Elevate Ventures announces $649K to Indiana companies

Twelve Indiana businesses are receiving $649,000 as part of Phase I and Phase II matching awards from the state’s Small Business Innovation Research and Small Business Technology Transfer program during the first half of 2022. The SBIR/STTR program is managed by Indianapolis-based Elevate Ventures and the Indiana Economic Development Corp.... Read More

Holcomb honors Hoosier businesses

Governor Eric Holcomb and Indiana Secretary of Commerce Brad Chambers on Tuesday recognized 47 Indiana companies with the Governor’s Century or Half-Century Business Award. The companies were honored for their longevity and commitment to community service.... Read More

Hallador Energy Co. net loss grows

Terre Haute-based Hallador Energy Co. (Nasdaq: HNRG) is reporting a second quarter net loss of $3.4 million, compared to a loss of $2.9 million during the same period in 2021. Chief Executive Officer Brent Bilsland said the company lowered its cost structure, increased its sales prices and added to its liquidity to improve its financial position.... Read More

Grow Wabash County receives $50K for e-commerce program

Grow Wabash County has secured a $50,000 grant from Region 3A to help small, for-profit businesses improve their e-commerce presence. As a result of the grant, Grow Wabash County says it is seeking Statements of Qualification from consulting firms that can develop e-commerce strategies.... Read More

$18M approved for northeast Indiana projects

The Northeast Indiana Regional Development Authority has approved $18 million in new Regional Economic Acceleration and Development Initiative grants. The organization says the funding will be used for six projects in Allen, Huntington, Noble, and Wabash counties.... Read More

IU approves capital request for renovations, maintenance

Indiana University has approved more than $200 million as part of its 2023-25 legislative request for capital planning and facilities. IU says its biennial request for state funding focuses on projects for renovations of classrooms, labs, student-focused spaces, as well as related facilities and infrastructure.... Read More

Fort Wayne financial firm completes merger

Fort Wayne-based Credent Wealth Management is merging with Personal Wealth Partners. Personal Wealth Partners, which has offices in Minnesota and Wisconsin, will now operate under the Credent Wealth Management brand.... Read More

Notre Dame receives gift for career development program

The University of Notre Dame has received a $5 million gift from Tom and Molly Duffey to create and endow a new student career development program in the Keough School of Global Affairs. The university says the Duffey Career Development Program will prepare graduate and undergraduate students to compete for professional opportunities and positions.... Read More

Wittenberg Village to close Crown Point skilled nursing facility

One of the largest senior living communities in northwest Indiana is planning to close its nursing home. Our partners at The Times of Northwest Indiana report Wittenberg Village in Crown Point will close its skilled nursing building on October 11 citing the impact of the Covid-19 pandemic, labor shortages and inflation.... Read More

STAR Financial Bank appoints new leadership

Fort Wayne-based STAR Financial Bank has named Kevin Wright to the role of president, working out of the bank's Indianapolis location. Wright has served as senior vice president of STAR's commercial banking division since 2018.... Read More