Getting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.
Record sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences LLC in its new fiscal year.
BidPal picked up two awards at TechPoint’s annual event, which drew 1,000 to the JW Marriott downtown Saturday night.
Members of the management team are in negotiations to buy the West Lafayette-based furniture maker, which recently moved to delist from the New York Stock Exchange.
Grand Design RV in Middlebury on Thursday said it plans to locate its headquarters and manufacturing operations in the Elkhart County town about 30 miles east of South Bend.
The pharmaceutical firm has $400 million in projects in the works for its facilities south of downtown. City officials have advanced its request for tax breaks to a public hearing and final consideration May 1.
Fuji Heavy Industries Ltd., the Japanese maker of Subaru cars, intends to end a shortage of its vehicles at U.S. dealerships soon by expanding capacity at its Lafayette plant.
The Big Red II supercomputer is capable of operating at a peak rate of 1,000 trillion calculations per second, 25 times faster than the university's original Big Red supercomputer.
The Indianapolis-based transmissions manufacturer said its profit would be hurt by a steep drop in revenue in the first quarter.
A couple of fledgling entrepreneurs hope to tap into the increasing popularity of local microbreweries—not by starting one but by supplying them with a key flavoring ingredient integral to making beer.
The Indiana University School of Medicine has launched 12 companies in the past 18 months—a burst of startup activity the school has never seen before.
The board of directors of Chromcraft Revington Inc., a West Lafayette-based designer and manufacturer of furniture, has decided to pull its shares from the New York Stock Exchange.
Carmel-based Strategic Marketing & Research Inc. is among firms tapping the capabilities of video-enabled smartphones to gain insights into consumers’ thoughts and emotions. They’re doing this by having consumers use their phones to shoot a video diary of their product experiences.
In Indiana, GM plans to spend $29.4 million for a metal castings plant in Bedford to make parts for small engines and for the new eight-speed and existing six-speed automatic transmissions.
Two resolutions, including one that passed the House on Tuesday, aim to attract gun manufacturers to Indiana by touting the state’s tax climate and gun-rights laws.
A central Indiana company that makes glass bottles and jars is urging state lawmakers to pass legislation requiring refundable deposits on beverages sold in recyclable bottles and cans.
The materials-testing business with nearly 300 employees has been acquired by Element Materials Technology. Sherry had been owned by a group of well-connected central Indiana businessmen.
A company that had hoped to open a high-tech police car plant employing as many as 1,500 workers in eastern Indiana has cleared out its plant amid the resignation of a key official.
A company founded more than 50 years ago as Al Pete Meats is closing its doors, ending 87 jobs.
The biggest changes from President Obama’s 2010 health reform law take effect nine months from now, so many Hoosier employers have started crunching detailed numbers to cost out their options.
