Indianapolis-based Elevate Ventures and the Indiana Economic Development Corp. have officially launched the new Pre-Seed Fund, the venture capital firm announced Thursday. The $3 million fund is designed to provide direct investments to pre-seed companies.... Read More
A computer science major at Indiana University created an AI-based therapy and personal growth app last year and has already found a buyer. Matt Gacek, now a junior at IU, began development of Theia last July and sold the technology by the end of the year.... Read More
West Fork Whiskey Co., an Indianapolis-based craft distillery with major operations in Westfield, has linked with an investment firm to land up to $18 million in capital to allow the distillery to expand production and accelerate growth.... Read More
A bill to hold back and provide more support to third graders who can’t read proficiently passed the Senate Education and Career Development Committee Wednesday along party lines. Senate Bill 1 would reinforce the state’s policy of holding back students who...... Read More
Hoosiers for Responsible Lending on Wednesday hosted a press conference lauding two pieces of legislation at the Statehouse that would significantly improve consumer lending policy in Indiana.... Read More
The U.S. Department of Labor found that Indianapolis-based Protection Plus Inc. has violated federal law for the third time in five years after it did not pay its guards accurate overtime rates. ... Read More
Purdue University-connected software company Quantum Research Sciences will use a $2.5 million contract to deliver the Department of Defense’s first operational, production-level quantum computing software.... Read More
A bill being considered by the Senate Tax and Fiscal Policy Committee would allow communities throughout the state to establish tourism improvement districts designed to help market and develop their areas.... Read More
A manufacturer of electric golf carts and other low-speed vehicles has announced plans to set up shop at the River Ridge Commerce Center in Jeffersonville. Bintelli will invest more than $4 million in its assembly and distribution center and create 67 jobs.... Read More
The program connects small businesses with assistance for complete growth and improvement projects. Eligible companies can receive up to $15,000 in professional services from a qualified vendor. ... Read More
Pascal Siakam was traded to the Indiana Pacers on Wednesday night, ending a run of nearly eight years with the Toronto Raptors during which he was a two-time All-NBA selection, two-time All-Star and part of the team that won the 2019 NBA title.... Read More
The move comes as the federal government and private insurers are trying to shorten the timeline for approving medical care for millions of Americans for a wide range of procedures, from surgeries and specialty care to CT scans and physical therapy.... Read More
Jim and Tom Marcuccilli, owners of Fort Wayne-based Star Financial Group, are this year's Red Coat recipients from the Mad Anthonys Foundation. The recognition is given to individuals who have made a positive impact on the Fort Wayne region and the state.... Read More
Indianapolis-based junk removal company Fire Dawgs Inc. is adding to its portfolio once again. The company announced this week it has acquired Joseph's Junk Removal in Atlanta, though financial details of the deal are not being disclosed.... Read More
High tech hospital deliveries at two hospitals are changing the game for patients and nurses alike. IU Health North Hospital in Carmel and IU Health Tipton Hospital are pilot testing a robot that can make deliveries throughout their various units.... Read More
Crane Army Ammunition Activity plans to invest nearly $100 million to replace its pyrotechnics production processes facility at Naval Support Activity Crane. The new operation aims to provide expanded production capacity and enhanced safety features.... Read More
Members of the United Auto Workers union have overwhelmingly ratified a new four-year employment contract with Indianapolis-based Allison Transmission Inc., the company and the union announced Wednesday.... Read More
One of the oldest historically Black fraternities in the country is partnering with Indiana University's Kelley School of Business intending to increase the diversity of corporate leadership.... Read More
Local government advocates say they’re grateful for the award bump and program generally, but want to tweak how it’s structured.... Read More
The historic First National Bank building in Terre Haute will receive a $300,000 facelift thanks to a grant from the Wisconsin-based Jeffris Family Foundation, Indiana Landmarks announced Wednesday.... Read More
