April 17, 2021 at 3:19 a.m.
Meeker ranks 21st on Midas List
Business roundup
A Portland native is considered the top female tech investor.
Mary Meeker was 21st overall and the top-ranked woman on the 2021 Midas List that was released this week.
The Midas List, which has been published for 20 years, ranks the world’s top 100 tech investors. It is produced by Forbes magazine in partnership with TruBridge Capital Partners.
Meeker, a Portland native and Jay County High School graduate, is a general partner at BOND Capital. The Midas List included Instacart as her “notable deal” of the year. She was ranked eighth on the 2020 list.
BOND recently raised its second fund, bringing in $2 billion in capital commitments. A Forbes piece noted the firm’s high-profile investments in Indiana education technology company Byjus and Australian design platform Canva.
While working at Kleiner Perkins, Meeker was involved in investments in Airbnb, DocuSign, LegalZoom, Peloton, Pinterest and Spotify.
Cutting scheduled
Jay County Chamber of Commerce will host a ribbon-cutting ceremony at noon Friday for Deer Park Boutique.
The boutique opened its new location at 204 N. Meridian St. in November and a ceremony was not held because of the coronavirus pandemic. The chamber will hold the ribbon-cutting next week in celebration of both the new location and the third anniversary of the opening of the business.
Swiss Village hires
Swiss Village has promoted Danielle Bryan to become its new assistant food service director.
Bryan is currently the Swiss Village healthcare activities assistant and will shift to her new position May 3. She has a bachelor’s degree in business management from International Business College and previously worked as a kitchen supervisor and event coordinator for Nine Mile Restaurant in Fort Wayne.
“I am excited to have Danielle be part of our food service staff,” said Patty Habegger, Swiss Village director of food service. “She has a great deal of experience which will be invaluable in meeting the department goals and objectives. I am confident that Danielle will be a strong asset to our team.”
Purdue selected
Purdue University announced this week that it has been chosen by Big Idea Ventures to be involved with a new fund designed to commercialize university intellectual property.
Big Idea’s new Generation Food Rural Partners is a $125 million target fund. According to a press release, the money will be used to help commercialize food technology, protein innovation and agricultural technology developed at universities.
“We are proud to join a select group of universities for this new opportunity focused on commercialization, higher education and rural economies,” said Purdue Research Foundation vice president and chief entrepreneurial officer Wade Lange in the release. “Purdue has a strong network of innovators focused on technologies to provide food and agricultural solutions.”
I&M donates
Indiana Michigan Power, via The American Electric Power Foundation, recently donated $104,000 to Second Harvest Food Bank to allow the organization to purchase two refrigerated semi trailers.
The trailers will allow the food bank to transport more food donations from businesses and organizations to those in need, including through its food tailgate events. Each trailer can haul about 30,000 pounds of food.
“We want to thank the AEP Foundation and I&M for this generous donation as we help our community members deeply impacted by this last year,” said Second Harvest president and CEO Tim Kean in a press release. “The funds help Second Harvest remain committed to ensuring healthy food is available to anyone who needs support. This grant is instrumental in enabling Second Harvest to provide increased food and resources to tens of thousands of neighbors in need.”
Ivy selects
Ivy Tech Community College has named Lorenzo Esters as the next chancellor of its Indianapolis campus.
Esters’ duties will include leadership of the college’s largest service area, including Marion, Hendricks and Boone counties. He will take over for the retiring Kathleen Lee on July 1.
“We are excited to welcome Dr. Esters to Ivy Tech,” said Ivy Tech president Sue Ellspermann in a press release. “His broad and rich experience along with his recognized leadership in higher education makes him ideal to serve our largest and most diverse campus. We have the opportunity to reach well over one million Hoosiers in the greater Indianapolis service area.”
Financing complete
Invenergy Japan, a subsidiary of Invenergy, announced last week that it has completed financing for its largest Japan-based solar project.
The company, which is planning a solar project in Jay County, completed financing for the 53-megawatt Yuzukami Solar project. It is currently under construction and is scheduled to be in operation in 2023.
“Invenergy is pleased to have completed financing for the Yuzukami Solar project, a significant milestone for us as a global leader in clean energy development and project finance,” said Invenergy vice president of finance and capital markets Brian Bortman. “This transaction not only demonstrates the strength of our financing capabilities, but also reflects Invenergy and Shinsei Bank’s shared commitment to building a sustainable future.”
Network created
Dollar Tree announced Thursday that it has created retail media network Chesapeak Media Group.
The platform is designed for brands to engage with their customers in a “personalized and ultra-targeted digital experience like never before.” It offers brands the ability to connect with shoppers in real time.
“Brands will be able to directly reach millions of families across America through a variety of digital options made possible through our newly-formed retail media network, Chesapeake Media Group, powered by Swiftly and Aki,” said Dollar Tree enterprise chief merchandising officer Richard McNeely in a press release. “We are excited to provide our CPG Brand partners with an efficient, one-stop-shop to instantly engage with their customers through an innovative, tailored approach.”
Advance invites
Advance Auto Parts will host a presentation about its updated strategic business plan at 10 a.m. April 20.
The event will include Advance president and CEO Tom Greco, executive vice president and chief financial officer Jeff Shepherd and others discussing the company’s programs on its transformation initiatives and strategic objectives. There will also be a question and answer session.
Those interested in participating in the virtual event can register at ir.advanceautoparts.com.
DG to hire
Dollar General has announced that it is planning to hire as many as 20,000 new employees this spring.
The company plans to hold in-person and virtual hiring events beginning Monday to help fill positions in stores, distribution, transportation and operations. A list of events is available at dollargeneral.com/careers.
Comcast introduces
Comcast has launched a new 5G unlimited data option through its Xfinity Moblie service.
