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Indiana Partners with Elevate Ventures to Launch First $100M Growth Stage Fund

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Gov. Holcomb announces at Global Economic Summit new venture fund designed to help entrepreneurs scale in Indiana

MAY 24, 2024

INDIANAPOLIS – Governor Eric J. Holcomb, Indiana Secretary of Commerce David Rosenberg and CEO of Elevate Ventures Christopher Day today announced a new $100M fund focused on cross-sector innovation-driven growth stage companies with a $500M total addressable market (TAM) or greater. The fund will be anchored by a $25M commitment from the returns achieved by Elevate Ventures investments and Elevate plans to raise an additional $75M through the private market to continue fueling Indiana’s venture capital. The new growth fund will be called the Elevate Ventures Growth fund.

“Today’s launch of Indiana’s first Growth Stage fund adds to an already powerful toolkit putting the world’s capital to work including the $250M Next Level Fund we created in 2017,” Gov. Holcomb said. “This new $100M fund anchored by a $25M initial investment from Elevate Ventures will provide even more opportunities to invest and grow innovative businesses at the later stages of their development. I want to thank Toph Day and for his drive and vision to reach this point as well as Secretary Rosenberg and the IEDC board for putting it originally into motion.”

Indiana surpassed the $1 billion mark for venture activity in 2021 and 2022, with Elevate Ventures ranking no. 1 in the Great Lakes Region, no. 8 in the United States and no. 17 globally as the most active venture capital investor per Pitchbook 2024 Q1 League Tables. Investing state dollars from the 21st Century Research & Technology Fund and federal dollars from the State Small Business Credit Initiative, Elevate Ventures committed $21.7 million in capital to Indiana startups in 2023.

“We are the state that innovates. Our long relationship with the IEDC is an incredible example of one of the nation’s most successful public-private partnerships. Having a growth equity fund headquartered here in Indiana, to participate with investors from across the globe, will help our innovation-driven companies scale more efficiently and move from being acquirees to acquirors, helping to drive a more robust entrepreneurial ecosystem with high paying jobs. Indiana has the critical ingredients including infrastructure, talent, mission critical industries, technology, cost of living, lifestyle and regulatory environment to power the productivity boom,” said Christopher Day, CEO of Elevate Ventures Christopher Day.

Elevate Ventures is planning to commence fund formation in late Q2 and targeting to make first investments in 2025. In August of this year, innovators, entrepreneurs, and investors from across the world will gather in Indiana for the 2nd annual Rally, a global cross sector innovation festival and $5M pitch competition, one of the world’s largest. More details can be found here.

“In 2024, Forbes ranked Indiana as the second-best state to start a business. We have incredible momentum in Indiana with multiple billion-dollar investment announcements and a robust entrepreneurial ecosystem,” said Secretary of Commerce David Rosenberg who also leads the Indiana Economic Development Corporation. “The IEDC is constantly seeking the input of our innovation ecosystem and how we can better support entrepreneurship to drive more high paying jobs and prepare our workforce for the modern economy.”

Delta Sigma Theta Sorority, Inc. Announces Red Shoe Luncheon Honorees

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Evansville Alumnae Chapter of Delta Sigma Theta Sorority, Inc. Announces Red Shoe Luncheon Honorees

MAY 24, 2024

 (Evansville, IN) – The Evansville Alumnae Chapter of Delta Sigma Theta Sorority, Inc., celebrates 46 years of service in the Evansville community and will hold a luncheon on Saturday, June 8, 2024, at 11:30 am at the venue 812, 1401 N. Boeke Road, Evansville, IN 47715. The Red Shoe Luncheon will honor women in the Evansville community who are leading in areas that support Delta Sigma Theta Sorority’s mission and the Five-Point Programmatic Thrust – Economic Development; Educational Development; International Awareness and Involvement; Physical and Mental Health; and Political Awareness and Involvement. In addition to recognizing outstanding women in the community, the event includes a scrumptious meal and entertainment. The following women will be recognized at the luncheon:

