Recession forces small-business owners to take second jobs
With sales slowed to a crawl, some entrepreneurs must take second jobs working for others to make ends meet.
Entrepreneurship
Articles
Recession has a domino effect on venture capital
Call it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional
investors, such as university endowments, about a quarter of their value. As a result, venture capitalists’ primary source
of funding has dried up. The implications for Hoosier entrepreneurship are stark.
‘Peanut King’ diversifies to keep 52-year-old company thriving
Richard Green Co., founded in 1957, is a mini-conglomerate of sorts, selling pretty much anything necessary for work in the food-concessions business.
Indy Power drops electric-car focus for more lucrative control boxes
After a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make power control boxes for a variety of vehicles and also industrial and military applications.
Small business banks on IT backup
BlueLock provides IT infrastructureâ??or serversâ??to companies for loading software applications, and the startup is growing at a fast rate.
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Proprietary developments withering from recession
Financing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions
have made it increasingly difficult to raise cash from investors who are content to wait
out the storm by concentrating on their existing portfolios.
How to innovate your way out of this recession
It doesn’t matter what industry you are in or how well you have prepared–we will all be affected by what has taken place
in the financial markets over the past several months.
Broad Ripple natives grow up to be neighborhood entrepreneurs
Many Broad Ripple business owners say the neighborhood is an oasis for eclectic and independent small entrepreneurial ventures.
Fast-growing Tuitive seeks to put unintuitive programmers in back seat of software, Web design
Jonathan Arnold sees big business potential in his firm “Tuitive,” which specializes in cleaning up the confusion caused by
programmers, who often put features and functionality ahead of making their product intuitive to use.
Foreign-born entrepreneurs
Midwestern cities donâ??t attract a lot of immigrants, and Indianapolis is no exception.
The weather is uncomfortable and the region has a reputation for close-mindedness â?? not the kind of place
where newcomers want to sink roots.
A recent blog…
A remarkable comment
Indiana has never been known as a hotbed of venture capital deals. That recognition has long gone to California
and Massachusetts, and the numbers fall off quickly in other states.
So a statement in this weekendâ??s IBJ was noteworthy…
Angie’s List chief builds company, rebuilds Holy Cross
For several years, Angie’s List CEO Bill Oesterle also has been quietly attempting to revitalize the near-east side.
Mass Ave shops thrive ‘in the city’
Talk to anyone about Kristin Kohn and her "In the City" ventures and you hear the same thing, over and over: Smart. Enthusiastic.
Fun. Entrepreneurial. And hardworking, especially when it comes to Massachusetts Avenue.
Businesses on MLK give revitalization another shot
The newly organized MLK Business Revitalization Association aims to bring new life to the neighborhood west of downtown by
uniting area business owners behind a common goal — cleaning up the community to attract other entrepreneurs.
3M prepares launch of Hoosier startup’s toothpaste
In January, St. Paul, Minn.-based 3M will release “Clinpro 5000,” a specialty toothpaste Indiana Nanotech developed.
Note to Hoosier entrepreneurs: Fight on!
Great leaders are not born out of good times â?? they are born out of severe challenge.
Franchises can be safer business investments in tough times
What is the current state of franchising, given the tough economic environment?
IT veteran to teach entrepreneurship class
Indiana University will offer a new course on entrepreneurship in the information technology sector at the IU School of Informatics
at IUPUI next semester.
Indiana Venture Center shutting down
The Indiana Venture Center, a local not-for-profit that mentors Hoosier entrepreneurs and startup companies, is shutting its
doors.
Sashay Modeling and Finishing School successful in first year
After a 25-year real estate career, Claudia Lynch opened a modeling/acting school after she couldn’t find a quality school
where her own grandchildren could have fun, learn poise and gain confidence.