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ITIA Board Chair, CEO of First Internet Bank David Becker Appointed to Next Level Indiana Fund Investment Board

July 18, 2022 1:45 PM | Anonymous member (Administrator)

Indianapolis, IN Indiana Technology & Innovation Association (ITIA) Board Chair David Becker, Chairman and CEO of Fishers-based First Internet Bank, has been appointed to serve on the Next Level Indiana Fund Investment Board.

The Next Level Indiana Fund was created by the Indiana Legislature in 2017 to make investments in Indiana venture capital funds and Indiana companies using $250 million of allocated state funding.

Becker was appointed to the Next Level Indiana Fund Board by Speaker of the Indiana House of Representatives Todd Huston, following a new law passed during the 2022 legislative session that added additional appointments to the Board.

“The Next Level Indiana Fund is a critical economic development resource to attract more venture capital to Indiana, support the creation of new Indiana venture capital funds and accelerate growth of Indiana-based, innovation-driven companies,” Becker said. “I look forward to joining the Board and supporting the goals of the Fund to fuel Indiana’s tech and innovation industry.”

During this year's legislative session, ITIA supported legislation to expand the Next Level Indiana Fund Investment Board by adding two voting members with direct experience and knowledge in venture capital investment appointed by the Speaker of the House and the Senate President Pro Tempore. These additional appointments became law as part of Senate Enrolled Act 361.

Becker founded and serves as Chairman and CEO of First Internet Bancorp’s subsidiary, First Internet Bank, which opened for business in 1999 as an industry

pioneer in the branchless delivery of banking services. He has a 40-year career of creating successful entrepreneurial companies in financial services technology (“fintech”) and software-as-a-service (“SaaS), having created and sold five Inc. 500 companies.

Becker is also a founding member and the current Board Chair of the Indiana Technology & Innovation Association (ITIA), the statewide group of technology and innovation-driven companies and partners that seeks to elevate the role the tech community plays in shaping Indiana public policy.

“David Becker is a pioneer of Indiana’s technology industry with vast knowledge and experience in venture capital investing, both as a founder of multiple companies and as an investor,” said Jennifer Hallowell, ITIA Executive Director. David is supremely positioned to serve in this capacity and help guide Next Level Indiana Fund activity to generate the greatest impact for our state and Indiana’s tech industry.”

Becker also serves on the Board of TechPoint, Central Indiana Community Foundation (CICF) and Central Indiana Corporate Partnership (CICP).

For more information about the Indiana Technology & Innovation Association (ITIA), visit www.IndianaTechnology.org.

Indiana technology speaks for itself.



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