May 20, 2022

The Report

Kelley School, Indy Chamber initiative supports success of small businesses in central Indiana

A partnership between theIndy Chamber Business Ownership Initiative and theKelley School of Business at IUPUI, initiated at the end of the first year of the COVID-19 pandemic, is entering its next phase of supporting small businesses across central Indiana.

Enterprise Corps serves as an accelerator for small businesses in the region -- with an emphasis on historically underserved businesses -- connecting them with Indiana University faculty "coaches" and teams of Kelley School MBA students as they aim to grow their operations and continue to overcome the challenges of the global health crisis.

Last summer, the project partnered teams of Kelley MBA students working to complete their summer "capstone" projects with 22 small business owners from across central Indiana referred by the Indy Chamber'sRapid Response Hub. In September, Enterprise Corps helped the owners, all but one of whom were people of color, pursue implementation of strategic recommendations made by the MBA teams.

With the Chamber's continued support, Enterprise Corps has added another 20 businesses to its client roster this summer, and IU students and faculty will begin working directly with them in the next several days as the Kelley School's newest summer capstone projects begin.

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Building Skills for National Security and Competitiveness: Best Practice from Indiana

A CSIS – IU PPI Workshop Event

The Center for Strategic and International Studies is a bipartisan, nonprofit policy research organization based in Washington, D.C., whose purpose is to define the future of U.S. national security by researching, analyzing and proposing solutions to the world's greatest challenges. On May 12, CSIS partnered with the IU Public Policy Institute to hold a workshop addressing two intersecting challenges to national security: 1) the resiliency of critical supply chains across related firms and industries, and 2) the participation in those resilient chains by people and communities left behind. It has become clear to policymakers across the country that without addressing both, national security remains at risk. Renewing the American skill base is, therefore, a national priority. 

Indiana was chosen as a case study for this workshop because like many other states it faces both a workforce challenge that can be seen in both income inequality and below average wages, and as the most manufacturing-intensive state in the nation, an economy that is highly vulnerable to global supply chain disruptions. Two roundtable panel discussions led by PPI experts were held with innovation and workforce leaders from Eli Lilly, Cook Medical, the Paul H. O'Neill School of Public and Environmental Affairs, Ivy Tech, IN3 and Indianapolis-based Project Azul. Panelists addressed emerging best practices and future challenges for communities that need to re-shape their workforce to build a more secure and prosperous economy for all. U.S. Sen. Todd Young provided brief opening comments. 

View a recording of the event

 

IU Rural Conference hosts Gov. Holcomb, state rural leaders and explores collaborative innovations

The IU Center for Rural Engagement held the fourth annual IU Rural Conference on May 12 and 13, convening rural residents and leaders from across the state and IU faculty, staff and students at French Lick Resort Conference Center. The conference opened with remarks from IU Bloomington Provost and Executive Vice President Rahul Shrivastav. A conversation with Indiana Gov. Eric Holcomb and IU Center for Rural Engagement Executive Director Kerry Thomson followed, with a focus on Indiana's rural opportunities and Holcomb's 2022 Next Level Agenda, including the READI initiative and community connectivity.

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Upcoming Events

Indiana Global Economic Summit

Indiana University is proud to sponsor the inaugural Indiana Global Economic Summit. The summit will showcase leading-edge thinking from Indiana and the world, with a focus on sparking new ideas and shared solutions.

Learn more about the summit

 

IU News

IU helping teacher shortage

IU faculty members launched a new course, "Guest (Substitute) Teaching Guidelines and Tips," aimed at helping students navigate the substitute teaching process while providing a much-needed resource to local school districts. The eight-week course is a replicable model, training students to serve a critical community need as they also gain hands-on experience and are paid for their time.

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Investment in venture capital-backed companies to boost Indiana's economic success

IU Ventures President and CEO Tony Armstrong wrote an op-ed last month for the Indianapolis Star in which he discussed the extensive impact that venture capital investment is having on catalyzing job creation for citizens of Indiana and beyond. 

Read the full op-ed