What's the Difference Between Techpoint and the Techpoint Foundation?

Tuesday, June 21, 2011 by
If you're familiar with the Techpoint Foundation you're probably also aware of Techpoint. As the prominent trade organization that aims to accelerate the technology sector, Techpoint has become a major player in the Indianapolis technology community. Since the Techpoint Foundation shares a name with Techpoint it's logical to think that the two are related. However, Techpoint and the Techpoint Foundation are two completely separate organizations with two very different missions. Hopefully this post can help clear up any misconception.

Here at the Techpoint Foundation we've heard several different interpretations of our relationship with Techpoint from our supporters. Some believe that the Techpoint Foundation is the "philanthropic arm" of Techpoint, or that Techpoint is the parent organization of the Techpoint Foundation. Others believe that we're two different divisions of the same organization. The reality is that the two organizations work together on certain initiatives, but it's two separate organizations with separate fundraising efforts and separate missions.

What is Techpoint?
Techpoint is Indiana's initiative for the technology sector as it promotes entrepreneurship and accelerates growth of technology-based companies. The main focus is to improve the current economy, and to make it advantageous for technology companies to do business in Indiana. Techpoint puts on events like the annual Mira Awards that display the best new Indiana companies each year. Techpoint also is behind the Measured Marketing initiative that is positioning Indianapolis as the top place in the nation for firms that provide technology based maketing tools to other businesses. Techpoint is part of the CICP (Central Indiana Corporate Partnership)

What is the Techpoint Foundation?
While Techpoint is focused on the current economy, Techpoint Foundation is looking to the future to develop Indiana's youth. We're focused on identifying organizations that have the potential to make a big impact on Indiana's youth and then investing money, guidance, and manpower into those organizations to amplify their impact. One way to think of it is that we're a "venture philanthropy" organization. We invest resources in programs that assist Indiana’s underserved youth develop critical 21st Century skills in the areas of science, technology, engineering and math. Techpoint Foundation is part of CICF (Central Indiana Community Foundation).

Hopefully that gives you a little better understanding of two outstanding organizations that are working to make Indiana a great place for technology innovation now and for years to come.

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