Tech Momentum Continues in Indiana
The hits keep coming for Indiana’s growing tech sector. The announcement that San Francisco-based Appirio has designated Indianapolis as its corporate headquarters is the latest in a string of positive news for the sector.
The cloud services company says its goal is to add more than 420 employees in Indy over the next five years. In a text exchange, High Alpha Managing Director and ExactTarget co-founder Scott Dorsey told me it is “enormous validation” for the Indy tech community.
Importantly, it is part of an emerging narrative, in particular about the Indy region, that I’m hearing both on and off-camera. Chicago-based Geofeedia opened an Indy office, in part because of what Vice President of Product R.J. Talyor calls the ‘tech vibe’ in central Indiana.
New York-based Return Path Chief Marketing Officer Scott Roth says he’s ‘blown away’ by the tech talent in the Indy region. The New York-based company, which opened an office here in January, is now at 40 employees, with plans to be ‘north of 100’ in the next couple of years.
Speaking of tech growth…the Purdue Research Foundation and its research park network continue to expand.
Look for the latest addition to the Purdue Research Park family, the Aerospace District, to announce its first major tenant soon. “We’ve tapped the keg, the music is on, now it’s who’s coming to the party,” laughs Purdue Research Foundation President Dan Hasler. “We’ve had a lot of good activity, it’s been a couple of months, and I hope to have an announcement sometime very soon.”
Hasler and his team at Purdue have been on a roll. He recently announced a $12 million, 60,000 square-foot expansion of the Herman and Heddy Kurz Technology Center in West Lafayette, which he says has been ‘bursting at the seams’ for several years. He tells me space issues at the Purdue Research Park in New Albany will likely result in an expansion there as well.
In July, Purdue reported record-breaking commercialization activity, including 40 startups, with more than half of them based on Purdue-licensed intellectual property. The university also reported healthy increases in global and U.S. patents issued, invention disclosures and licensing deals.
Congrats, Indiana State University. The Terre Haute campus recently reported its sixth consecutive record freshman enrollment and all-time record total enrollment of 13,600. The previous enrollment mark was set in 1970.
And more is changing at ISU than enrollment numbers.
The campus has become markedly more attractive, the school’s academic mission more focused and there is an intentional effort to connect with the community.
The university recently opened a $22.7 million student housing complex in the heart of downtown Terre Haute. In 2012, the historic former Terre Haute Post Office and Federal Building became home to the ISU Scott College of Business, following a $30 million renovation.
What’s driving the positive news at ISU?
Since arriving at ISU in 2008, President Dan Bradley and wife Cheri have been a breath of fresh air for a school that needed a boost of self-confidence.
Momentum at ISU is important for the Wabash Valley. So, too, is continued business and community leadership from people like Clabber Girl, Inc. President Gary Morris, Greg Gibson and Bob Baesler, to name a few.
Here’s hoping the positive winds of change, and collaboration, continue to gain speed in Terre Haute.
The Power of Partnerships
You can't go it alone in tech. All technology companies, regardless of their segment, live in an ecosystem comprised of organisms of varying complexity. More mature companies in established categories can function at the top of the food chain, consuming smaller companies through acquisition, but startups are seldom if ever in a position to gain dominance through acquisition. It’s vital for the success of a startup to be able to play well with others...
Most Popular Stories
Liberty Mutual Plans 400 New Carmel Jobs
Boston-based Liberty Mutual Group Inc. is planning to add up to 400 Carmel jobs as part of a $14 million expansion plan. The insurance company has a global presence and currently employs 1,430 in central Indiana. The Indiana Economic Development Corp. says the new jobs, expected to be created by 2021, will pay more than the state and Hamilton County average wages. Plans call for Liberty Mutual to lease...
Indiana Included Among 'Least Tax-Friendly States'
A personal finance magazine has ranked Indiana among the 10 least tax-friendly states in the country for retirees. The ranking is part of Kiplinger’s Personal Finance's 2017 Retiree Tax Map, which compares all 50 states on senior tax breaks, as well as taxes on income, property, everyday purchases and estates.
Schools Recognized Among Best For Military Students
Two Indiana schools are ranked among the best colleges for veteran, active-duty and military dependent students. The Military Times Best: Colleges 2018 rankings are determined by a survey that assesses the veteran and military student services and rates of academic achievement of more than 600 colleges throughout the country.
Vote on North River Property Deal Delayed
The Fort Wayne City Council has delayed a vote on whether to purchase a 29-acre property near the city's downtown. Our partners at WPTA-TV report some members of the council are concerned about the more than $4 million deal, as the city will not know the results of an environmental study until after the transaction is complete. The city has called the property, which served as the site of a former OmniSource scrap yard, as an "important gateway to downtown."
Purdue Startup Scores Federal Funding
The National Science Foundation has awarded a $750,000 grant to a Purdue University-based tech startup. The university says the funding will help Perceive Inc., which is located at the Anvil coworking space on the West Lafayette campus, further develop its automated customer service coaching software.