News Archive
Elevate Ventures highlights top pitch startups
July 13, 2022 - INDIANAPOLIS - Indianapolis-based Elevate Ventures has announced the winners of its three regional pitch competitions, awarding $660,000 in prizes. The private venture development organization says the funding is intended to boost Indiana startups as they create high-growth businesses and jobs across the state. Fifty companies took part in the program. Elevate...
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Energy INsights program focuses on reducing energy costs for manufacturers
July 13, 2022 - Thursday, July 7, 2022 11:43 AM EDT By Alex Brown, Assistant Managing Editor (photo courtesy of Energy Systems Network) INDIANAPOLIS - The president and CEO of Energy Systems Network in Indianapolis says a recently-launched program aims to help Hoosier manufacturers deal with increasing industrial energy costs. The state’s advanced energy technology initiative...
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Parking kiosk technology receives $2M seed funding
July 13, 2022 - Monday, July 11, 2022 11:43 AM EDTUpdated: Monday, July 11, 2022 01:08 PM EDT By Wes Mills, Content Manager (stock image courtesy: Pixabay/Michael Gaida) INDIANAPOLIS - Indianapolis-based Parker Technology has closed on a $2.2 million seed round it says will help the software and services company to scale operations. The technology is used by parking garages...
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NSWC Crane graduates first student in Cranfield, Purdue engineering master’s program
June 28, 2022 - By Sarah K. Miller, NSWC Crane Corporate Communications CRANE, Ind. – The first Naval Surface Warfare Center, Crane Division (NSWC Crane) employee has graduated from the Defense Engineering and Technology Master’s Degree program delivered jointly by the United Kingdom-based Cranfield University and Indiana’s own Purdue University. The collaboration between...
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Semiconductor chip design center planned for West Lafayette
June 28, 2022 - By Alex Brown, Assistant Managing Editor (pictured L to R) Indiana Secretary of Commerce Brad Chambers, Governor Eric Holcomb, MediaTek USA President Lawrence Loh, Purdue Dean of Engineering Mung Chiang. (photo courtesy of the IEDC) WEST LAFAYETTE, Ind. - A Taiwan-based chipmaker is partnering with Purdue University to establish a...
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State awards Manufacturing Readiness Grants
June 22, 2022 - By Mary Roberts, Writer/Reporter INDIANAPOLIS - The Indiana Economic Development Corp., in partnership with Conexus Indiana, announced the sixth round of awards totaling nearly $4 million in Manufacturing Readiness Grants. The IEDC says the grants are being awarded to 43 Indiana businesses, supporting more than $46 million in technology-enabled capital investment. The...
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Purdue forms partnership with University of Puerto Rico
June 22, 2022 - WEST LAFAYETTE, Ind. - Purdue University, Purdue Polytechnic Institute and Purdue University Global are establishing an academic partnership with the University of Puerto Rico. Purdue says the goal of the partnership is to forge relationships that will benefit students and professors in areas such as precision medicine and healthcare, sustainability...
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Purdue launches nation’s first comprehensive Semiconductor Degrees Program
June 6, 2022 - Microelectronics are the focus of Purdue faculty working with universities and government entities to prepare a workforce in the U.S. that is ready to handle growing industry demands. (Photo by Rawpixel) Download Image U.S. economic security critically depends on developing talent pipeline in this vital field WEST LAFAYETTE,...
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Purdue, Rolls-Royce sign 10-year, $75 million strategic alliance agreement
June 6, 2022 - Purdue University and Rolls-Royce officials have signed a research and testing agreement that will bring $75 million over 10 years; the investment will be focused primarily at Purdue’s Zucrow Laboratories, the largest academic propulsion laboratory in the world. (Purdue University photo: Carson Slabaugh) Download Image Industry-academia deal is the largest in...
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New grant program to help Hoosier companies launch 5G projects
June 5, 2022 - (photo courtesy of AmeriCrew Inc.) ZIONSVILLE, Ind. - The Indiana 5G Zone is working to launch a $2 million grant program to accelerate 5G-related projects in key industries around the state. The program is designed to help companies apply 5G technology in certain key areas: advanced manufacturing, digital agriculture, smart cities,...
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