The State of Entrepreneurship


The State of Entrepreneurship

A monthly email highlighting notable events, programs, and announcements regarding entrepreneurship in Indiana

July 31, 2014

Companies to Watch

This month, Lt. Governor Sue Ellspermann announced the seventh class of Indiana Companies to Watch. In total, 27 companies from 12 counties were selected for this honor. Companies to Watch applicants are evaluated by not only examples of historical high performance and use of innovative processes to gain their position, but also signs that these businesses are positioned and motivated to continue their growth trajectory. This class of 27 awardees have combined revenue in excess of $200 million and created more than 240 jobs this year alone. To honor this year’s winners, the Indiana Companies to Watch program is hosting a gala where historically over 300 economic development leaders join us in congratulating this year’s winners. Tickets for the August 20 ceremony and dinner are available and may be purchased online at or by calling 888.472.3244.

Milestone Reached for Indiana Coworking Spaces

If you’re a regular State of Entrepreneurship reader, you’ve probably noticed I regularly stress the importance of connectivity for startup entrepreneurs. Connections open doors and allow entrepreneurs to pursue new opportunities. On July 22nd, Indiana’s entrepreneurship-connectivity reached a new milestone when 17 coworking facilities across Indiana agreed to honor a newly created Indiana Coworking Passport. This passport gives members to one of the 17 spaces access to the other 16 one day a month. Members of Whitley County’s coworking space, The Outpost, now have a home in Muncie at the Innovation Connector, just as Launch Fishers members can setup shop at The Station in Evansville. Opening doors for traveling entrepreneurs will spark new conversations between founders and add opportunities for Indiana startups to create new connections and collaborate.

2014 Indiana State Fair

 The Indiana State Fair kicks off Friday, August 1st. Traditionally, the State Fair provides the agriculture community an opportunity to showcase the latest technology and innovations. Did you know that 245,000 Hoosier jobs are supported by agriculture, which sell $11.2 billion of products each year?

If you’re at the fair, be sure to stop by the Normandy Barn at the North end of the fairgrounds. Each day, local farmers and producers, representing a variety of commodity groups, will speak there and provide more insight onwhat it takes to make Indiana a national leader in agriculture.

I look forward to sharing the State of Entrepreneurship next month and to continue to assist Indiana entrepreneurs start stronger, grow faster, and work smarter.


Jacob Schpok

Jacob Schpok

ISBDC State Director
OSBE Executive Director

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