Big Grant Boosts TechPoint Talent Hunt

Posted: Updated:
(Image courtesy of TechPoint) (Image courtesy of TechPoint)
INDIANAPOLIS -

The state's tech growth initiative has secured a $5.7 million grant from Lilly Endowment Inc. to support talent attraction and retention efforts. TechPoint, part of the Central Indiana Corporate Partnership, says the funds will boost its Xtern program, billed as "The Ultimate Tech Internship," and Xtern Bootcamp, which was launched last year. The TechPointX programs, which also include the two-year Indy Tech Fellowship and five-week Sales Bootcamp, were created in 2013 with a $1.3 million grant from the endowment. The organization followed up its support two years later with another $1.4 million.

TechPoint Chief Executive Officer Mike Langellier says "the most critical ingredient" for growing Indiana's tech ecosystem is additional talent and these programs cast a wide net. "Because of the rapid pace of change of the types of jobs -- especially in the tech industry -- we also need programs to help students, to help young people and career changers be able to identify what jobs are available in tech and where they could best apply their skills and what skills they need to have in order to be applicable to those jobs," he told Inside INdiana Business.

Langellier says internship programs, especially for startups and smaller companies that are spread throughout the state's tech scene, are challenging to execute. Considerations include creating an experience for the interns and helping line up housing for a short time in many cases. Through the Xtern initiatives, Langellier says TechPoint has created a "turnkey" internship opportunity for companies and opened up "a giant talent pipeline" for potential future employees.

More than 400 internships have been created in four years, over 80 employers with talent from 50 universities in nearly 30 states. Survey results suggest 73 percent of Xtern participants said they were likely to choose a career in Indianapolis, a big jump from the 17 percent who said so before taking part. Ninety-seven percent also reported a positive view of the city.

You can connect to more about TechPointX programming by clicking here.

TechPoint Chief Executive Officer Mike Langellier says "the most critical ingredient" for growing Indiana's tech ecosystem is additional talent.
  • Perspectives

    • (photo courtesy of Conexus)

      Getting the Word Out About Manufacturing & Logistics

      As the epicenter of the nation’s advanced manufacturing and logistics industries, Indiana has a compelling story to tell about how Hoosier companies make and move the goods people depend on every day. Our goal is to ensure everyone hears these stories – many of which share a common theme focused on cutting-edge technologies that are transforming the way products are made and moved around the world and the people who use them. Conexus Indiana launched an...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • The Kelley School of Business at IU Bloomington is the highest-ranked program in Indiana. (Provided Photo/Indiana University)

      Three Indiana Business Schools Score High Marks

      If your high school student or still “undecided” college student is considering a degree in business, the state of Indiana seems to be a good place to be, and without having to pay out-of-state tuition. Forbes magazine has released its annual listing of The Best Business Schools, specifically those with full-time, residential, M.B.A programs.  

    • (photo courtesy of The Times of Northwest Indiana)

      Valpo Mansion May Fall to Wrecking Ball

      A one-time mansion that once hosted dignitaries and politicians while they visited Valparaiso appears to be facing demolition, following years of decline and disrepair.  The stately mansion, known locally as the Brown home, maybe knocked down and replaced with condominiums, according to our partners at The Times of Northwest Indiana. 

    • (original artist rendering of Merchant's Bancorp HQ) of Carmel)

      Merchants Bancorp to Celebrate New HQ

      Carmel-based Merchants Bancorp (Nasdaq: MBIN) is celebrating Friday the grand opening of its new headquarters. The company says the HQ represents its commitment to long-term and sustainable growth. 

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • Photo courtesy of Purdue University

      Purdue Offers 'Stranger Things' Replica Tee

      Purdue University has partnered with trademark licensing agent CLC to produce a special-edition replica Purdue shirt that appeared on an episode of Netflix’s “Stranger Things 3.”  The university also teamed up with Venley to accurately replicate the shirt, which will be available at retailers on the West Lafayette campus and online later this month.