Indiana tech entrepreneurs launch studio to boost industry transformations
Four Indiana entrepreneurs with extensive experience in technology start-ups have partnered to launch NEXT Studios. This is the Midwest’s newest venture studio, designed by entrepreneurs, for entrepreneurs.
The Indianapolis-based Studio, comprised of Joseph Cudby, Tom Kilcoyne, Shelley Klingerman and John McDonald, will help visionaries shape their ideas, craft them through a repeatable process, and move them forward with capital and talent. As a Benefits (B) Corporation, the studio will use a portion of the proceeds from operations to reduce or eliminate studio costs for start-up companies.
At the heart of the studio is a customisable, repeatable process which is designed to reduce risk for investors, encouraging them to participate in our innovation economy. For entrepreneurs, the process helps them avoid common problems and speed their innovations to market.
Shelley Klingerman
“We are amazed at the capabilities of the founders of our initial portfolio companies, and honoured they have selected us to help them craft their dreams into reality,” says Shelley Klingerman, who most recently served as executive director of Launch Terre Haute. “We are moving the needle by supporting a diverse group of founders in areas of our state that have traditionally been outside the mainstream of the technology economy.”
NEXT Studios will operate from co-working spaces across Indiana. As new innovations can come from anywhere, the Studio will enable visionaries from all parts of our State develop their ideas, and fuel them with talent and capital in their own local communities.
“The Studio helps visionaries move their ideas into products and products into companies,” said Cudby, who was most recently the chief technology officer for the State of Indiana. “Visionaries aren’t limited to start-ups, and neither is the studio; we intend to help corporations bring their innovations to market, too.”
To learn more about NEXT Studios, visit the website at or contact Shelley Klingerman, managing entrepreneur, at shelley@next-studios.org.
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