WEBVTT 1 00:00:00.000 --> 00:00:03.336 >>GERRY: HELLO AND WELCOME TO INSIDE INDIANA BUSINESS. I'M GERRY DICK. INDIANAPOLIS WEB-BASED 2 00:00:03.336 --> 00:00:10.009 CONNECTIONS ENGINE FOR TECH ENTREPRENEURS, INVESTORS AND PROFESSIONALS, POWDERKEG HAS COMPLETED A SURVEY OF EIGHT 3 00:00:10.009 --> 00:00:17.484 EMERGING TECH HUBS, INCLUDING INDIANAPOLIS, DENVER AND NASHVILLE IN 2018. NOT SURPRISINGLY, RECRUITING 4 00:00:17.484 --> 00:00:24.958 TECH TALENT IS SAID TO BE THE LARGEST AND MOST COSTLY HURDLE FOR SCALING TECH COMPANIES. ALSO, COMPANY CULTURE RANKS AS 5 00:00:24.958 --> 00:00:30.697 THE MOST IMPORTANT FACTOR IN TECH PROFESSIONALS TAKING A NEW JOB. FOR MORE ON THE CENSUS REPORTS 6 00:00:30.697 --> 00:00:43.710 AND WHAT'S PLANNED FOR 2019, I'M PLEASED TO WELCOME BACK POWDERKEG FOUNDER AND CEO MATT HUNCKLER. 7 00:00:43.710 --> 00:00:51.451 CONGRATULATIONS. IT REALLY HAS A LOT GOING ON. IT'S A THUMBNAIL BUSINESS MODEL OF POWDER KEG. 8 00:00:51.451 --> 00:00:58.625 >> IT STARTED HERE IN INDIANAPOLIS IS NOW A NATIONAL NETWORK AND THE FASTEST GROWING TECH COMPANY PARTICULARLY IN THE 9 00:00:58.625 --> 00:01:07.667 HEARTLAND AND IT'S NOT JUST A TECH COMPANY THE ENTIRE ECOSYSTEM HELPS GROW THIS TECH COMMUNITY THAT MORE AND MORE IS 10 00:01:07.667 --> 00:01:17.277 BECOMING A NATIONAL TECH COMMUNITY SO IT'S PROFESSIONALS, EDUCATORS, EMPLOYERS AND INVESTORS WHO ARE HELPING FUEL 11 00:01:17.277 --> 00:01:24.617 THE GROWTH OF TECH COMPANIES. WE ARE FOCUSED ON BUILDING TECHNOLOGY BEHIND THE PLATFORM. THE PLATFORM WE HAVE GROWN TO 12 00:01:24.617 --> 00:01:30.957 OVER 10,000 MEMBERS HAS A CONNECTION ENGINE BEHIND IT, HELPING CONNECT MEMBERS TO RESOURCES THEY NEED TO GROW AND 13 00:01:30.957 --> 00:01:39.666 SCALE. >> YOU TALK ABOUT GROWING A NUMBER OF COMMUNITY IS THE COMPANY YOU SURVEYED IN 2188 14 00:01:39.666 --> 00:01:50.043 EMERGING TECH HUBS INDIANAPOLIS AMONG THEM. AND DENVER AND A NUMBER OF CITIES AROUND THE COUNTRY, 15 00:01:50.043 --> 00:01:57.317 CINCINNATI, CHATTANOOGA, NASHVILLE, MEMPHIS AND KNOXVILLE YOUR TAKE AWAY FROM ALL OF THAT? >> THE BIG TAKE AWAY HARD TO 16 00:01:57.317 --> 00:02:03.790 PICK ONE AND OF COURSE, ALL THE INFORMATION IS AVAILABLE TO DOWNLOAD IF YOU WANT TO GO DEEPER IN MANY MARKETS. 17 00:02:03.790 --> 00:02:11.164 THE THING THAT IS INTERESTING TO SEE AS THE MIDDLE OF THE COUNTRY IS RISING AND COMPANIES ARE SCALING FAST AND WHEN YOU 18 00:02:11.164 --> 00:02:18.338 BENCHMARK THE FASTEST GROWING TECH COMPANIES IN THE HEARTLAND AGAINST THE FASTEST GROWING IN THE VALLEY THEY ARE ACTUALLY 19 00:02:18.338 --> 00:02:25.812 SCALING MUCH FASTER. THAT IS GREAT, BUT IT'S ALSO A CHALLENGE BECAUSE YOU HAVE TO MEET THE TALENT DEMAND OF THESE 20 00:02:25.812 --> 00:02:31.417 COMPANIES GROWING IN SCALE AND WE HAVE GREAT UNIVERSITIES HERE IN INDIANA AND ENTER ACROSS THE HEARTLAND BUT A LOT OF THE 21 00:02:31.417 --> 00:02:39.526 UNIVERSITIES ARE EXPORTING TALENT SO WE ARE VERY FOCUSED ON HELPING THAT