Susan Orr

This is the second large, outside investment secured by Indianapolis-based Ren Inc., which provides technology and services for the philanthropic sector, in recent years.

The rise of artificial intelligence is not only affecting how people work—it’s also shaping the job market itself, especially for graduates in search of their first professional jobs.

For a variety of reasons, a growing number of aspiring entrepreneurs are choosing to become business owners by acquiring a company rather than starting one from scratch.

An audit report released Thursday does not address some lingering issues between Elevate and the Indiana Economic Development Corp., including a loan default issue.

The Indiana Economic Development Corp. approved $10 million in federal funding for the planned OneHealth Venture Studio, which will operate on Elanco Animal Health's new Indianapolis campus.

The nonprofit, which raises money to support Indiana Economic Development Corp. activities, was singled out by Gov. Mike Braun amid calls for greater transparency regarding taxpayer dollars.

The move came hours after Gov. Mike Braun—whose administration last spring froze funding for the nonprofit—made an unscheduled appearance at Elevate's Rally innovation conference.

The pitch contest, which comes with the potential for up to $1 million in rewards for each of the winners, returns this week as part of Elevate Ventures' annual Rally innovation conference.

GeoH offers a software platform that home care agencies can use for things like billing, staff scheduling, payroll and analytics, as well as a handful of other services.

Founded by Ron and Clara Mears in 1966, Mears Machine makes precision metal parts for the aerospace, marine, medical, racing and transportation industries.

Indianapolis-based Elevate, a nonprofit venture investment firm, has been operating under a cloud since late April when state officials froze its funding.

Jeff Blade has served as the Indiana Economic Development Corp.'s executive director for less than a year.

SePro offers water-quality analysis services and chemicals that address problems such as algae blooms and invasive weeds in surface water sources ranging from backyard ponds to large lakes and reservoirs.

Indianapolis-based marketing tech startup Backstroke Inc. has raised a total of $4.8 million in outside investment since its launch in 2024.

Late-stage changes to a program meant to expand high-speed internet into rural and hard-to-serve areas have left Indiana providers scrambling to decide whether to rework their proposals to meet new rules and reapply for funding ahead of a September deadline.

Indiana's new Office of Entrepreneurship and Innovation is expected to focus on Main Street businesses—small businesses that are not venture-backed, not easily scaled and found in many towns and cities across the state.

Also, at Wednesday’s meeting, the IEDC board’s entrepreneurship committee updated the investment policy for the Indiana Angel Network Fund III LLC—the investment fund managed by Elevate Ventures through which the SSBCI money flows.

Almost exactly one year ago, Indiana officials publicly announced a significant entrepreneurial resource the state had been quietly working on for several years—the launch of a $100 million investment fund to help young companies scale up their businesses. A lot has changed since then.

Rothrock’s personal resume includes both entrepreneurship and academic training in chemistry—a perfect combination for what she’s now doing as senior director of HG Ventures.

Rothrock’s personal resume includes both entrepreneurship and academic training in chemistry—a perfect combination for what she’s now doing as senior director of HG Ventures.