  • Economic Development

Geronica Hazelwood, Founder/Executive Director, Missing Pieces Community Development Corporation

  • Educational Development

Debbie Calhoun, #Tech Me Program

  • International Awareness and Involvement

Rev. Lynn Renne, Amani Partners Kenya

  • Physical and Mental Health

April Goebel, RN, and Community Mentor

  • Political Awareness and Involvement

Amy DeVries, Community Organizer

  • Community Outreach

Dr. Trinisia Brooks, Culturally Responsive-Trauma Informed Practitioner, Your Advocate Consulting

  • Youth Award

Sophie Golday

  • Youth Award

Jahzara McAlister

Founded in 1913, Delta Sigma Theta Sorority, Inc., is a non-profit organization whose purpose is to provide services and programs to promote human welfare. The Evansville Alumnae Chapter was chartered April 22,1978. Programs throughout the years include building homes for families under the Habitat for Humanity program, voter registration drives, hosting seminars on women’s health issues, mentoring programs for young girls, and a scholarship fund to assist students with expenses upon entering college.

Tickets and sponsorships may be purchased by visiting www.evansvilledeltas.com. To obtain additional information, email the Chapter at DSTEvansvilleAlum@gmail.com or contact Diane Clements-Boyd at (812) 457-1148.

Biden-Harris Administration Announces $25 Million to Help Provide Small, Underserved, and Disadvantaged Communities with Clean and Safe Drinking Water

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the U.S. Environmental Protection Agency announced $25 million for states and territories to invest in clean and safe drinking water. This grant funding will specifically benefit underserved, small and disadvantaged communities by upgrading infrastructure to comply with the Safe Drinking Water Act, reducing exposure to Per- and Polyfluoroalkyl Substances (PFAS), removing sources of lead, and addressing additional local drinking water challenges. The EPA funding announced today advances President Biden’s Investing in America Agenda to help communities make real progress on critical drinking water upgrades.

“Across the country, too many communities struggle to maintain and upgrade drinking water infrastructure that is essential to public health,” said Acting Assistant Administrator for Water Bruno Pigott. “This $25 million in EPA grant funding, along with historic investments from President Biden’s Bipartisan Infrastructure Law, will strengthen our nation’s water infrastructure and help ensure everyone has access to clean and safe drinking water.”

This funding is part of the Biden-Harris Justice40 Initiative, which advances environmental justice and benefits disadvantaged communities by ensuring that federal funding is reaching places that need it most.

EPA’s grant funding is flexible and can support a broad range of projects to help communities address drinking water concerns, from household water quality testing to monitoring for drinking water contaminants, including PFAS. These funds can also be used to identify and replace lead service lines to help achieve President Biden’s goal of removing 100% of lead pipes across the country. Funds may also support efforts to build the technical, financial, and managerial abilities of a water system’s operations and staff. Infrastructure projects—from transmission, distribution, and storage—that support drinking water quality improvements are also eligible for grant funding.

The Small, Underserved, and Disadvantaged Community grant program, established under the Water Infrastructure Improvements for the Nation (WIIN) Act, awards funding to states and territories on a non-competitive basis. EPA awards funding to states based on an allocation formula that includes factors for population below the poverty level, small water systems, and underserved communities. Since 2019, this grant program has allocated over $130 million to states, territories and Tribes. There is a separate allotment to support activities in American Indian and Alaska Native Village communities. For more information, visit the WIIN SUDC Grant website.  

