Small businesses still feeling federal shutdown hangover
According to the Congressional Budget Office, the five-week closure cost the economy $11 billion, and $18 billion in federal spending was delayed.
Entrepreneurship
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Fishers IoT Lab nearly maxed out in less than a year
The Indiana IoT Lab in Fishers has fast become an oasis for tech firms big and small, as well as freelancers helping companies turn their ideas about internet-connected devices into products.
Mentor program seeks to boost Hispanic-owned businesses
The soaring Hispanic population can be a powerful engine for growth in the Indiana economy—potential that some of the state’s best-known businesses are embracing.
Out-of-state firms are sweeping up Indiana’s tech startups. Is that a good thing?
Experts are mixed on whether the buyout barrage is cause for concern or validation of success.
Daniel Jones, like his famous father, isn’t afraid to sling stones at giants
He thinks his ride-share company, Bloomington-based Nomad Rides, has a unique business model that can carve out market share from goliaths Uber and Lyft.
Tech veteran Qualls leaves Eleven Fifty Academy to launch Purpose.ly
The startup, which has been operating under the radar for several months, aims to connect companies and workers who share a common mission or purpose.
Elevate Ventures makes 3-year investment commitment to Bloomington, Columbus
Elevate Ventures, Bloomington-based incubator The Mill and the Columbus Area Chamber of Commerce on Thursday announced they have entered a three-year agreement to invest $2.5 million to bolster the entrepreneurial ecosystems in Bartholomew, Brown and Monroe counties.
Restless retiree rebuilds storied speaker brand
In the little less than two years since Dave Kelley bought KLH, the company has developed more than a dozen new audio products.
Entrepreneur finds financial success with deep-tissue therapy
Entrepreneur Michael Arnolt teamed with an inventor more than 20 years ago to launch an enterprise that has sold thousands of steel therapy instruments and trained thousands of clinicians.
High Alpha raises $14 million to launch latest tech company
The software-as-a-service company, launched Wednesday, will be led by well-known local tech executive Scott McCorkle.
Small manufacturer’s custom scents amass sizable sales
The handmade products of Indianapolis-based Ambre Blends are racking up big sales gains nationwide among high-end clientele.
Q&A: Entrepreneur’s fitness firm off to healthy start
Since starting his own personal training business while attending Indiana University, 30-year-old Tyler Davis has helped hundreds of clients stay on top of their game. His new startup focuses on clients who travel a lot.
Home-products e-tailer offers one-stop shopping
Matt Phillips of Zionsville spent 13 years working in retail before leaving the corporate world to launch his own online retailer last year.
Carmel-based enVista helps retailers navigate e-commerce
The rise of e-commerce, technology and big data has brought big changes to the retail industry—and big opportunities for Carmel-based software and consulting company enVista LLC.
University researchers make discoveries count as entrepreneurs
A few influential “serial entrepreneurs” in Indiana universities feel an itch to turn their discoveries into products and companies, over and over again.
IBJ Podcast: Why did a hard-core philosopher start a plumbing company?
After earning a master’s degree in philosophy, Jack Hope took the next obvious step: cementing his part-time gig as a plumber into a full-time business. Hope Plumbing now expects to $6 million in annual revenue.
Naptown Thrift founder, hip-hop artist finds success by blending the two interests
Aaron Marshall has used his passion to fuel his business—and the result is Naptown Thrift, a vintage clothing store specializing in the 1980s and 1990s.
IBJ Podcast: How an IU student turned her beekeeping hobby into a star startup
Ellie Symes, CEO of The Bee Corp., talks with host Mason King about being a young entrepreneur, taking risks and pivoting when you have to to make your company stronger.
Five firms selected for tech accelerator’s fall class
Nationally ranked firm Gener8tor has announced the five participants for its gBeta Indy fall class. They range from a company automating emotion recognition for user experience researchers to a consumer app for organizing, editing, and sharing milestone baby photos.
Rosie’s Place takes cookies and more to Carmel
Debbi and Michael Bourgerie opened Rosie’s Place in Noblesville in 2010. They now also operate a second eatery with the same name in Zionsville and will open a third location in Carmel this fall.