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Rolls-Royce in Indy scores federal grant

Research and development efforts at the Rolls-Royce facilities in Indianapolis will receive an $11 million boost as part of a federal public-private partnership. The CLEEN II program from the Federal Aviation Administration focuses on improving aircraft engine efficiency and developing more sustainable sources of fuel. Rolls-Royce engineers and researchers in Indianapolis will evaluate alternative product designs in an effort to find "the most promising" emission-reducing technologies. The program also involves GE Aviation, which has announced major investments in Indiana. Rolls-Royce North America Vice President of Public Affairs Joel Reuter says Hoosiers have a big hand in this project.

Hoosier companies among Software 500

Two Indianapolis-based businesses are on a global list of top software companies for growth. The annual Software 500 measures year-to-year revenue, research and development funds and number of employees.

Best Buy carrying Edwin the Duck

An interactive, rechargeable learning toy developed by a Carmel company is now available at one of the nation's largest electronic retailers. Best Buy stores are carrying pi lab's Edwin the Duck, which is a "smart" toy that is motion-activated and connects to a mobile app.

AG talks top phone scams

The office of Indiana Attorney General Greg Zoeller says a scam involving crooks posing as IRS officials was the most common telephone privacy complaint of the year. In all, more than 3,000 Hoosiers filed phone complaints with Zoeller's office in 2015.

Asking price lowered on historic track

The owners of Bunker Hill Dragstrip in Miami County have lowered their asking price as they continue to pursue a sale of the 60-year-old venue. In a Facebook post, Steve and Darlene Daniels say they are "extremely tired and want to pursue other endeavors."

IU announces center name change

The Johnson Center for Entrepreneurship in Biotechnology at Indiana University has a new name. The organization is now called the Johnson Center for Innovation and Translational Research, or JCITR.

DePauw instructor named Indiana Professor of the Year

DePauw University associate professor of chemistry and biochemistry Dan Gurnon was honored Thursday in Washington, D.C., as the 2015 Indiana Professor of the Year. The awards from the Carnegie Foundation and the Council for Advancement and Support of Education aim to salute "the most outstanding undergraduate instructors in the country."

Main Street Program adds Gas City

A Grant County city has been added to the Indiana Main Street Program. The Gas City Main Street initiative focuses on a "Four Point Approach" of organization, design, promotion and economic restructuring of the east central Indiana community's downtown.

Find more Indiana business news at www.InsideINdianaBusiness.com.

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