FY 2024 Small, Underserved and Disadvantaged Communities (SUDC) Grant Allotments for States and Territories
Based on FY 2024 Appropriations of $25,080,000

State/Territory FY 2024 Allotment State/Territory FY 2024 Allotment
Alabama $369,000 Montana $326,000
Alaska $571,000 Nebraska $284,000
American Samoa $141,000 Nevada $293,000
Arizona $490,000 New Hampshire $259,000
Arkansas $342,000 New Jersey $406,000
California $1,624,000 New Mexico $393,000
Colorado $462,000 New York $1,047,000
Connecticut $273,000 North Carolina $679,000
Delaware $195,000 North Dakota $210,000
District of Columbia $151,000 Northern Mariana Islands $142,000
Florida $961,000 Ohio $609,000
Georgia $664,000 Oklahoma $492,000
Guam $135,000 Oregon $425,000
Hawaii $170,000 Pennsylvania $799,000
Idaho $316,000 Puerto Rico $478,000
Illinois $702,000 Rhode Island $168,000
Indiana $422,000 South Carolina $375,000
Iowa $348,000 South Dakota $240,000
Kansas $381,000 Tennessee $403,000
Kentucky $340,000 Texas $1,821,000
Louisiana $641,000 Utah $291,000
Maine $238,000 U.S. Virgin Islands $138,000
Maryland $305,000 Vermont $210,000
Massachusetts $348,000 Virginia $469,000
Michigan $650,000 Washington $566,000
Minnesota $382,000 West Virginia $315,000
Mississippi $420,000 Wisconsin $439,000
Missouri $524,000 Wyoming $238,000

Louisa Royer Captured Guinness World Record

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Louisa Royer Captured Guinness World Records As The Youngest Female Drone Videographer

At just 8 years and 258 days old, Louisa Royer captured the attention of the drone community and secured a spot in the Guinness World Records as the youngest female drone videographer. Her journey to this achievement began with simple curiosity and has since soared to remarkable heights.

Louisa’s fascination with drones started when she was 7, through educational videos on YouTube Kids. “I asked for a drone as a gift because I love science, and it seemed like a fun way to explore the world from a different viewpoint,” she recalls. Her passion for travel, shared with her family on trips to places like Japan, Australia, Korea, Ireland, England, Germany, Romania, and Hungary, provided ample opportunities to hone her skills. A recommendation from her science teacher to compile her best footage for film festivals turned what was a hobby into a serious pursuit.

The idea to chase a world record came from her love of the Guinness World Records YouTube channel. “I found out about the youngest drone users and discovered a record held by a 13-year-old boy who used drones for mapping,” Louisa explains. This discovery motivated her to apply for the title of the youngest female drone videographer.

Louisa’s film of her drone videography, “Dangerous Plants”, was accepted and won awards at multiple international film festivals (Thunderbird Drone Festival, Bloomington International Film Festival, and the Arizona Drone Film Festival).  She received the award for “Best New Pilot” at the Arizona Drone Film Festival on October 7, 2023  when she was 8 years, 258 days old and allowing her to win the Guinness World Record  for “Youngest Drone Videographer (female).”

The challenges were significant, especially learning the nuances of flying drones safely across various countries. “Understanding how to safely fly the drone in different locations was tough. You have to be very aware of your surroundings to avoid airports and obstacles like power lines or trees,” she states.  Flying the drone in the USA required her to take and pass a drone safety course from the Federal Aviation Administration (FAA).

Winning the record was an exhilarating experience for Louisa. “It’s amazing! It feels great, and all of my friends and family are very proud of me,” she beams. This recognition has brought her immense joy and encouragement from her loved ones.

Beyond drones, Louisa is a vibrant girl with diverse interests. “I really love science and math. I enjoy gardening with my parents, playing Minecraft with my siblings, playing soccer and taking care of my pet cat, Luna,” she shares. In addition to her pet cat, she also has a love for Axolotls.

Louisa’s ambitions don’t stop at her current record. She’s focused on enhancing her drone skills and is intrigued by the possibilities of drone cartography.  She hopes to be able to fly her drone in all 7 continents (she’s done 3 so far).  “I’d also really like to attempt a record regarding Minecraft, but I haven’t looked into those records yet,” she adds, hinting at more Guinness World Record endeavors in her future.

For others dreaming of their own records, Louisa offers words of encouragement: “Keep trying even if it seems difficult at first. You never know what can happen if you keep doing things you love.”

