Charting the next chapter for TechPoint and Indiana’s tech ecosystem
Tech Point
Economic Strategy
TechPoint is the growth accelerator for Indiana's tech ecosystem. Tech ecosystems need resources like talent, innovation, companies, capital, community, promotion, research, and policy. Attracting, harnessing, and coordinating these resources is critical for success. TechPoint focuses on developing out Indiana's tech ecosystem and is part of the Central Indiana Partnership.
TechPoint engaged Fourth Economy in 2021 to support the development of a new strategic plan.
Our Approach
Fourth Economy supported TechPoint in identifying and defining tech occupations and industries to better assist with grant reporting. Additionally, Fourth Economy worked closely with the TechPoint leadership team to develop a strategy of board member engagement and interviews to collect feedback on areas of development and focus for TechPoint’s next growth spurt.
The Results
As the technology sector rapidly evolved and the impacts of the COVID-19 pandemic became clear, it was necessary to assess TechPoint’s current role in the industry, with an eye towards future strategy, ecosystem analysis, economic insights, best practices, and benchmarks with peer organizations. Fourth Economy developed a plan to understand central Indiana’s tech industry and workforce. Throughout this strategic planning process, Fourth Economy served as an independent thought partner in helping TechPoint prioritize portfolio needs, understand organizational capacity, and decide where efficiency could increase.
Location
Indiana