IIB WEEK IN REVIEW: Research Institute Approaches Startup Goal

2013-06-29T13:43:00Z IIB WEEK IN REVIEW: Research Institute Approaches Startup GoalGerry Dick Inside Indiana Business nwitimes.com
June 29, 2013 1:43 pm  • 

 The Indiana Biosciences Research Institute is making significant progress toward reaching its $50 million target to fund initial operations. Those efforts have received a boost through a $10 million grant from Indianapolis-based Lilly Endowment Inc. State lawmakers have earmarked $25 million to help launch the institute.


Ice Cream Plant to Close

The parent company of a northern Indiana ice cream factory is closing the operation. In a notice to the state, New Jersey-based Unilever says it will stop production at the Good Humor-Breyers facility in Huntington by the end of July. The decision is expected to affect close to 160 workers.


Bloomington Chamber Names '10 Under 40' Winners

The Greater Bloomington Chamber of Commerce has selected this year's "10 Under 40" class. Honorees work in sectors including education, pharmaceuticals and economic development.


Greater Lafayette Commerce Honors 'Top 10 Under 40'

Greater Lafayette Commerce and Tippy Connect Young Professionals have named the honorees of this year's "Top 10 Under 40" awards. The recipients include the president of a property management company and the executive director of the Lafayette Symphony Orchestra.


Libertine Dubbed a 'Hottest Restaurant Bar'

The Libertine Liquor Bar in Indianapolis is on a list of the nation's "Top 100 Hottest Restaurant Bars." California-based OpenTable Inc. (Nasdaq: OPEN) selected locations based on reviews of their "vibrant bar scene."


New Office Targets Entrepreneurs

Governor Mike Pence says the state's new Office of Small Business and Entrepreneurship will strengthen "the backbone of Indiana's economy." The office will provide services such as consulting and a newly-created ombudsman position to help streamline licensing and permitting processes. Indiana Small Business Development Center Director Jacob Schpok will lead the new agency. Lieutenant Governor Sue Ellspermann says the effort will help give the state a leg up against its competitors.


Health Program Looks to Boost Bottom Lines

Several employers from throughout Indiana are taking part in a federal program designed to create a healthier work force. The Centers for Disease Control and Prevention's National Healthy Worksite Program involves "science-based" wellness strategies aimed at decreasing health care costs for small and mid-sized employers. The CDC selected 13 businesses in Indiana and more than 100 throughout the United States for the initiative. Greenwood-based One Click Ventures LLC Talent and Culture Manager Terra Hamilton believes the program will boost productivity.


Butler Business Accelerator Changes Name

Butler University has changed the name of its business accelerator. The school says the new name better reflects the group's mission of supporting the growth of established Indiana companies.


Finish Line Announces Leadership Change

Indianapolis-based The Finish Line Inc. President and Chief Operating Officer Steve Schneider is transitioning into a new role. The company says he will become executive vice president of strategic initiatives next month.


DOD Awards Contracts to Hoosier Companies

Four companies in Indiana have been awarded U.S. military contracts. The deals involve Spence/Banks Inc. in Terre Haute, Petroleum Traders Corp. in Fort Wayne and Rolls-Royce and Raytheon Technical Services Company LLC in Indianapolis. The contacts range from around $7 million to nearly $80 million.


Massive Cave Could Draw Regional Interest

Harrison County officials have cut the ribbon on what's billed as Indiana's longest cave. Tours of Indiana Caverns have already begun. During an interview last month on Inside INdiana Business Television, President Gary Roberson said the attraction will bring in visitors from throughout Indiana and the Midwest.


Hoosier Cities Among America's 'Smartest'

An online "brain training" game website has listed several Indiana cities among the smartest in the U.S. The Lumosity.com list rated nearly 500 locations across the country based on game performance results in several cognitive categories. Lafayette-West Lafayette, Bloomington and Muncie were top-ranked in the state.


McRobbie Weighs in on Affirmative Action Decision

Indiana University President Michael McRobbie says he is pleased a U.S. Supreme Court decision will allow "limited race-conscious admissions standards" to continue. He says the school will analyze the decision before taking any action in response to the case.


TrendyMinds Continues to Grow

Indianapolis-based TrendyMinds Inc. has purchased another building in downtown Indianapolis. The marketing communications agency says it will spend $1 million to purchase and equip the building for use as a video production studio and event space.

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