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R&D LIVES
indianapolis IN INDY
SALESFORCE
TOP COMPANIES
INGRAM MICRO
HAVE THOUSANDS OF
APPIRIO EMPLOYEES IN INDIANAPOLIS
GENESYS
ROCHE 4TH BEST IN COST
DIAGNOSTICS
OF DOING BUSINESS
DOW
AGROSCIENCES
INFOSYS $1.3B R&D INVESTMENT
KRONOS
$358M STATEWIDE STARTUP
INVESTMENT IN 2019
“ the next big startup city ” INDIANA RANKED #1 FOR
— inc . PHYSICAL INFRASTRUCTURE
:TALENT A Top Ten City for Women in Tech
—SmartAsset
Indianapolis is positioned among its region’s universities and their steady stream of over 35,000 graduating professionals
each year.
EDUCATION POPULATION TECH TALENT TECH
ATTAINMENT CONCENTRATION LABOR POOL DEGREE
31.4% RATE 1 23.2% OF MILLENIALS 6 21.8% GROWTH 1 41.5% GROWTH 1
(2019) (2014–2019) (2014–2018)
REGIONAL COLLEGES
20+ AND UNIVERSITIES TECH
38.8K 1K
MILLENIAL TECH
35K REGIONAL GRADUATES
EVERY YEAR 11
7% GROWTH
PER YEAR 1
(SINCE 2013)
TALENT
TOTAL 1
DEGREE
COMPLETIONS 1
(2018)
30,000 INFORMATION INDIANAPOLIS IS THE AVERAGE AGE OF THE
TECHNOLOGY WORKERS HOME TO HIGH INDIANAPOLIS POPULATION IS
ARE EMPLOYED IN THE RANKING BUTLER, 33.5 WITH 30.4% BACHELOR
9
INDY METRO AREA. 12
IUPUI, AND MARIAN. DEGREE OR HIGHER. 10
:COST #4 Market for Future Tech Growth
—Zillow
Indianapolis’ long-term fiscal stability and favorable regulatory environment make it a smart choice for investment and growth.