TALENT NOT JUST THE UNIVERSITIES BUT OUTSIDE OF TECH 22 00:02:39.526 --> 00:02:47.634 OR IN OTHER TECH COMPANIES AS THEY GET ACQUIRED OR GROW IN SCALE LOOKING FOR THE NEXT STEP IN THEIR CAREER WE WANT TO HELP 23 00:02:47.634 --> 00:02:54.507 CREATE AND FACILITATE THOSE CONNECTIONS. >> TEXT TALENT A BIG ISSUE FOR SCALING COMPANIES AND ALSO 24 00:02:54.507 --> 00:03:00.647 CULTURE VERY IMPORTANT. YOU FOUND IN THESE SURVEYS THAT CULTURE REALLY IS THE DETERMINING FACTOR FOR 25 00:03:00.647 --> 00:03:06.719 PROFESSIONALS TAKING A JOB OR LEAVING A JOB. >> THAT WAS THE NUMBER ONE REASON PEOPLE DECIDED TO JOIN OR 26 00:03:06.719 --> 00:03:13.760 LEAVE A TECH COMPANY. EVERY ONE OF THE MARKETS. ONE MARKET IT WAS NUMBER TWO BUT IT WAS A VERY CLOSE NUMBER TWO 27 00:03:13.760 --> 00:03:20.600 AND IT REALLY WAS VERY MUCH FOCUSED ON THREE THINGS THE LEADERSHIP STYLE OF THESE COMPANIES, THE INNOVATION STYLE 28 00:03:20.600 --> 00:03:27.941 SO WHAT KIND OF INNOVATION AND TOOLS AND WHAT INDUSTRIES AND OF COURSE, THE VALUES OF THOSE COMPANIES SO WE ARE REALLY 29 00:03:27.941 --> 00:03:35.582 FOCUSED ON THE NEXT VERSION OF THE CENSUS GOING DEEPER ON THE CULTURE BECAUSE TECH COMPANIES ARE AMAZING AND DOING AMAZING 30 00:03:35.582 --> 00:03:43.423 THINGS BUT THEY DON'T GET THE SPOTLIGHT AND THERE'S NOT AN INSIDE INDIANA BUSINESS GOING DAILY TO COVER ALL THE COMPANIES 31 00:03:43.423 --> 00:03:50.163 NOT JUST IN INDIANA, BUT ACROSS THE HEARTLAND SO THAT'S WHAT THE NEXT VERSION IS GOING TO FOCUS ON SHINING A LIGHT ON THESE 32 00:03:50.163 --> 00:03:57.570 COMPANIES SO THEY ARE NOT GETTING THE SAME TURNOVER AND STRUGGLING TO FILL THE ROLES. >> YOU GET AROUND THE COUNTRY 33 00:03:57.570 --> 00:04:06.713 AND GO IN DEPTH IN THE MARKETS -- YOU LOOK AT INDIANAPOLIS THE GROWTH OF THE TECH ECOSYSTEM AND ALSO AROUND THE STATE TALK ABOUT 34 00:04:06.713 --> 00:04:13.786 THAT AS IT COMPARES TO SOME OF THESE OTHER TECH MARKETS. >> I THINK IT'S GREAT TO RECOGNIZE THE STRENGTH OF 35 00:04:13.786 --> 00:04:20.593 INDIANA, BUT IT'S GREAT TO RECOGNIZE THE OPPORTUNITY TO GROW FOR INSTANCE, IN CINCINNATI , WHICH IS LESS THAN 36 00:04:20.593 --> 00:04:28.267 TWO HOURS AWAY IF YOU ARE DRIVING DOWN THE HIGHWAY THEY DO A PHENOMENAL JOB CONDUCTING THEIR GROWTH TECH COMPANIES WITH 37 00:04:28.267 --> 00:04:39.612 THE BIG COMPANIES SO PROCTER & GAMBLE, KROGER AND OTHER BIG COMPANIES AND IN FACT, THE OHIO GOVERNOR WAS SHARING ABOUT IT 38 00:04:39.612 --> 00:04:47.954 AFTER THE CENSUS WENT LIVE. COLORADO DOES A PHENOMENAL JOB OF LIVING OUT THERE GIVE FIRST MENTALITY IN THEIR CULTURE 39 00:04:47.954 --> 00:04:55.762 ACROSS COLORADO WHETHER DENVER OR BOULDER SO IT'S FUN TO KIND OF TAKE SOME OF THOSE THINGS AND BRING THEM BACK TO INDIANA SO 40 00:04:55.762 --> 00:05:03.236 OUR COMMUNITY CAN KEEP GOING. >> THE INFO IS AVAILABLE ON YOUR WEBSITE. >> POWDERKEG.COM AND WE ARE 41 00:05:03.236 --> 00:05:09.742 INVITING COMPANIES TO BE FEATURED AT POWDERKEG.COM/ FEATURE.