Non-industrial users have little clout on electricity prices
Manufacturers and other big users band together to lobby, but the vast majority of businesses have no collective ability to drive down their electricity costs.
Small Business
Articles
Carmel click-bait giant ZergNet nabs $3.2M in private equity
The Internet company that claims Dallas Mavericks owner and “Shark Tank” dealmaker Mark Cuban as its seed funder has added more financial backers.
Up-and-coming app elbows way into noisy music field
West Lafayette-based Caktus Music Inc. has developed a smartphone application that allows access to music content from multiple sources, including streaming services and personal music libraries, all integrated into one place.
Green BEAN Delivery expands to Kokomo
Indianapolis-based Grean BEAN Delivery will serve Kokomo through a partnership with Delphi Electronics and Safety.
Online retailer helps mom-and-pop running-shoe stores compete
To address a troubling trend he noticed while operating running retailer Blue Mile, Bob Kennedy launched Indianapolis-based eRun Solutions LLC to help the mom-and-pops of the running world go toe-to-toe with their larger retail rivals.
Locally based Wine & Canvas grows to 48 locations nationwide
The husband-and-wife-owned Wine & Canvas has grown from two to 347 employees in just four years with profitability increasing at a double-digit clip, 48 locations coast to coast and plans for international expansion.
Investments pick up in Holy Cross neighborhood
Decades-old barriers to development are beginning to fall in Holy Cross, attracting more residential and commercial construction.
Chamber steps up microloan ambitions
A division of the Indy Chamber is applying to become a U.S. Small Business Administration-affiliated microlender, a move aimed at boosting its available capital and expanding its territory in a wide-open frontier of finance.
Museum keeps historic trains rolling through central Indiana
Founded in 1960, the Indiana Transportation Museum has been working for decades to preserve the Nickel Plate Railroad’s legacy by offering guests what it calls “moving experiences”—literally.
UPDATE: Angie’s shares fall 18 percent after Wall Street miss
Angie's List Inc. continued to lose money in the third quarter and failed to meet Wall Street expectations. However, the loss was smaller than a year ago, and revenue jumped 24 percent.
Fishers tech startup lands $1 million in seed capital
A Fishers-based tech startup in the home-services industry said Tuesday that it has raised $1.03 million in venture capital, including seed funding from a pair of well-known Indiana investment groups.
Angie’s List $40M investment brightens outlook for blighted area
Some real estate experts wonder whether the area’s revival relies too much on Angie’s List.
MORALEZ: Hoosier angel investment needs further shots in arm
When I started my first company, Bio-Storage Technologies, back in 2002, raising angel capital was time-consuming and inefficient, and the results were mixed at best.
Cutillo ramrods entrepreneurship at Stonegate
Jim Cutillo, co-founder of the fast-growing mortgage company, pushes with military intensity.
Angie’s List plans big expansion with $25M in public help
The struggling consumer-review firm plans to spend some $40 million to expand its headquarters campus on the east side of downtown and create 1,000 jobs with the help of more than $25 million in state and city incentives.
Springer picked to head small business operation
Indiana's Office of Small Business Entrepreneurship has picked a new director for its efforts to provide contracts to small businesses.
Breweries test limits of craft beer boom
In the last two years, the number of microbreweries operating in Indiana has roughly doubled, to 96. But can the industry sustain such blistering growth, especially in Indianapolis, where much of the activity is occurring, without foaming over?
Lawyers branch out as business execs, entrepreneurs
Sometimes attorneys aren’t completely satisfied with their high-pressure day jobs. Many start unrelated businesses like bakeries, vineyards, breweries and clothiers as an escape, or even a new career.
UPDATE: Angie’s suitors could include Amazon, Yelp, IAC
Amazon has been developing its own local services marketplace. Yelp is the leading consumer-review service in the retail space. Website Holding company IAC, meanwhile, has a big stash of cash and owns competitor HomeAdvisor.com.
The Interview Issue: Denver Hutt
The executive director of a co-working space for entrepreneurs is particularly motivated to leave an impact.