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.
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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.
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December 23, 2010
IBJ StaffA $250,000 investment in Aarden Pharmaceuticals will go toward advancing tuberculosis therapy through the pre-clinical development
stage.
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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.
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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.
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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.
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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.
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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.
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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.
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May 11, 2009
Scott OlsonHALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover.
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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.
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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.
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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.
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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.
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April 13, 2009
Anthony SchoettleIndiana golf course operators are nervous about how the recession might lead to fewer golfers and lost revenue.
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April 6, 2009
The state's overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
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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.
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March 30, 2009
Peter SchnitzlerHoosiers' long ride on the gambling gravy train finally may be coming to an end.
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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.
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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.
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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.
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March 2, 2009
Morton MarcusIt was not World War II that moved America out of the Great Depression.
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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.
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December 1, 2008
Momentive Consumer Credit Counseling Services work to change lives by helping people gain financial stability.
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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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Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.