Purdue, Cook create $12M fund for life-science startups
The Foundry Investment Fund will join with other investors to provide funding for companies that use Purdue-licensed technology or expertise in human and animal health and plant sciences.
Startup
Articles
New shooting range draws crowd in Hamilton County; another in the works
The northern-suburb county should have two shooting ranges operating by the end of this year; owners of both business say Hamilton County is a ripe market.
After 9-year hiatus, Caplinger family opens new fish market
Veteran seafood operators Nick and Andrew Caplinger opened a shop in December at East 75th Street and Shadeland Avenue that boasts a wide variety of fresh fish.
Upswing causing slowdown in startups
The number of newly formed Indiana companies slumped in 2013, the first such dip since the recession, but the small drop could actually be a positive sign for the economy. Established companies have more job openings than a few years ago, meaning workers have less incentive to start their own businesses, as thousands did when the economy tumbled.
Young CEO has big plans for employee-training software firm
Upstart Lesson.ly, an Indy-based developer of training software, is run by a 25-year-old and is trying to cut into a $42 billion market dominated by titans such as IBM and Oracle.
Investors pour $5 million into beer technology firm
Carmel-based SteadyServ Technologies expects to roll out its keg-sensor system early next year and trigger an aggressive hiring phase.
Technology on track to dramatically change health care
Cost pressures are forcing health care providers to extend the reach of limited resources.
RV exec seeking new start in Indy
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
New gadget revives waterlogged cellphones
Joel Trusty realized that if he could remove all the atmospheric pressure from a chamber, he could turn liquid—even liquid inside a cell phone—into a gas at a much lower temperature than otherwise possible.
Pedal pubs are latest hit in a beer-loving city
Booze and bicycling—in the most unconventional sense—is the thrust behind The Handle Bar, a local startup operated by Steve Lindsay and his brother Brian.
Angel-investing event may bolster startups
An emerging network of angel investors from around the state will team with Indiana University next month on a workshop that will put them in the same room with entrepreneurs who’d like their backing.
Life sciences venture capital dips again
Venture capital surged in the first half of 2012, to $51.6 million in Indiana. But the pace of activity here fell off sharply in the second half of last year, and remained sluggish into 2013.
Tech showcase crowns unlikely winner in pitch contest
Emphymab Biotech, with a treatment for emphysema developed by a group of Indiana University medical professors, received the top prize at the Innovation Showcase on Thursday.
Health tech startup aiming for fences
Flying under the radar for much of its existence, local health tech startup hc1.com Inc. now thinks it’s ready to soar. The company, spun out last year from Zionsville-based Bostech Corp., is on pace to generate annual revenue of $10 million by year’s end. And it thinks business could triple next year.
LeadJen President Vance launches social network
Technology industry up-and-comer Jenny Vance, at age 35, has achieved the rank of “serial entrepreneur” with the launch of her third business, PlanSoon.
Indiana office to promote startups, small business
Gov. Mike Pence has created the Indiana Office of Small Business and Entrepreneurship that he says will focus on consulting, specialty programming, and integrating universities, private businesses and government agencies.
Former Indy Chamber prez scores consulting work
Scott Miller, who resigned from the chamber post after less than two years to follow his entrepreneurial bent, will help two local startups get off the ground.
Indy startup serves up keg beer with big data
SteadyServ Technologies has raised $1.5 million to help develop iKeg, which tells bar managers and beer distributors when they need to reorder.
Indy startup sees green in cheaper 3D printing
Launched in January, 3D Parts Manufacturing joined a recent surge in rapid prototyping and additive manufacturing operations known as 3D printers. Rather than screwing and gluing parts together, operators plug digital designs into machines that shape plastic and metal powders from the bottom up, one microscopic level at a time.
Entrepreneurs vie for invites to reality TV summer camp
Twelve lucky entrepreneurs chosen from hundreds of applicants will spend two months this summer in a luxury facility working on bringing new business ideas to market.