Judges' criteria included the breakthrough level, market size and competitive advantage, team, go-to-market strategy and commercial traction. The companies were also vetted by a venture capital firm or university-based innovation department.... Read More
Indianapolis-based Eli Lilly and Co. has agreed to pay up to $1.93 billion to acquire Boston-based biopharmaceutical company Versanis Bio, which focuses on the development of treatments for cardiometabolic diseases, including those related to obesity.... Read More
Indiana casino earnings are down slightly year-over-year in June. This is the fourth straight month the casinos have seen a year-over-year decline.... Read More
The fund hopes to move the projects past "the valley of death" for an easier transition into commercialization. The money can be used to build prototypes and conduct further research.... Read More
Education not-for-profit The Mind Trust is announcing new leadership positions. The organization's leadership has added two executive positions: a chief operating officer and chief strategy officer, both of which are being filled through internal promotions.... Read More
A manufacturer in north central Indiana is set to undergo a major expansion. The Ford Meter Box Company announced plans to invest up to $300 million to build a 300,000-square-foot facility in Wabash and create up to 126 jobs by the end of 2027. ... Read More
South Bend-based 1st Source Bank announced Thursday that former chairperson Ernestine Raclin has died at the age of 95. Raclin, who led the bank for more than 20 years, is also remembered as a philanthropist and community leader.... Read More
Founded in 1979, the Indiana Sports Corp was the first local sports commission in the country. Today there are more than 300 local sports groups. We'll talk with Patrick Talty about the growing impact of sports throughout the state.... Read More
North Webster-based Bart's Water Sports, which provides a variety of equipment such as wakeboarding and water skiing products, floatation devices and wetsuits, is set to be auctioned off in September.... Read More
The NCAA Division I men's basketball committee discussed possible expansion of March Madness at its meetings this week but said no moves were imminent to increase the field beyond the current 68 teams.... Read More
Indianapolis-based Newfangled Confections is growing its offerings with two Indiana-made products. The company has acquired Fudge in a Cup and Fido's Fudge, which were originally created in the Owen County town of Gosport.... Read More
University officials named Jim Bullard, a longstanding federal reserve bank chief and economist, the inaugural dean of the Mitchell E. Daniels, Jr. School of Business.... Read More
Play Indiana reports the state's sportsbook wagers decreased 21% as well as a 42% drop in total market revenue. May cashed in at $283.5 million in wagers and total revenue of $33.8 million, while June saw $224 million and $19.5 million. ... Read More
The Indiana Convention Center, Lucas Oil Stadium and multiple vendors are seeking workers to staff Indianapolis Colts football games and other events at a job fair Saturday. The fair will last from 11 a.m. to 2 p.m. at Lucas Oil Stadium.... Read More
Indianapolis-based third-party logistics company Spot is expanding its presence along the East Coast through opening a new office in downtown Charlotte. The move means an addition of 144 work stations, and the company plans to add a total of 150 new jobs.... Read More
Indiana ended the 2023 fiscal year with $2.9 billion in reserve accounts, far short of the $6.1 billion it reported in 2022, according to a Thursday release. Lawmakers also plowed $3.1 billion into one-time spending, bringing down the surplus.... Read More
Ohio developers are planning a business park on the site of the current Concord Mall in a move city leaders hope spurs economic opportunity in south Elkhart.... Read More
Carmel-based clinical stage biopharmaceutical company MBX Biosciences Inc. has selected Steven Prestrelski as chief scientific officer. Prestreslksi most recently served as founder and CSO of Xeris Biopharma Holdings Inc. in Chicago.... Read More
Indianapolis-based ProTeam Tactical Performance is continuing to grow its footprint with a new location in Louisville, Kentucky. The company helps first responders recover from and prevent injuries in a manner similar to collegiate and professional athletes.... Read More
Clarksville-based TitleWise Technologies has closed on a more than $1 million seed round of funding. The software company plans to use the funding to scale its product and add an undisclosed number of jobs.... Read More
