No incentive can make a bad deal bankable. But President Obama’s stimulus measures are spurring some promising small businesses
to begin borrowing again, despite the recession.
Polymer Technology Systems Inc., a small Indianapolis-based maker of handheld blood monitors, has gone to court to fight
a competitor more than 100 times its size: Roche Diagnostics Corp.
Smart-phone fever is heating up the climate for innovation in the local tech community, as firms new and old try to cash
in on the demand for applications that can be used on the iPhone, BlackBerry and other gadgets from the likes of Palm and
Google.
The seven-person production house led by Bruce White counts IUPUI and Rolls-Royce North America among its clients.
A startup that makes mobile laboratory and manufacturing facilities will locate its headquarters, design and manufacturing
operations in Brownsburg, creating at least 50 jobs by 2013.
Greenwood-based Zimmerman Biotechnologies LLC hopes to become the first company in the United States to make generic insulin,
a long-awaited development in diabetes treatment. The Greenwood Common Council on Feb. 1 will consider an $8.4 million deal
that would finance construction of an insulin factory, as well as help Zimmerman with FDA-approval and equipment expenses.
The east-side Indianapolis kitchen and bathroom remodeling shop is attempting to succeed as a solo operation following longtime
employee Allen Weisenburger’s decision to buy the operation rather than let it close.
Businesses say the money they must pay to provide customers the convenience to use plastic adds up. For example, Ricker Oil
Co. paid a whopping $3.9 million in 2009, according President Jay Ricker.
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to
block automakers from preying on termination fears to wrest concessions from surviving dealers.
Stephanie DeKemper believes everything in her adult life has prepared her to run SynCare LLC. She’s so
sure that she’s buying the company.
An upstart audio products company with offices at Purdue Research Park at AmeriPlex has brought in big guns to launch sales.
AthenaPowerLink selects Carmel firm Mitsch Design as the first woman-owned business it will assist locally.
Employing relatives or pals can be a godsend or a nightmare for small firms. And anecdotal evidence suggests it could be even
rougher on women business owners than it is on men.
Jim Pearson knows a thing or two about raising money from venture capitalists. And he has some advice for BioCrossroads:
Teach entrepreneurs the value of money.
Franklin is home to one of the
nation’s foremost sellers of antique car components, but co-owners Fred Bruner and Max
Merritt fear the ride might be slowing.
As the year winds down, it is a great time to think about your marketing plan and budget for 2010. For small-business owners,
this is particularly important, because we do not have the marketing budgets of large firms.
Candy store on north side of Indianapolis changes hands, but new owner Cassandra Schuchman keeps chocolate recipe intact.
The shop has stores at North Willow Mall and River Crossing.
Hidden Toilet Paper, a small business in Fishers, patented a device that installs toilet-paper rolls into walls, keeping paper
safe from pets and children.
SBA loan approvals above $100,000 for the Indianapolis area for November 2009
Indianapolis regulatory compliance consultant Safis Solutions snares contracts with Eli Lilly, other big clients. CEO Ping
Poulsen has built company to 20 employees.
