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People

Indiana Gov.-elect Mitch Daniels recently named Michael "Mickey" Maurer as president of the Indiana Economic Development Corp.

People

Indiana Gov.-elect Mitch Daniels has named Chuck Schalliol as his budget director. Schalliol had been on loan from Eli Lilly and Co. since April to serve as president and CEO of Central Indiana's BioCrossroads.

Gubernatorial Election Results for 11 Races

Going into yesterday's elections, it was clear at least five states would have freshmen governors as three incumbents chose not to run for re-election and two incumbents lost their parties’ nominations to seek new terms. The five states were Missouri, Montana, Utah, Washington and West Virginia.

With the tallying of the votes, the number had grown to seven new governors as incumbents in New Hampshire and Indiana were unseated by successful challenges. Winning re-election were four sitting governors: Ruth Minner in Delaware, Mike Easley in North Carolina, John Hoeven in North Dakota, and Jim Douglas in Vermont.

At press time, no winner had been declared in the extremely close Washington race for governor. Republican Dino Rossi was ahead of Democrat Christine Gregoire by four one-hundredths of a percent at the last count. (see http://vote.wa.gov for more information)

People

Effective Jan. 1, Donald Kuratko will be executive director for Indiana University's Johnson Center for Entrepreneurship and Innovation. Kuratko is currently runs Ball State University's entrepreneurship program.

People

The Purdue Research Foundation has appointed Robert J. Wichlinski as executive director of the new Purdue Technology Center of Northwest Indiana and Kathy DeGuilio-Fox as the center’s business development manager.

People

Indiana Gov. Joe Kernan has named David Dorff as the state's first director for the new Office of Small Business Advocacy.

People

Elizabeth Gatewood has been named director of Wake Forest University's new Office of Entrepreneurship and Liberal Arts. At Indiana University, Gatewood was the Jack M. Chair of Entrepreneurship and the director of the Johnson Center for Entrepreneurship and Innovation.

People

Don Gentry, vice provost for engagement at Purdue University, has announced his retirement.

Indiana Looks to Make Permanent 10% Tax Credit on R&D

The Indiana General Assembly recently passed legislation that would make permanent a 10 percent research and development (R&D) tax credit, if signed by Gov. Joe Kernan.

Indiana's Research Expense Tax Credit provides for a credit based upon a taxpayer's increased research activities conducted in Indiana. The credit is 10 percent of the increase in qualified research expenses paid or incurred in a taxable year over a taxpayer's base amount of research expenses.

Last month's action taken by the Indiana General Assembly is the latest development with the state's R&D tax credit. During the 2003 Legislative Session, the expiration date for the credit was extended from Dec. 31, 2004, to Dec. 31, 2013. The General Assembly also has doubled the credit from 5 percent to 10 percent.

People

Cynthia Helphingstine is the new vice president for business development for Inproteo (formerly the Indiana Proteomics Consortium).

Indiana Higher Ed Institutions to Receive $100M from Lilly Endowment

A $100 million initiative announced last week by the Lilly Endowment Inc. will help Indiana's colleges and universities attract and retain more faculty and students. The Lilly Endowment, a private philanthropic foundation based in Indianapolis, supports community, educational and religious causes.

A total of 37 institutions among Indiana's two- and four-year public and private schools will be encouraged to submit proposals for funding under the initiative. Purdue University and Ivy Tech State College are eligible for a combined $30 million of the $100 million pot. Another $26 million is allocated for Indiana University. Other schools such as Ball State University, Indiana Wesleyan University and the University of Notre Dame are eligible for $5 million or less.

People

BioCrossroads, the Central Indiana life sciences network, announced Chuck Schalliol is the organization's new chief executive officer and president.