Storied racetrack revved for a restart under new owner
Kevin Garrigus bought the Speedrome in November with the goal of revitalizing the historic east-side short track. He’s already put $500,000 into upgrades—with more on the way.
Entrepreneurship
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E-commerce service firm ready for next step
Viral Launch is going viral, at least as measured by its fast-growing client roster.
Don Brown leads $2M funding round in Carmel tech firm
Lumavate sells software to manufacturers so they can give their customers relevant information about products when they need it.
Brackets For Good expands across nation after raising nearly $3M for charities
Since 2012, Indianapolis not-for-profits have been participating in their own version of the annual NCAA college basketball tournament and have raised more than $1.5 million.
Indy Fuel owners ready to take shot at new ice venues
Father-and-son duo Jim and Sean Hallett launched a minor-league hockey team—the Indy Fuel—in 2013, but the enterprise has expanded far beyond just an ECHL franchise.
Purdue-based firm could change radiation treatments
Purdue University Professor You-Yeon Won’s development, called radio-luminescent nanoparticles, is designed to enhance the cancer-cell-killing effects of radiation treatment.
Langellier: Many tech firms would be better off here
TechPoint CEO Mike Langellier spoke with IBJ about his group’s evolution, his interest in the internet of things, and why elected officials are increasingly paying attention to tech.
Short-term leases help small firms grow
Certain companies don’t like committing to the usual five-year-or-longer leases, because they’re not comfortable predicting how much space they’ll need that far in the future.
Small business owners have post-election surge in confidence
Just over half the owners surveyed said they believed actions by the administration of Republican President-elect Donald Trump and Congress will make their companies better off.
Entrepreneur Don Brown launches new biotech company
Indianapolis-based tech entrepreneur Don Brown just ended his 22-year tenure with Interactive Intelligence Group, the company he sold for $1.4 billion only a week ago, but he’s already heavily involved in another venture.
Trucking executive’s latest drive: youth sports
Perkins Global Logistics executive Andy Card and a business partner have opened a multi-sport, youth-sports facility in Westfield and hope to spread the concept to about 16 other communities.
Entrepreneur rents special-occasion children’s clothing online
Emma Hostetter’s business generated $100,000 in revenue in its first year—without an actual website. She has one now, and it’s about to get an e-commerce component.
‘Gig’ economy heats up in Indy
A swelling throng of Indianapolis workers is part of the so-called “gig-economy,” which denotes the matchmaking between independent contractors and consumers over technology platforms.
The Interview Issue: Kate Bova Drury
Kate Bova Drury started out as a boutique owner in Broad Ripple before making the change to baking. Now, she’s got five cupcake bakeries, one location for doughnuts and one combo store.
Zooom lets high schools, colleges train refs like pros
The Zionsville-based company has created a platform that lets schools upload video that can be used to train and critique officiating.
Broad Ripple Chip Co. thinking big
The manufacturer of gourmet potato chips is branching out across Indiana and into Ohio to introduce its original and sweet and spicy flavors to a broader audience.
Digital marketer turning heads with rapid rise
At age 25, Patrick Sells is founder and CEO of a namesake company that has become one of the city’s biggest and fastest-growing digital marketing firms.
Crowdfunding rules for smaller investors foil firms
New federal rules designed to make it easier for small investors to use crowdfunding have hardly gotten traction in Indiana.
Holy Cross becomes salvage hotbed with four shops within walking distance
A salvage hub of sorts is taking shape on the near-east side now that another antique shop with a familiar name has opened in the area.
Builder bets on West Clay retail area
A developer is poised to tackle the remaining vacant commercial property in the heart of Carmel’s Village of West Clay.