INVESTIndiana Returns Sept. 23

Leading Indiana companies will participate in the fourth INVESTIndiana Equity Conference on September 23 at the Conrad Indianapolis.

Fund managers, analysts and institutional investors are primary attendees, with the event open to others in the business community. An Executive Roundtable opens the day. The keynote speaker is William Testa of the Federal Reserve Bank of Chicago. Twelve companies, including six financial institutions, are scheduled to make presentations.

They cover the state, including 1st Source Corporation (South Bend), Escalade (Evansville), Hillenbrand (Batesville) and nine others. Full information and registration is available online.

Education Off the Playing Field

FKudos to the Indiana University Kelley School of Business for the recent announcement of a partnership with the National Football League Players Association. Career development, certificate and degree graduate level program options are part of the mix for current and former players.

Preparing young people for life off the field is a very good thing. Astonishingly, media reports have indicated as many as three-quarters of NFL players are bankrupt within five years of retirement. Details are in this press release.

This is only the latest example of Indiana institutions and businesses working with athletes. The current BizVoice magazine spotlights Indiana University East and its online program for tennis players (including Venus Williams) and the Language Training Center’s work with LPGA golfers.

Transatlantic Trade & Investment Partnership Opening Up New Business Opportunities

GDo you know what TTIP is and what it could mean for your business? Answers will be provided in a September 26 half-day session at the Lilly Center Auditorium in downtown Indianapolis. The Transatlantic Trade & Investment Partnership is a comprehensive agreement being negotiated between the United States and the European Union.

The answer to the second part of the opening question is that it can, in the words of the Office of the U.S. Trade Representative, “help unlock opportunity for American families, workers, businesses, farmers and ranchers through increased access to European markets for American goods and services.”

The Trans-Atlantic Business Council is presenting this informative program in conjunction with Eli Lilly and Company and the Indiana Chamber. Indiana Congressman Todd Young (R-9th District) will be among the speakers. Two panel discussions will focus on the regional impact of international trade, as well as company executives sharing export and foreign direct investment success stories.

The program will conclude at 11:15 a.m. There is no cost to attend, but registration is required.

Helping Veterans Make the Career Transition

Despite some recent improvement, unemployment rates for veterans — especially those who served post-9/11 — remain much higher than the national average.

Hiring Our Heroes is a nationwide initiative of the U.S. Chamber of Commerce Foundation. It was developed to help veterans, transitioning service members and military spouses obtain meaningful employment. The program will be hosting a hiring fair at the Amtrak Beech Grove Shops on September 18.

The event is free for both employers and job seekers and will focus on careers in the rail transportation industry. The job fair will take place from 10 a.m. to 1 p.m. and an employment workshop will be held at 8:30 a.m. Sessions at the workshop will include resume building and writing, as well as interviewing techniques.

The Indiana Chamber’s 24th Annual Awards Dinner in November 2013 featured a salute to the military and veterans theme. In May, the Chamber conducted a Policy Issue Conference Call focused on employment for veterans and military spouses.

Energy Offer: Save and Get Paid

Energy consumers in the South Bend and Fort Wayne regions can learn more about a new demand response program at upcoming presentations.

Participating organizations can receive payments year-round in exchange for agreeing to reduce energy use during times of high demand. The details will be explained during one-hour breakfast meetings on August 27 and 28.

EnerNOC provides the resources to help manage your energy management efforts. Registration and additional details.

Midwest Federal Laboratories Looking for Partnerships

Midwest federal laboratories are exploring the opportunity to build partnerships to accelerate and move innovation to private commercialization. To address important issues and prospects involved in collaborating with federal labs, The Federal Laboratory Consortium (FLC) for Technology Transfer is hosting an event in Indianapolis August 19-20.

A number of informative sessions will cover industry trends and key technologies. Attendees will also have the chance to network with industry professionals and learn about the various challenges and benefits involved in licensing intellectual property from federal laboratories. An awards luncheon will be held Wednesday, August 20 to recognize the region’s best industry achievements.

Panels consisting of capital, entrepreneurial and technology-based economic development experts will tackle the pros and cons of working with federal labs. Sue Ellspermann, the 50th lieutenant governor of Indiana, will serve as keynote speaker.

The meeting will provide business leaders with a rare chance to learn more about Midwest federal laboratories and the opportunities partnerships could offer.

Foreign Investment Pays Off in Jobs

The Indiana Chamber has touted the advantages of foreign-owned establishments numerous times over the years. A new study looks at jobs generated by the foreign investment in the largest U.S. metro areas over the past 20 years.

In 1991, Indianapolis ranked 36th nationally with 21,190 jobs tied to foreign direct investment. In 2011, those numbers improved to a 22nd-place ranking and 49,910 jobs.

How about industries and locations? Aircraft products and parts topped the 2011 list (thanks largely to Rolls Royce), accounting for 7,600 jobs. Motor vehicle parts followed with 4,800 jobs. In line with those numbers, London and Tokyo, respectively, were the leading global cities serving as home for the Indianapolis-area investment.

The Brookings Institutions and JPMorgan Chase combined efforts on the research.

Time for Some Midweek Soccer and More

The Indy Eleven may be going through a few growing pains on the field (1 win, 6 losses and 4 draws but with a number of close, heartbreaking setbacks) as a first-year team in the North American Soccer League, but the franchise has a perfect mark at the gate — six home games in league play and six sellouts.

All games are played on Saturday evenings with the exception of an upcoming Wednesday contest (August 6) against the Fort Lauderdale Strikers. The team has a special “Happy Hour Night” offer available for businesses and individuals with a game ticket and hospitality package for just $25. Details are available here.

The Indiana Chamber’s BizVoice magazine featured the off-field success of the franchise in its March-April issue this year. Check out the story if you missed it, and check out the state’s newest professional team and the excitement of the soccer experience on August 6.

It’s All About Innovation

Innovation (and workforce and a few other things) is the name of the game when it comes to Indiana business development. It’s featured throughout the Indiana Chamber’s Indiana Vision 2025 plan. And innovation will be the focus of a late August event.

Centric is an Indianapolis-based innovation think tank and networking group, with the goal of making the city (and beyond) a globally recognized center for innovation. The Indiana Innovation Awards strive to recognize innovation and excellence throughout the state. The two come together at Centric’s Day of Innovation on August 28.

To be nominated for the awards, an organization must have launched a product or service in the past three years that has shown success and is considered innovative in its market. Past Indiana Innovation Awards winners include Cultural Trail, TinderBox, Delta Faucet, Yikes, Brackets for Good, Indianapolis Symphony Orchestra and many others.

 

 

Congress Can Do It, But You Can’t

An interesting blurb in a recent Kiplinger newsletter on one of the privileges of congressional service:

Congress can do what employers can’t when it comes to health coverage: use tax-advanced funds to reimburse workers who buy individual health care policies on exchanges. Employers face a tax penalty of $100 a day per worker for violations.

Yet the government gives lawmakers and Capitol Hill staffers tax free contributions to help offset insurance premiums, covering about 72% of exchange-bought insurance. The government allowed the payments because of concerns about higher premiums and the loss of the government subsidy for insurance for both lawmakers and staff.

The IRS restated its view that such subsidies aren’t permitted in the private sector after some vendors told employers that the pretax payments would allow them to meet the mandate to provide insurance. The double standards isn’t likely to change.