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Funding
T2 Systems might tap cash hoard for acquisitions
October 6, 2012
Chris O'MalleyFast-growing T2 Systems has been biding its time since scoring a $28 million equity infusion a year ago, but the maker of
parking management software could soon be towing competitors out of its space.
MoreChaCha lands $3M investment
January 20, 2011
The Carmel-based company said the latest round of financing extends a $20 million investment it received in October to fund
an expansion of its signature mobile service.
MoreIndiana Seed Fund makes 11th investment
December 23, 2010
IBJ StaffA $250,000 investment in Aarden Pharmaceuticals will go toward advancing tuberculosis therapy through the pre-clinical development
stage.
MoreCash crunch hits Indianapolis Urban League
October 28, 2010
Kathleen McLaughlinAfter losing a key grant, Indianapolis Urban League laid off employees and failed to make three months' worth of retirement
payments into one former worker's account—something that was remedied after the worker complained to the Labor Department.
MoreEntrepreneur says quality of venture capital as important as quantity
January 2, 2010
IBJ StaffJim 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.
More$75M investment in ExactTarget may be Indianapolis record
December 5, 2009
Chris O'MalleyThe amount raised since October is in addition to the $69.9 million it received in May from three venture
firms on the coasts, in what was the third-largest venture deal in the nation during the second quarter,
according to the National Venture Capital Association.
MoreEnerDel poised to get jolt of stimulus juice
June 22, 2009
Greg AndrewsWithin weeks, EnerDel expects to receive notification that it's getting as much as $480 million in financing under a U.S.
Department of Energy program aimed at fostering advanced vehicle manufacturing.
MoreLauth granted reprieve
May 25, 2009
Cory SchoutenA judge has given Lauth Group Inc. a reprieve from an equity investor that is seeking to take control of most of the developer's
properties.
MoreIn recession, commercial brokers struggle to determine property values
May 25, 2009
Chip CutterFew commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers
who say it's becoming increasingly difficult to determine the value of properties.
MoreAngel investment group off to flying start
May 11, 2009
Scott OlsonHALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover.
MoreRecession has a domino effect on venture capital
May 11, 2009
Peter SchnitzlerCall it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional
investors, such as university endowments, about a quarter of their value. As a result, venture capitalists' primary source
of funding has dried up. The implications for Hoosier entrepreneurship are stark.
MoreLauth needs financing, real-estate recovery to emerge from bankruptcy
May 11, 2009
Cory SchoutenThe 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn't take too long to turn around, experts said.
MoreFederal stimulus trickles down
April 27, 2009
Peter SchnitzlerThere's a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get
a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider
the
stimulus warmed-over leftovers.
MoreLauth, a once-booming developer, has sliced 90 percent of work force, lost control of some properties
April 20, 2009
Cory SchoutenStruggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
MoreRecession slices into golf business; courses roll out promotions
April 13, 2009
Anthony SchoettleIndiana golf course operators are nervous about how the recession might lead to fewer golfers and lost revenue.
MoreGambling habit puts state at risk
April 6, 2009
The state's overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
MoreAnalysts lower outlooks for Allison, say transmission maker vulnerable to default
March 30, 2009
Kathleen McLaughlinLocal manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut
expenses if it's going to weather the recession.
MoreState's gambling jackpot may have reached its limit
March 30, 2009
Peter SchnitzlerHoosiers' long ride on the gambling gravy train finally may be coming to an end.
MoreInvestment losses leave Conseco searching for $400M in horrible environment to raise capital
March 16, 2009
J.K. WallWithout fresh capital â?? or loosened debt obligations â?? Carmel-based Conseco could find itself in bankruptcy or looking
for a buyer or both.
MoreMays upset with ex-owner of Pathway Productions
March 16, 2009
Anthony SchoettlePathway Productions, purveyors of some of the highest-profile documentaries to come out of the Indianapolis area in the last
decade, is on the brink of extinction.
MoreProprietary developments withering from recession
March 16, 2009
Scott OlsonFinancing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions
have made it increasingly difficult to raise cash from investors who are content to wait
out the storm by concentrating on their existing portfolios.
MoreWar did not end the Great Depression
March 2, 2009
Morton MarcusIt was not World War II that moved America out of the Great Depression.
MoreRecession, lockdown of credit hammers businesses of all sizes
December 29, 2008
Cory SchoutenStock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real
estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.
MoreNFP of NOTE: Momentive Consumer Credit Counseling Services
December 1, 2008
Momentive Consumer Credit Counseling Services work to change lives by helping people gain financial stability.
MoreCentral Indiana colleges on alert to slow spending
November 24, 2008
J.K. WallMost colleges and universities in central
Indiana are being especially frugal because the value of their university endowments has plunged along with the market,donations
may decrease, and enrollment may decline, due to lack of student loan availability.
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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.