8/12/26 PM UPDATE: 16 Tech launches Traction program for entrepreneurs; Samsung SDI buys GM's take in New Carlisle battery plant

Inside INdiana Business Radio for the afternoon of August 12, 2026. 16 Tech in Indianapolis has launched Traction, a new program to help entrepreneurs move from the idea stage to developing a prototype for their business. South Korea-based Samsung SDI has acquired General Motors' stake in the joint venture behind the $3.5 billion battery manufacturing plant in New Carlisle. Officials in northern Indiana led higher education representatives on a tour of local industries to foster ideas on connecting education with industry. Plus, Hallador Energy Co. moving forward on plans for a natural gas generation project in Sullivan County. Get the latest business news from throughout the state at InsideINdianaBusiness.com.