Read on Twitter
We also need to do a better job of telling our story of all the great things that are happening here. Among them:
1/n https://twitter.com/dimension_mill/status/1313130319768358913
1/n https://twitter.com/dimension_mill/status/1313130319768358913
The Mill is 19,000sf of coworking and incubator space. Pre-COVID, we were the fastest-growing coworking space in Indiana.
2/n
2/n
We’re home to Crossroads, the largest statewide pitch competition in Indiana. 30 companies pitch to 30 judges for 100k in prizes. The finals are Wednesday. https://www.eventbrite.com/e/2020-crossroads-pitch-competition-finals-tickets-119611425995
3/n
3/n
FormAssembly raised $10mm in Series A funding. One of our other startups, sold to Facebook last year. (I wish I could crow about that to everyone!) Stagetime oversubscribed their seed round by 100%.
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4/n
Hanapin sold to its largest UK competitor. Envisage took an investment from Norwest who has 9b in assets under management. NetIrrigate sold to a publicly-traded company. Regatta VR sold to NIIT, a multi-billion dollar company. All within the last 6 months.
5/n
5/n
Velocities $2.5mm partnership w/ Elevate Ventures & Columbus. As part of that, we created the Community Ideation Fund which is for proof of concepts and one of our 7 capital sources. https://www.hoosiertimes.com/herald_times_online/news/business/its-your-biz-seven-capital-sources-for-startups/article_3023cdf8-e712-11ea-9224-574f5b65fb7d.html
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6/n
Civic Champs is participating in Techstars, 1 of the top 2 accelerators globally. Civic Champs is also the 2nd startup from the Velocities region to participate in the last year.
7/n
7/n
We’re the literal middle of the Innovation Corridor for cybersecurity, bookended by Crane 30 mins to the south and Muscatatuck 60 mins to the east. IU has a world-class curriculum and Ivy Tech offers an 11-month certificate that gets jobs for 50-75k.
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8/n
The City’s $2.5mm Rapid Response Fund for small businesses at the beginning of COVID was, per capita, 2x the size of any other city we could find.
9/n
9/n
Bloomington has resources that other cities of our size would be envious of:
a. Crane is the world’s 3rd largest naval warfare base
b. Cook Medical is a multi-billion dollar medical device company
c. Indiana University is one of the world’s foremost research institutions
10/n
a. Crane is the world’s 3rd largest naval warfare base
b. Cook Medical is a multi-billion dollar medical device company
c. Indiana University is one of the world’s foremost research institutions
10/n
d. Ivy Tech is the nation’s largest community college
e. Catalent has doubled its size in Bloomington in the last year (to 1k employees?) and will produce a COVID vaccine
/fin
e. Catalent has doubled its size in Bloomington in the last year (to 1k employees?) and will produce a COVID vaccine
/fin
