Lt. Gov. Sue Ellspermann has announced Bedford and Richmond as Indiana's 2013 Stellar Communities. The cities will now be able to access millions of dollars in funding sources to support long-term strategic plans. Both communities submitted nearly $20 million proposals. Bedford's plan focuses on downtown development and work force training. Richmond's proposal centers on quality of life improvements, including senior housing, bike trails and Wi-Fi access. Ellspermann tells Inside INdiana Business the economic benefits of the Stellar Communities program reaches beyond the winning cities.
Crowdsourcing Helps 'Kickstart' Hoosier Invention
A Lafayette-area entrepreneur says he has surpassed his crowdfunding goal by more than $30,000 to help launch his most recent invention. Sean Connell has created ATOM, which stands for A Tool of Multipurpose. He tells our partners at WBAA he turned to the Kickstarter website to allow customers to pre-order the key-shaped tool. A video on the Kickstarter website highlights the multi-function tool.
Lilly to Develop Potential Diabetes Drug
Indianapolis-based Eli Lilly and Co. has exercised an option to take over the development of a potential treatment for type 2 diabetes. The deal calls for Canada-based Transition Therapeutics Inc. (Nasdaq: TTHI) to receive a $7 million payment. The company could receive an additional $240 million if the candidate makes it to the marketplace.
UE Names Global Enterprise Institute Director
The University of Evansville has named Katie Ciccarelli executive director of its Institute for Global Enterprise. She most recently served as the institute's director of program development. Ciccarelli will replace Dan Miller, who is retiring from the position at the end of July.
State FFA Convention Gets Underway
The 84th annual Indiana State FFA Convention begins today at Purdue University. More than 2,000 members from throughout the state are expected to attend the event that runs through Thursday.
Former VX Site Project Wins National Award
A national organization has honored the Newport Chemical Depot Reuse Authority for its redevelopment of the Vermillion County military site into an industrial park. Association of Defense Communities President Bob Murdock says the Vermillion Rise Mega Park is poised to become an "economic force" in the region.
Employer Brings Coffee Company Back From Ohio
A Greensburg-based employer has brought a specialty coffee and roasting company back to Indiana. MDL Coffee And Tea LLC has acquired The Fine Grind, which started in Indianapolis during the mid-80s. The company then moved to Ohio, until it was recently acquired by MDL.
IPFW Announces Degree Completion Effort
Indiana University-Purdue University Fort Wayne has developed a new degree completion program. IPFW's Division of Continuing Studies says the initiative involves students being on campus only one night a week. Division Director Deb Conklin says more than 140,000 residents in northeast Indiana do not have a bachelor's degree and the program is designed for those who have college credits or an associate's degree.
Republic Reaches Deal With Unionized Dispatchers
Republic Airways Holdings Inc. (Nasdaq: RJET) has reached a tentative agreement with Transportation Workers Union Local 540 Dispatchers. The Indianapolis-based company says the contract involves nearly 90 workers for its Chautauqua Airlines, Republic Airlines and Shuttle America units.
Hospital Planning High School Student Career Fair
A northwest Indiana hospital is reaching out to high school students considering a career in the health care sector. Franciscan St. Anthony Health-Michigan City is planning a health career fair this week for students in LaPorte and Porter counties.
Lilly Endowment Appoints Religious Program Director
Indianapolis-based Lilly Endowment Inc. has named Jessicah Krey Duckworth a program director in its religious division. She has been serving as an assistant professor at Luther Seminary in Minnesota.
Indy Organizations Receive AmeriCorps Funding
Two Indianapolis organizations have received AmeriCorps grants totaling more than $500,000 from the Corporation for National and Community Service. The funding will support Public Allies Indianapolis and Indiana Habitat for Humanity programs.
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