The new data option is available to new and existing customers.
Mary Meeker was 21st overall and the top-ranked woman on the 2021 Midas List that was released this week.
The Midas List, which has been published for 20 years, ranks the world’s top 100 tech investors. It is produced by Forbes magazine in partnership with TruBridge Capital Partners.
Meeker, a Portland native and Jay County High School graduate, is a general partner at BOND Capital. The Midas List included Instacart as her “notable deal” of the year. She was ranked eighth on the 2020 list.
BOND recently raised its second fund, bringing in $2 billion in capital commitments. A Forbes piece noted the firm’s high-profile investments in Indiana education technology company Byjus and Australian design platform Canva.
While working at Kleiner Perkins, Meeker was involved in investments in Airbnb, DocuSign, LegalZoom, Peloton, Pinterest and Spotify.
Cutting scheduled
Jay County Chamber of Commerce will host a ribbon-cutting ceremony at noon Friday for Deer Park Boutique.
The boutique opened its new location at 204 N. Meridian St. in November and a ceremony was not held because of the coronavirus pandemic. The chamber will hold the ribbon-cutting next week in celebration of both the new location and the third anniversary of the opening of the business.
Swiss Village hires
Swiss Village has promoted Danielle Bryan to become its new assistant food service director.
Bryan is currently the Swiss Village healthcare activities assistant and will shift to her new position May 3. She has a bachelor’s degree in business management from International Business College and previously worked as a kitchen supervisor and event coordinator for Nine Mile Restaurant in Fort Wayne.
“I am excited to have Danielle be part of our food service staff,” said Patty Habegger, Swiss Village director of food service. “She has a great deal of experience which will be invaluable in meeting the department goals and objectives. I am confident that Danielle will be a strong asset to our team.”
Purdue selected
Purdue University announced this week that it has been chosen by Big Idea Ventures to be involved with a new fund designed to commercialize university intellectual property.
Big Idea’s new Generation Food Rural Partners is a $125 million target fund. According to a press release, the money will be used to help commercialize food technology, protein innovation and agricultural technology developed at universities.
“We are proud to join a select group of universities for this new opportunity focused on commercialization, higher education and rural economies,” said Purdue Research Foundation vice president and chief entrepreneurial officer Wade Lange in the release. “Purdue has a strong network of innovators focused on technologies to provide food and agricultural solutions.”
I&M donates
Indiana Michigan Power, via The American Electric Power Foundation, recently donated $104,000 to Second Harvest Food Bank to allow the organization to purchase two refrigerated semi trailers.
The trailers will allow the food bank to transport more food donations from businesses and organizations to those in need, including through its food tailgate events. Each trailer can haul about 30,000 pounds of food.
“We want to thank the AEP Foundation and I&M for this generous donation as we help our community members deeply impacted by this last year,” said Second Harvest president and CEO Tim Kean in a press release. “The funds help Second Harvest remain committed to ensuring healthy food is available to anyone who needs support. This grant is instrumental in enabling Second Harvest to provide increased food and resources to tens of thousands of neighbors in need.”
Ivy selects
Ivy Tech Community College has named Lorenzo Esters as the next chancellor of its Indianapolis campus.
Esters’ duties will include leadership of the college’s largest service area, including Marion, Hendricks and Boone counties. He will take over for the retiring Kathleen Lee on July 1.
“We are excited to welcome Dr. Esters to Ivy Tech,” said Ivy Tech president Sue Ellspermann in a press release. “His broad and rich experience along with his recognized leadership in higher education makes him ideal to serve our largest and most diverse campus. We have the opportunity to reach well over one million Hoosiers in the greater Indianapolis service area.”
Financing complete
Invenergy Japan, a subsidiary of Invenergy, announced last week that it has completed financing for its largest Japan-based solar project.
The company, which is planning a solar project in Jay County, completed financing for the 53-megawatt Yuzukami Solar project. It is currently under construction and is scheduled to be in operation in 2023.
“Invenergy is pleased to have completed financing for the Yuzukami Solar project, a significant milestone for us as a global leader in clean energy development and project finance,” said Invenergy vice president of finance and capital markets Brian Bortman. “This transaction not only demonstrates the strength of our financing capabilities, but also reflects Invenergy and Shinsei Bank’s shared commitment to building a sustainable future.”
Network created
Dollar Tree announced Thursday that it has created retail media network Chesapeak Media Group.
The platform is designed for brands to engage with their customers in a “personalized and ultra-targeted digital experience like never before.” It offers brands the ability to connect with shoppers in real time.
“Brands will be able to directly reach millions of families across America through a variety of digital options made possible through our newly-formed retail media network, Chesapeake Media Group, powered by Swiftly and Aki,” said Dollar Tree enterprise chief merchandising officer Richard McNeely in a press release. “We are excited to provide our CPG Brand partners with an efficient, one-stop-shop to instantly engage with their customers through an innovative, tailored approach.”
Advance invites
Advance Auto Parts will host a presentation about its updated strategic business plan at 10 a.m. April 20.
The event will include Advance president and CEO Tom Greco, executive vice president and chief financial officer Jeff Shepherd and others discussing the company’s programs on its transformation initiatives and strategic objectives. There will also be a question and answer session.
Those interested in participating in the virtual event can register at ir.advanceautoparts.com.
DG to hire
Dollar General has announced that it is planning to hire as many as 20,000 new employees this spring.
The company plans to hold in-person and virtual hiring events beginning Monday to help fill positions in stores, distribution, transportation and operations. A list of events is available at dollargeneral.com/careers.
Comcast introduces
Comcast has launched a new 5G unlimited data option through its Xfinity Moblie service.
The new data option is available to new and existing customers.
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