Indiana SBA lending drops in 2012, but still exceeds 2010
Indiana businesses borrowed $424.7 million through U.S. Small Business Administration programs in 2012, an 18-percent decline from 2011, latest SBA statistics show.
Small Business
Articles
How 3 real estate entrepreneurs expanded during slowdown
Aasif Bade of Ambrose Property Group, Tadd Miller of Milhaus Development and Joe Whitsett of The Whitsett Group saw opportunity as many rivals retrenched.
East-side biz incubator’s new owner is old owner
The Indianapolis Enterprise Center on the near-east side has been acquired by a local investor group led by the former owner of the troubled business incubator.
Slinky maker hoping to purchase bankrupt Fundex
Plainfield-based Fundex Games Ltd., which filed for bankruptcy protection in September, said Poof-Slinky Inc. is the only potential purchaser that has shown interest in acquiring the company’s assets.
WOJTOWICZ: Is small-business ownership for you?
The horror stories are sobering: Dun & Bradstreet reported earlier this year that businesses with fewer than 20 employees have only a 37 percent chance of surviving four years and just 9 percent will be around 10 years.
VC funds hope to help early-stage life sciences firms
Early-stage venture capital has been harder and harder to come by for life sciences companies in recent years, but two Indianapolis investors are working to raise sizable funds to help fill the gap.
Record number of companies grow Indiana operations
The Indiana Economic Development Corp. said 220 businesses have expanded or started here, and the number could grow before the end of the year.
What’s New: MaxTradein
Meet Justin Bates and Peyman Rashid, who founded MaxTradein last fall and hope to have the online used-car marketplace operating in 30 markets within six months.
Small stores vie for slice of holiday-shopping pie
National retailers are licking their chops over the $586 billion consumers are expected to spend during the holiday season, and small-business owners also are bellying up to the buffet.
Ready, set, shop!
Before you blow the holiday budget on Midnight Madness deals and Tryptophan Thursday specials, independent shop owners want to make sure you know about Small Business Saturday.
Developers of smartphone app win Startup Weekend
Recoverator helps users catalog belongings and generate professional loss reports for insurance agents and law enforcement.
Diagnotes takes top prize in health care challenge
Diagnotes LLC’s On Call software, which delivers patient medical records to smartphones of an on-call doctor, won the inaugural Hoosier Healthcare Innovation Challenge.
ExactTarget co-founder Baggott turns zeal to natural farming
Chris Baggott has spent the past year and a half raising cattle, pigs and chickens on pasture, rather than conventional feed grain, and without the use of hormones or antibiotics.
Executives backing push to launch pro soccer team
A group of Indianapolis business executives is laying the groundwork to launch a professional soccer team here in 2014. Members of the group won’t identify themselves, but this month they launched a website—indyprosoccer.com—seeking season-ticket commitments.
Green BEAN Delivery expands with second farm
The locally based purveyor of organic produce is leasing 50 acres in Ohio to serve its customers in that state, Indiana and Kentucky.
Yats founders prepare to franchise chain across Midwest
Yats founders Joe and Regina Vuskovich decided earlier this year to grow their restaurant through franchising. Broad Ripple resident John Sutton and his sister Brittany Franken jumped at the opportunity.
Local chain takes vacant Clearwater restaurant spot
Zionsville-based Oobatz! will open in building formerly occupied by Uno Chicago Grill.
TechPoint picks young entrepreneur as new leader
Leaders for TechPoint, the statewide technology business initiative, have tapped a new president who they think is a veritable poster child for successful entrepreneurship.
Entrepreneurs square off during Startup Weekend
The eighth Startup Weekend in Indianapolis begins Friday, when dozens of potential business owners pit their plans against each other in the fast-paced event spanning three days.