GROSS DOMESTIC INDIANA STARTUP R&D INVESTMENT 7
AVERAGE OFFICE RENT 3
PRODUCT 14
INVESTMENT 201915
UNIV, CORP, & GOV INDY SAN FRANCISCO
$117.6B $358M $1.3B $21.2 FT2 $66.6 FT2
COST OF LIVING AVERAGE TECH SALARY 1
AVERAGE INDUSTRIAL RENT 4
INDEX C2ER 2020 2
INDY SAN FRANCISCO
$86.6K INDY
NATIONAL AVG. $4.6 FT2 $17.8 FT2
100.0 $125.4K SF
MEDIAN HOUSE PRICE 5
INDY SAN FRANCISCO
INDY
AVERAGE SUPPORT SALARY $153K $1.4M
92.4
1
$49.3K INDY MEDIAN VALUE FOR TOP TIER HOME 5
SAN FRANCISCO INDY SAN FRANCISCO
197.6 $72.1K SF
$247K $2.2M
INDIANAPOLIS IS INDIANA’S R&D AT 30% OF INDIANAPOLIS TECH
HEADQUARTERS NEARLY $1.3 BILLION, WORKERS ARE TRANSPLANTS,
TO 6 FORTUNE WITH 36% INTERNAL ACCORDING TO THE
1000 COMPANIES. PROGRAM FUNDING. INDIANAPOLIS TECH CENSUS.
:QUALITY OF LIFE World-class sports, food,
and the great outdoors
:CONNECTION #1 Physical Infrastructure NONSTOP DESTINATIONS 8
in the Country See full list at ind.com/flights
—CNBC
ATLANTA 1 hr 10 min
Indianapolis is a smart destination for businesses. AUSTIN 2 hrs 10 min
BALTIMORE 1 hr 15 min
BOSTON 1 hr 50 min
BUFFALO 1 hr 5 min
AVERAGES TO OVER 50 2 HOURS OR LESS CANCUN, MEXICO -
145 DAILY NONSTOP TO N.Y., CHICAGO, CHARLESTON 1 hr 20 min
CHARLOTTE 1 hr 10 min
DEPARTURES DESTINATIONS. D.C. AND BOSTON. CHICAGO 40 min
CLEVELAND 1 hr
DALLAS 1 hr 45 min
DENVER 2 hrs 25 min
DETROIT 45 min
HOUSTON 2 hrs
JACKSONVILLE 1 hr 30 min
KANSAS CITY 1 hr 10 min
LAS VEGAS 3 hrs 30 min
LOS ANGELES 4 hrs
MIAMI 2 hrs 20 min
MINNEAPOLIS 1 hr 20 min
MYRTLE BEACH 1 hr 20 min
NEW ORLEANS 1 hr 30 min
NEW YORK 1 hr 40 min
OKLAHOMA CITY 1 hr 30 min
ORLANDO 1 hr 50 min
PARIS -
PHILADELPHIA 1 hr 25 min
PHOENIX 3 hrs 20 min
RALEIGH/DURHAM 1 hr 15 min
SALT LAKE CITY 3 hrs 10 min
SAN DIEGO 3 hrs 45 min
SAN FRANCISCO 4 hrs 15 min
SAVANNAH 1 hr 20 min
SEATTLE 4 hrs 20 min
A Hotbed for TAMPA 1 hr 50 min
B2B Startups TORONTO -
—Inc. WASHINGTON DC 1 hr 15 min
:GROWING COMPANIES CHOOSE INDIANAPOLIS
Indiana’s strategic location and thriving industry sectors make it a proven choice for growing companies as they seek
new locations for expansion and investment. Recent investment in the region includes:
$40M 13K ft2 $47M + 120K ft2 $10M 3K ft2 16K ft2
Invested $40M 13,000 sq. ft. office To invest $47M on new To invest $10M+ over 3,000 sq. ft. office 16,000 sq. ft. office
and hiring 800 and hiring 332 people 120K sq. ft. facility and next several years and space and hiring 100 space and hiring 100
people by 2021 by 2021 hire 300 people by 2022 hiring 200 employees people by 2023 people by 2021
786K ft2 $493K NEW BASE $158M 65 NEW JOBS $700M
786,000 sq. ft. campus To invest $493K plus To establish aircraft To diversify with $158 First U.S. operations $700M investment in
on 141-acres and hiring 36 new, high-wage base plus significant million investment expanding to Indiana & Princeton operations
3,000 people by 2023 jobs by 2023 investment & 55 jobs and 350 jobs by 2024 65 new jobs by 2024 plus 150 jobs by 2023
:STRATEGIC SECTORS 5th Best State Regulatory Environment
13
—Forbes
ADVANCED LIFE AEROSPACE LOGISTICS AND
MANUFACTURING SCIENCES AND AVIATION TRANSPORTATION AGRITECH
• State’s automotive • One of the top five states for • The Institute for Advanced • Shortest distance to median • Home to precision
industry comprised of the number of companies, Composite Manufacturing center of U.S. population agriculture companies:
5 major OEM assembly concentration of companies, Beck’s Hybrids, Corteva,
plants, over 500 and total number of life • Purdue University Research • Highest rail tons of Elanco, Solinftec
automotive suppliers, sciences industry jobs Park: home to one of five primary metals originated
national IACMI composite and terminated • Data & research-driven
and 128.8K workers solutions aimed at clos-
• 2nd highest national research centers
• +93,000 manufacturing • 1st largest producer of ing the global food gap
concentration of • Notre Dame Turbomachinery
jobs since 2009 biopharmaceutical jobs truck trailers • Innovations in research
Lab: $36M investment in
• 1st in pass-through and technology
• $36.6B in manufactured collaboration with GE
• One of only two states with highways
goods exports (2017) • Transforming the Corn
specialized employment • Alcoa Aerospace Alloys: Belt to a new Tech Belt
• 2nd largest by GDP concentration in four of the world’s largest alumi- • Home to second-largest
in the U.S. five major subsectors num-lithium plan global Fed-Ex air hub • Purdue University is
the #1 National
• 2nd in overall • Warsaw, IN: Orthopedics • GE Aviation Leap Engine • Employs 100K workers at Biological/ Agricultural
U.S. production Capital of the World Assembly, 25K sq. ft plant 1,500 distribution firms Engineering Program
SOURCES 2020 Scoring Tech Talent, cbre.us; 2 C2ER, coli.org; 3 Cushman and Wakefield Indianapolis Office MarketBeat Report Q1 2020; 4 Cushman and Wakefield Indianapolis Industrial MarketBeat Report Q1 2020; 5
1
Zillow.com; 6 Statisticalatlas.com; 7 BioCrossroads, biocrossroads.com; 8 Indianapolis International Airport, ind.com; 9 areaConnect, indianapolis.areaconnect.com; 10 TownCharts, towncharts.com;
11
Indy Partnership, “Indianapolis Region Education” fact sheet; 12 Indy Partnership “Indy is a High Tech Leader” fact sheet; 13 iedc.in.gov/industries; 14 ibj.com; 15 techpoint.org
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