, today announced a $200,000 investment to support Hoosiers in their pursuit of upskilling for tech careers. The funding will be awarded to the Central Indiana Corporate Partnership (CICP) Foundation to support TechPoint, Indiana’s industry-led growth initiative for the state’s tech ecosystem, as well as partners Nextech and Indianapolis Public Schools (IPS), to expand proven programming statewide and to implement new tech-career programs in central Indiana. “The Foundation has a strong history in Indiana, having launched our signature K-12 computer science teacher-focused Pathfinders Institute at Indiana University Bloomington in 2018. We’re thrilled to now reflect our expanded mission to digitally upskill the future workforce through our partnership with TechPoint, focused on advancing the Mission41K initiative,” said Kate Maloney, Executive Director, Infosys Foundation USA. “There are [...]

TechPoint issues positive progress report for its Mission41K initiative

Raquel Bahamonde2023-08-01T07:14:10-04:00July 24, 2023|

TechPoint, the growth initiative for Indiana's tech sector, has released a progress report on its Mission 41K initiative aimed at growing the tech sector by 41,000 jobs by 2030. The initiative, which launched in September 2022, has shown progress as Indiana has grown its tech workforce by 5.6 percent, which is double the national tech workforce rate last year. According to TechPoint, since it launched the initiative more than 100 individuals and organizations have taken the Mission41K pledge. The report shows that 92 percent of all jobs in Indiana require some level of tech skill. Tech employment in Indiana stands at 118,872 jobs at nearly 9,300 tech companies. TechPoint's report shows that those companies posted more than 55,000 open positions last year. [READ FULL REPORT] In a recent Inside INdiana Business article, Dennis Trinkle, senior vice president of talent, strategy [...]

Business Equity for Indy launches free membership program

Raquel Bahamonde2023-07-20T08:57:49-04:00July 20, 2023|

INDIANAPOLIS (July 20, 2023) – Business Equity for Indy (BEI), a collective of local organizations committed to advancing racial equity and driving results for Black residents and residents of color, announces a new, free membership program. Through the new, free membership program, organizations will transparently share their commitment to and progress toward advancing racial equity. It is also an opportunity to join a collective, like-minded effort to learn best practices and find new resources to support their strategies for equity and inclusion. “We are thrilled to introduce our membership program, which is a critical catalyst for change in Indianapolis. By joining forces with Business Equity for Indy, organizations can make a tangible impact in addressing racial disparities while unlocking the immense potential that diversity and inclusion bring to their businesses,” said Jeffrey Harrison, chair of Business Equity for Indy and [...]

Central Indiana Corporate Partnership and initiative leaders named to the IBJ Indiana 250 list of most influential business leaders in Indiana

Raquel Bahamonde2023-07-20T07:45:10-04:00July 20, 2023|

INDIANAPOLIS (July 20, 2023) – The Central Indiana Corporate Partnership (CICP) is announcing that its CEO and four of its talent and industry sector initiative leaders have been named to the Indianapolis Business Journal’s prestigious list of the 250 most influential business leaders in Indiana. The list represents the people who are making an undeniable impact on the state. Named to the list from CICP are the following: Melina Kennedy, CEO, Central Indiana Corporate Partnership Mitch Frazier, president and CEO, AgriNovus Indiana Jason Kloth, president and CEO, Ascend Indiana Fred Cartwright, president and CEO, Conexus Indiana Ting Gootee, president and CEO, TechPoint Some of the groundbreaking projects CICP and its initiatives have been involved in include the creation of the 16 Tech Innovation District, the Indiana Biosciences Research Institute, Business Equity for Indy, the Indiana GPS Project, the Indiana Seed [...]

TechPoint issues Q2 2023 Indiana Tech Venture Report: Steadying pace towards market equilibrium between startups and investors

Raquel Bahamonde2023-07-17T15:05:10-04:00July 17, 2023|

The venture capital landscape today, with regards to deal flow, looks similar to that of the early months of the pandemic in 2020. Crunchbase data showed global venture funding in Q2 2023 fell 18% quarter over quarter to $65 billion, down 49% compared to the second quarter of 2022, when startup investors spent $127 billion. The first half of 2023 is down by similar proportions. In H1 2023, global funding reached $144 billion, marking a 51% decline from the $293 billion invested in H1 2022 and a 10% decline from the second half of 2022. “The trickle-down market effect from later-stage deals now to the seed and early-stage deals, especially around decreased valuation, has been shaping this year’s activities,” explained TechPoint President and CEO Ting Gootee. “This has a significant impact on an emerging venture community like ours where most founders are [...]

Nearly 60% of Hoosiers have engaged in entrepreneurship; more than 12% are business owners, according to new survey

Raquel Bahamonde2023-07-18T10:44:25-04:00June 27, 2023|

INDIANAPOLIS (June 27, 2023) – New research from NORC at the University of Chicago finds that more than half of all Hoosiers have participated in at least one entrepreneurial activity, which includes involvement in or steps toward business ownership or freelancing. However, the survey shows that current business planners and other potential entrepreneurs could benefit from more resources and support. The data comes from Entrepreneurship in the Population: Indiana (EPOP-IN), a survey commissioned by the Central Indiana Corporate Partnership (CICP). “A thriving entrepreneurial ecosystem is a critical part of having a dynamic economy. We wanted to dive into some of the motivations that drive business owners,” said Melina Kennedy, CEO, Central Indiana Corporate Partnership. “Likewise, we wanted to identify reasons that people are hesitant to start new businesses so we can find more resources and ways to encourage entrepreneurial growth.” [...]

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