NEXT Studios, Indiana’s newest venture studio and corporate innovation partner, announced a partnership to become the first venture studio located in the 16 Tech Innovation District  in downtown Indianapolis.

“As Indiana’s newest and most exciting technology center, it’s natural that Indiana’s newest venture studio would choose to call 16 Tech home,” said John McDonald, managing entrepreneur of NEXT Studios. “We look forward to partnering with 16 Tech and 1776 in creating programs and experiences for our corporate innovation partners and portfolio startup companies alike to meet, make and innovate.”

Founded by four Indiana entrepreneurs with extensive experience in technology, NEXT Studios operates from co-working spaces across Indiana. The Studio will enable visionaries from around the state to develop their ideas and fuel them with talent and capital in their own local communities. NEXT Studios’ home base for statewide Studio operations will be located in the incubator space managed by 1776 and located at HqO, the innovation hub in the heart of the 16 Tech Innovation District.

“We are thrilled that the NEXT Studios team has decided to be part of HqO, 16 Tech’s innovation hub,” said Bob Coy, president and CEO of the 16 Tech Community Corporation. “Their experience and repeatable process will add an incredibly powerful engine to the creation of new startups and corporate innovation in the 16 Tech Innovation District.”

As a Benefits (B) Corporation, the Studio will use a portion of the proceeds from operations to reduce or eliminate Studio costs for startup companies. NEXT Studios will open its office at the same time as the opening of the HqO, slated for early 2021.

To learn more about NEXT Studios, visit the website at next-studios.org or contact Shelley Klingerman, managing entrepreneur, at shelley@next-studios.org.