The South Bend – Elkhart Regional Development Authority has awarded $6.4 million in Regional Economic Acceleration and Development Initiative (READI) grant funds to 11 projects, completing its distribution of funds from the state program.... Read More
Angel Mounds State Historic Site in Evansville and Indiana University’s Lilly Library in Bloomington are two museums among 16 nationwide receiving grants from Lilly Endowment Inc.... Read More
Ball State University has received two gifts totaling $7.5 million that the school says will be put towards development and construction of a performing arts center proposed for The Village, a business district adjacent to campus. Ball State received a $5 million from Marianne Glick and her husband Mike Woods, and a $2.5 million gift from June Scheumann, two long-time supporters of the university.... Read More
Indiana Wesleyan University has acquired the assets of financially troubled Indianapolis-based coding school Eleven Fifty Academy and will continue to operate it as a nonprofit, the university announced Friday after closing on the deal.... Read More
The Department of Child Services needs to increase rates for foster families and pay stipends for children in kinship care. More money is needed to develop a proposed 12,000 acre technology park in Boone County.... Read More
An assistant professor at Purdue University says the air cargo logistics industry is seeing a slump despite the normally busy holiday shopping season. Fercri Karanki says a decline in demand for products due to high inflation is to blame.... Read More
The Indiana Department of Transportation has opened a comment period to seek input from Hoosiers on its draft carbon reduction strategy. INDOT says the CRS supports efforts to reduce CO2 emissions from the transportation sector.... Read More
Indianapolis-based MakeMyMove, which offers a platform and services that help communities attract remote workers, recently closed on a $2 million investment to fuel the company’s continuing growth.... Read More
The Indiana State Department of Agriculture has announced that four specialty crop projects are being awarded a total of nearly $600,000 from the Specialty Crop Block Grant Program.... Read More
The Indy Chamber has released its 2023 Legislative Agenda and it focuses on five main pillars, ranging from economic health to Hoosier health. The organization says central Indiana has been successful in establishing itself as a top market in the Midwest over the past five years, however it still has multiple hurdles to overcome.... Read More
New Orleans-based Sazerac Co. has announced plans to once again expand Northwest Ordinance Distilling, a distilled spirits bottling facility in New Albany. The company says it will invest $78 million to increase production in what is its third expansion of the facility in as many years.... Read More
The Indiana Broadband Office has designated the city of South Bend as an official Broadband Ready Community.... Read More
Ohio-based healthcare provider HerMD will next month open its first Indiana location in Carmel. Founder Somi Javaid said the company aims to fill a gap in the number of sexual healthcare and menopause experts that work within an insurance-based system. ... Read More
The state says 2022 is its sixth consecutive record-breaking year for economic development, with this year’s $22.2 billion total being 260% higher than 2021. Gov. Eric Holcomb joins us with perspective on the hot sectors and what to expect next.... Read More
Ivy Tech Community College has initiated a three-year research study with RAND Corp. to examine the school’s Achieve Your Degree (AYD) program. Launched six years, AYD is a partnership between Ivy Tech and community businesses and institutions to offer employees the opportunity to receive a community college education at minimal up-front cost.... Read More
The University of Notre Dame is donating more than eight tons of surplus food from its 2022 home football season to be repurposed for people in need.... Read More
Newsweek magazine has released its 2023 list of America’s Most Responsible Companies and four Indiana-based corporations are among the top 100, and a total of eight are among the top 500.... Read More
Fort Wayne-based orthopaedic implant manufacturer BioPoly LLC has received clearance from the U.S. Food and Drug Administration for the BioPoly Lesser Toe System.... Read More
Indianapolis-based Allison Transmission Inc. (NYSE: ALSN) and Rolls-Royce Corp. in Indy have been awarded military contracts worth a total of more than $82 million. The contracts call for work on the Abrams Battle Tank and the E-2D Advanced Hawkeye aircraft.... Read More
Signaling fears of a short-term recession in 2023, state officials predict Indiana’s economy will stagnate next year as federal COVID-19 funding wanes, higher interest rates discourage borrowing and the cost of goods and services rises.... Read More
