The Indianapolis-based venture studio High Alpha has created a new business line called High Alpha Innovations to bring its startup spinup approach to big business.

So far the firm has managed to sign on clients like the financial services firm, Silicon Valley Bank, the industrial manufacturer, Cummins, and the security hardware and services company, Allegion.

Founded by the management team behind ExactTarget, the High Alpha studio shows how new technology ecosystems can emerge when successful founders reinvest in their local technology ecosystems. The venture studio alone has managed to spin up 24 new companies which have either been publicly announced or are still in stealth mode, according to Elliott Parker, who joined High Alpha as Managing Director of Business Design and Corporate Innovation in May

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