Indiana
Firm chosen to seek potential wrongdoing of Indiana Economic Development Corp.
INDIANAPOLIS (WISH) — An independent forensic audit of the Indiana Economic Development Corp. that Gov. Mike Braun ordered nearly a month ago will be done by Washington, D.C.-based FTI Consulting, the governor’s press secretary said Wednesday.
As WISH-TV first reported in April, the audit will examine the finances of the Indiana government’s business development arm, including its relationship with Indianapolis-based venture capital firm Elevate Ventures.
The process should take from 6 months to 12 months. The Indiana Economic Development Corp. (IEDC) will fund the audit.
A statement from the governor’s press secretary, Griffin Reid, about the hiring of FTI Consulting did not provide information on how much the audit will cost the state.
Reid’s statement, however, said that FTI Consulting, known for its expertise in conducting audits for both public and private entities, will work in cooperation with the IEDC and the Indiana Office of Inspector General.
FTI Consulting was formerly known as Forensics Technologies International. It’s been involved in the Lehman Brothers bankruptcy, the fraud investigation of financier Bernard Madoff, and the steroids probe in Major League Baseball.
The IEDC audit aims to uncover any potential wrongdoing within the state agency and its affiliated entities. Braun’s decision followed detailed reporting that raised questions about how Elevate Ventures operates and manages public funds.
The governor has previously emphasized that the audit is part of his commitment to transparency, a key aspect of his election campaign.
Elevate Ventures, created in 2011 by former Republican Gov. Mitch Daniels, manages $245 million and has invested over $189 million into more than 600 startup companies. CEO Christopher Day has stated that the firm is eager to participate in the audit to address any factual inaccuracies and misrepresentations.
Braun’s audit announcement in April coincided with a revision to the state budget that included a significant cut of 25%-30% for the IEDC, the largest reduction among state agencies.
Previous WISHTV.com reporting contributed to this story.
The Indiana Department of Environmental Management has issued an Air Quality Action Day for July 8th in Northwest Indiana.
Ozone levels are expected to be in the Unhealthy for Sensitive Groups range, also known as the “orange” level. While not everyone will notice or be effected by the conditions, and while they may not be as severe as recent wildfire smoke events, individuals with asthma, COPD, and other health issues should proceed with caution when exercising outside.
Ozone levels are expected to be in the Unhealthy for Sensitive Groups range, also known as the “orange” level. (WSBT Photo)
The affected area is all of Northwest Indiana, including the cities of: Crown Point, Gary, Hammond, Kentland, LaPorte, Michigan City, Portage, Rensselaer, Valparaiso and all other cities in the region, especially those near Lake Michigan.
Warm temperatures, mostly sunny skies, and light and varied winds coming off of Lake Michigan are expected to contribute to elevated ozone levels.
To stay up to date on issuances and quality levels in Indiana, visit SmogWatch.IN.gov.
Indiana
Indiana’s beloved Ice Cream Social returns to Monument Circle, sweetening support for youth sports
INDIANAPOLIS (WISH)— On July 16, the familiar and much-anticipated scent of fresh ice cream will once again fill the air at Monument Circle for the American Dairy Association Indiana’s 37th annual Ice Cream Social. Starting at 10 a.m., this cherished community event holds significance deeper than dessert, as it marks the second year the festivities will directly benefit Indiana Sports Corp.
Local media personalities, mascots and community leaders—dubbed the Community All-Stars—will scoop up joy alongside Indiana residents, serving ice cream sundaes across four lively tents.
For a $5 donation, attendees will savor classic sundaes crafted from Indiana’s rich dairy, complemented by bottled water available for $1. All the proceeds and tips collected journey straight to Indiana Sports Corp, fueling its ongoing mission to inspire communities statewide through sports and create life-changing opportunities for Indiana’s youth.
Behind every scoop is a story of perseverance and sustainability. The American Dairy Association Indiana is a not-for-profit organization fueled by the dedication of Indiana’s dairy farm families. Notably, 94 percent of these farms are family-owned, sustaining local traditions as well as the economy.
These farms embrace stewardship by weaving sustainable practices into their operations. Since 2007, Indiana dairy farmers have achieved remarkable environmental milestones—reducing land use by 21 percent, water consumption by 30 percent, manure production by 20 percent and greenhouse gas emissions by 19 percent.
Farmers’ respect for the land extends to growing crops specifically to nourish their cows and wisely recycling manure to fertilize those same crops, creating a sustainable agricultural loop that benefits the environment and community alike.
Brooke Williams, director of communications for ADAI, said the collaboration’s spirit reflects the organization’s core values: “The Ice Cream Social beautifully ties together our commitment to youth wellness, sustainable farming and community support.
Indiana Sports Corp’s work amplifies those values by fostering opportunities for young people through sports. We’re proud to serve a sweet treat that gives back to the communities that nurture us.”
This summer’s Ice Cream Social at Monument Circle is more than an indulgence—it’s a celebration of Indiana’s farming heritage, community spirit and shared aspirations for youth empowerment. By participating, Hoosiers not only enjoy a delicious treat but also contribute to the growth and vitality of their local sports programs, nurturing the state’s future champions both on and off the field.
Event Details:
- Date: Thursday, July 16, 2026
- Time: 10 a.m.
- Location: Monument Circle, Indianapolis
- Donations: $5 for ice cream sundae | $1 for bottled water
- Beneficiary: Indiana Sports Corp
- Featured Guest: Brooke Williams, director of communications, ADAI
About American Dairy Association Indiana Inc. American Dairy Association Indiana Inc. (ADAI) is a not-for-profit promotion, communication and nutrition education organization funded by and serving Indiana dairy farm families. ADAI champions a thriving dairy community by promoting dairy products and farming while working alongside farmers to find innovative solutions and make positive impacts on consumers and communities.
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