King Ribs keeps it in the family
Sherry and David Williams, both in their 50s, work seven days a week to keep their two restaurants and a catering business running.
Small Business
Articles
IU preps new VC fund amid agency revamp
The school plans to unveil a new venture capital fund this summer under the purview of the Indiana University Research and Technology Corp., which was overhauled to better address startup needs.
45 Indiana taxes, fees increased during legislative session
The increases affect everything from notary services to teacher background checks to fuel prices, such as a 10 cents-per-gallon gasoline tax increase starting July 1.
Fletcher Place distillery grows beyond original expectations
Four law school grads and a businessman took a flyer on founding Hotel Tango Artisan Distillery in 2014. Its spirits now are sold in five states and soon will be in U.S. Navy commissaries throughout the country.
Former Double 8 warehouse offering co-working space for tradespeople
Refinery 46 is targeting plumbers, electricians and other contractors in a twist on the growing trend of shared work spaces.
Geotechnical engineering firm scooped up by Kansas consulting company
Indianapolis-based Earth Exploration Inc. has worked with transportation agencies in Indiana, Kentucky and Illinois. It will retain all of its employees as it joins a firm with more than 4,000.
Indy entrepreneurs to launch Airbnb for event venues
The online marketplace, slated to launch in August, aims to connect venue owners and seekers. It’s led by two minority entrepreneurs.
Angie’s List axes 70 Indy positions in latest round of layoffs
The job cuts, which happened Thursday, are part of the company’s focus on “continued operational effectiveness,” a spokeswoman said.
Small business hiring picking up momentum, report says
Small businesses kicked up their job creation in May, adding 83,000 jobs in a sign that they're willing to take more risks, payroll provider ADP said Thursday.
Racing spinoffs feed local economy
Several businesses launched by entrepreneurs who honed their skills in the racing arena are in high-gear growth mode.
Indy slides, Indiana inches up in annual startup survey
Indianapolis fell closer to the bottom in Kauffman’s annual startup survey, but the state moved up one spot.
Speak Easy targets artists with Tube Factory venture
The not-for-profit co-working organization is using a new grant to fund “Arts and Entrepreneurship” programming, and it’s opening an outpost at the arts-focused Tube Factory.
DeveloperTown has success helping larger firms innovate
DeveloperTown has been growing revenue about 40 percent annually over the past five years, a rate that far exceeds what leaders expected when they founded the company in 2010.
Investors willing to bet on Angie’s List-HomeAdvisor combo as stock surges
A week after the announced acquisition of Angie's List, its shares are trading 38 percent above the offer price—signaling optimism about the forthcoming public company combining Angie's List and HomeAdvisor.
Label maker DuraMark sees ‘immense’ growth prospects
The company says it patented all-digital production process allows it to produce labels faster, cheaper and in smaller quantities than by the traditional screen printing method.
BEHIND THE NEWS: Reading the tea leaves after Angie’s List sale
No one knows how the $505 million sale of Angie’s List Inc. to New York media and internet company IAC will affect local employment, but the buyer doesn’t seem interested in slash and burn.
Life sciences firms see some fundraising success but need massive sums
Around Indiana, life sciences companies are searching high and low for venture capital to fund promising but expensive new products, which can take a decade or longer to develop.
Local wiener eatery hawking franchises for convenience stores
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.
Hope floats: North-side plumbing firm rehabbing building for HQ move
Hope Plumbing expects to sink $1 million into the project about a block from its current home to accommodate its growth. It’s seeking a tax abatement from the city to help offset costs.
Former Ivy Tech, ITT execs form firm
Former Ivy Tech Community College President Tom Snyder and at least four former ITT Educational Services officials have banded together to start an education-services company.