Small Business Administration to reorganize, cut about 2,700 jobs
The layoffs are part of a larger campaign by the Trump Administration to shrink the federal workforce.
Small Business
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Trump moves to gut several agencies focused on museums, libraries, Voice of America
One order signed Friday night calls for the agencies—some of which are focused on minority business enterprises, museum and library services, and homelessness prevention—to “be eliminated to the maximum extent consistent with applicable law.”
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Q&A with entrepreneur Brian Schutt on tariffs: ‘It’s just math’
“I don’t think there’s going to be a company immune to the rising tide of costs.”
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Indianapolis-based sweets company shutting down, closing north-side store
Newfangled Confections, which acquired another beloved Indianapolis brand in 2020, is closing operations in late spring, founder Carrie Abbott shared on social media Tuesday.
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The Speakeasy, longtime Indianapolis co-working spot, closing in December
The Speakeasy was a pioneer in co-working when it opened more than a dozen years ago with backing of several local entrepreneurs. Several well-known local companies got their start at the organization.
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Articles
Maven Space to close after relocation plan falls through
Indy Maven Founder Leslie Bailey said in a social media post that unspecified challenges “made it impossible to move forward” with a lease for a new co-working and social hub.
Chicago-based venture firm adds Indianapolis-based partner
Chicago-based M25, a venture firm that invests in early-stage Midwestern tech startups, has named local entrepreneur Brian Powers as its Indianapolis-based venture partner.
Nap or Nothing streetwear shop moves from Mass Ave to Fountain Square
The Nap or Nothing brand associated with T-shirts, hoodies and sweatpants was founded a decade ago by Indianapolis hip-hop artist Maxie.
Autoparts company previously owned by Gov. Mike Braun agrees to settlement in air pollution lawsuit
The Environmental Protection Agency alleged the autoparts supplier sold devices which intentionally violated the federal Clean Air Act.
Nashville distiller says Trump policies may present new opportunities
When the Trump administration announced tariffs on Feb. 1 for most Canadian, Mexican and Chinese goods, Hard Truth Distilling Co. co-owner Jeff McCabe was worried but said his Indiana whiskey producer will be fine.
Portage plastics parts maker fears trade ‘chaos’
Konrady Plastics Inc. CEO Leah Konrady says President Trump’s trade proposals are creating uncertainty.
Indiana House passes bill to create state agency supporting small businesses, entrepreneurs
House Bill 1172 has broad support from the business community, including the Indiana Chamber of Commerce and the Indiana chapter of the National Federation of Independent Business.
Growth in Indiana and beyond is blueprint for Black Orchid Barbers
The roster of Black Orchid Barbers locations stands at five in Indianapolis and Carmel, and owner Travis Moore said he’s eager to open shops elsewhere.
Trump issues executive order to suspend TikTok ban. But can it stick?
Business leaders, lawmakers, legal scholars, and influencers who make money on TikTok are watching to see how Trump tries to resolve a thicket of regulatory, legal, financial and geopolitical issues with his signature.
Q&A with Kristin Sherman: Life sciences veteran is fighting for women’s health
Kristin Sherman leads startup Kovina Therapeutics, which is still in the early stages of developing ways to stop human papillomavirus infections before cancer develops and to treat HPV cancers after detection.
Small businesses brace themselves for potentially disruptive TikTok ban
A looming TikTok ban could affect the millions of small businesses that use the short-video social media app to help them grow their business.
Small businesses say cautious shoppers are seeking ‘cozy’ and ‘festive’ this holiday season
Overall, The National Retail Federation predicts retail sales in November and December will rise between 2.5% and 3.5% compared with same period a year ago.
Adrienes Flowers & Gifts owners brightened Noblesville
Moffett and Stephen Craig are retiring this month after 35 years of operating Adrienes in a 133-year-old house at 1249 Conner St. just east of the historic courthouse square.
Purposeful Design rebuilds lives as participants build furniture
The east-side company is about to finish 2024 with more than $2.7 million in sales—up from $1.35 million four years ago. By 2026, the business expects sales to reach $3 million.
In the Amazon era, independent retailers make it personal to keep customers coming back
To compete with the e-commerce giant, independent retailers rely on something people can’t find online: in-person customer service.
GeniPhys builds momentum with wound care technology
After 10 long years, the company that has developed a collagen biomaterial to help heal tissue is readying itself for its next big steps: regulatory approval and commercial launch.
Small business owners breathe easier over labor costs after decision to strike down overtime rule
On Nov. 15, a federal judge in Texas blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S.
New coalition seeks to reduce barriers for entrepreneurs in Indiana
The coalition is a state branch of the national nonprofit Right to Start, which advocates for laws that provide tax breaks, provide procurement dollars and reduce regulations for startups and small businesses.
Sales-tech firm Kennected facing lawsuit from creditor
Ultimo Global Holdings LLC alleges that the company has defaulted on a $1 million promissory note.