Community centers land funds to expand job-training programs
Local Initiatives Support Corp. and the Citi Foundation are providing $700,000 to four local organizations who plan to help 700 workers in Indianapolis find quality jobs.
Small Business
Articles
Venture firm invests $8.3M in local startup with fat-replacement product
Indianapolis-based Epogee LLC has developed a fat substitute to reduce the calories in sweets and other comfort foods. The new investment will allow the firm to scale up.
IU fuels startups with new program to help faculty, staff with business ideas
Indiana University has launched a support program at all its campuses that school officials hope will lead to an onslaught of startups coming out of the school.
Small firms put out for-sale signs
In central Indiana and nationwide, a number of small companies are changing hands right now—and for a variety of reasons. Among them: a strong economy, plentiful buyers and an aging population of owners who are eyeing retirement.
Not-for-profit for visually impaired names blind CEO
Jeffrey Mittman served for 21 years in the U.S. Army, including several combat tours. He was blinded in 2005 when the vehicle he was driving in Iraq was hit by an improvised explosive device.
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.
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.
Q&A: ‘Heart mission’ is growing business
For the past seven years, Darla Hall has been in the business of making sports-themed coloring and activity books and storybooks for children, as well as coloring books for adults.
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.
Startup Woven removes resume from hiring process
Woven bills itself as a software company that helps high-growth engineering teams hit ambitious hiring goals. And it recently hit one of its own: closing on its first round of funding.
Fast-growing DoubleMap, maker of transit software, merges with Utah company
The Indianapolis company, formed in 2009, makes apps that allow users to track buses in real time and hail rides on demand. It is merging with Ride Systems LLC to gain more users and build market share.
Indy tech firm Encamp grows by making environmental compliance easier
When Goshen native Luke Jacobs, an environmental scientist and self-taught techie, developed software to streamline his job, he got a tepid response from his employer. Displeased, he tapped his brainiac brother and equally smart Indiana University classmate to start their own firm.
Denison Parking acquires boutique valet firm in effort to expand business line
Purchase of SOPHI Global gives Denison a new subsidiary and adds Lucas Oil Estate and numerous downtown destinations to its valet holdings.
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.
Indianapolis-based Contour Hardening has new leader, huge growth plans
The small manufacturer in the niche metal heat-treating industry has a new CEO, a new outlook and plans to more than triple annual revenue in five years.
Circle City Industrial Complex lands big loan for updates
The old industrial building, which has about 130 tenants, has been in redevelopment mode since 2015.
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.