Indianapolis Business Journal

JANUARY 3-9, 2011

This week, read about a group of young entrepreneurs that meets monthly to share war stories (and watch a video of its most recent gathering), and learn why Goodwill thrift stores are angling for more donations. Also, find some good news about the Indianapolis Indians and see what Ed Feigenbaum has to say about the upcoming legislative session.

Front PageBack to Top

Arts endowments bouncing back

The stock market’s recovery has lifted endowments that provide major support to local arts groups, but managers are keeping the conservative attitude they were forced to adopt two years ago.

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Indianapolis startup scene gains momentum

HackersFounders_WatchVideoAbout 200 members of the Hackers and Founders group meet monthly—perhaps the most clear and strong signal that Indianapolis’ young entrepreneur community is reaching a tipping point.

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Top StoriesBack to Top

Goodwill angles for donations during weak economy

The recovering, yet-still-weak economy puts charity retailer Goodwill in a sweet position. Consumer spending is up, so more old stuff makes its way to thrift stores. At the same time, high unemployment means the bargain hunters are still out in force.

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Indy Power sees big potential in grid power storage

Three-year-old Indy Power Systems’ first big sale is outside the sizzling, electric car segment. The Noblesville firm has landed a contract with Melink Corp. to supply a 50-kilowatt grid energy storage and peak-shaving system at the company’s Cincinnati headquarters.<

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Key road projects await busy INDOT

The ongoing rehab of Interstate 465 will continue to be the biggest highway project in the metro area in 2011, but the rebuilding of an 11-mile segment on the west side could be all but finished by the end of the year—just when other significant highway projects will get under way in the metro area.

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Conseco brass agree to settle 8-year-old suit for $41.5M

The suit accused CEO Gary Wendt, President Bill Shea, Chief Financial Officer Charles Chokel and Chief Accounting Officer Jim Adams of engaging in a “massive and systematic coverup of … actual debts and losses through complex accounting, misleading disclosures, and irregular accounting practices.”

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FocusBack to Top

OpinionBack to Top

MARCUS: State moves forward, with long way to go

Congratulations to Gov. Mitch Daniels and his administration on their development and implementation of the Indiana Transparency Portal. It’s a grand start to detailed information about state and local government activities.

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In BriefBack to Top

NFP of NOTE: Net Literacy

Net Literacy increases digital inclusion and digital literacy for all Americans while providing student volunteers life skills, job skills, and an opportunity to participate in service to their community.

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