Indiana Economic Development Corporation – Startup Investor Profile

Indiana Economic Development Corporation is responsible for improving the state economy and assisting businesses in starting.

Location: Indianapolis

Country:

Investment Regions:

Investment Stages: late-stage, pre-seed, seed, series-a

Website: https://www.iedc.in.gov/

AI Reasoning: The IEDC announced activity related to venture investment programs and approved the first VCI investment fund (Paragraph in Bloomington) on July 3, 2024. The most recent specific investment-related action found is the July 3, 2024 announcement. From that date to the reference date, the gap is approximately 16 months, which would normally be ‘not-active’. However, IEDC also published a record-closing report on Jan 10, 2025 mentioning launching 482 new small businesses in 2024 and ongoing investment activity, indicating more recent involvement. There are program launches and fund activity in 2024 and mention in Jan 2025. The closest concrete investment-related item after July 2024 is the Jan 10, 2025 report, which falls within 10 months from the reference date, placing the last known investment within the 12-6 month window. The report references support for entrepreneurs but does not name individual startups in the Jan 10, 2025 release. One named entity from earlier is Paragraph (Bloomington) as the VCI fund approved. Therefore tag ‘active’ applies.

Not Active – No known investments in the last 12 months.

Low Activity – Only known investments between the last 12 and 6 months.

Active – Known investments between the last 6 and 3 months.

Very Active – Known investments in the last 3 months.