USDA FOOD AND INSPECTION REPORT

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Retail Food Establishment Inspection Report For Vanderburgh County

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Healthy food. Healthy eating background. Fruit, vegetable, berry. Vegetarian eating. Superfood

 

Retail Food Establishment Inspection Report For Vanderburgh County

media reports April 28-May 4, 2024

EPD DAILY ACTIVITY REPORT

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EPD

 

EPD DAILY ACTIVITY REPORT

FOOTNOTE: EPD DAILY ACTIVITY REPORT information was provided by the EPD and posted by the City-County-County Observer without opinion, bias, or editing.

USI open post-season with 11-2 win Eagles advance to play top-seeded Little Rock

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MARION, Ill. – University of Southern Indiana junior centerfielder Terrick Thompson-Allen (Sioux, Iowa) hit a three-run blast and junior right-hander Gavin Seebold (Jeffersonville, Indiana) threw eight strong innings to lead the Screaming Eagles to an 11-2 win over University of Tennessee at Martin in the second round of the OVC Baseball Championship Wednesday afternoon at Mtn Dew Park. The Eagles are 26-30 overall, while the Skyhawks finish their year, 21-35.
 
The Eagles advance to play top-seeded University of Arkansas at Little Rock Thursday at 11 a.m. Little Rock, which is 32-22 overall, 19-8 in the OVC, leads the all-time series with USI, 5-0, after sweeping a series early this month.  
 
Thursday’s action in the OVC Baseball Championship will begin the double-elimination portion of the tournament that runs through Saturday.
 
USI kicked off the scoring in the opening frame when junior shortstop Caleb Niehaus (Newburgh, Indiana) singled up the middle to score junior third baseman Ricardo Van Grieken (Venezuela) for a 1-0 lead. The Skyhawks bounced back to tie the score, 1-1, with a tally in the top of the fourth.
 
Thompson-Allen, who was two-for-four with a team-high four RBIs, put the Eagles back into command with a three-run blast to right field for a 4-1 advantage. UT Martin closed the gap in the top of the seventh, 4-2, with a home run of its own.
 
The Eagles put the game away with a seven-run frame in the bottom of the seventh. USI scored seven times on seven hits and a UT Martin error to lead 11-2. USI junior catcher Logan Mock (Livermore, California) highlighted the frame with a two-double to finish the scoring.
 
On the mound, Seebold was dominating through a season-high eight innings. The junior right-hander allowed two runs on seven hits and a walk, while striking out three.
 
Sophomore left-hander Trevor Geddes (Prospect, Kentucky) finished the game for the Eagles, throwing a scoreless ninth, allowing a walk and striking out one.
 

Smith great as Otters fall in middle game

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WASHINGTON, PA – The Evansville Otters fell in the middle game of the series Wednesday to the Washington Wild Things 2-1 at Wild Things Park.

Scoring was hard to come by. The Otters (4-8) scored first for the second time in the series, but gave up the lead to the Wild Things (7-3) and could not recover.

In the top of the third inning, Patrick Lee launched his third home run of the year over the left-center wall, the deepest part of the yard. The no-doubt home run gave the Otters a 1-0 lead.

Washington answered in the bottom of the inning. On a one-out walk, a wild pitch sent the runner from first to third as Justin Felix could not locate the baseball. Later in the inning, a second wild pitch plated a run to even the score.

The Wild Things took the lead in the fourth on an RBI single and their pitching guided them through the rest of the game.

In the sixth, eighth and ninth innings, Evansville had two runners on base in each frame but could not capitalize, accounting for six of the seven men left on base. The final runner was Anothony Calarko who led off the second inning with a double, but the next three batters struck out to end the inning.

Lee and Calarco led the bats with two hits. The Otters outhit the Wild Things 9-4.

Zach Smith (0-2) was terrific on the mound. He took the hard-luck loss after throwing in 6.2 innings allowing both runs on just four hits with seven strikeouts and five walks. Despite the free passes, he rolled two double plays to help himself out.

Jon Beymer did not allow a baserunner in the 1.1 innings he saw out of the bullpen.

Evansville will finalize their three-game series against Washington tomorrow with a 6:05 PM CT first pitch.