August 7, 2006
Tammy LieberDow AgroSciences LLC has brought on a team of people to push Natreon vegetable oil to purveyors of French fries and other
deep-fried foods in the quest to eliminate much of the trans fat that now clogs arteries around the country.
More
July 31, 2006
Victoria D.No matter how many bold and italicized words scholars cram into textbooks, nothing compares to students rolling up their sleeves
and testing a theory themselves. For years, Indiana University's Kelley School of Business has offered its Bloomington MBA
candidates real-world experience through so-called "academies" focused on specific industries. Now Kelley Indianapolis' evening
MBA program is set to launch a scaled-back version for its students. This fall, it will offer three such "enterprise" programs,
including one with an entrepreneurial emphasis. The...
More
July 31, 2006
Robert A.Landing the Honda plant is a great coup for Indiana. Gov. Mitch Daniels deserves congratulations. Not only will Honda employ
an estimated 2,000 Hoosiers, it appears the governor secured the facility at a bargain price for Indiana's taxpayers. While
the plant brings much-needed employment, future wealth created from Honda's production accrues to its primarily Japanese shareholders.
This is only fair, as Japanese automakers have innovated, invested and expanded over the past 30 years. They have earned their
success and deserve...
More
July 31, 2006
Chris O\'malleyIBJ's Life Sciences & Biotech Magazine looks at the future of biofuel production in Indiana. SECTIONBDuring one day this month,
Randolph County farmer Troy Prescott drove hundreds of miles to visit three western Ohio towns-gladhanding potential backers
gathered at a VFW hall, an armory and a restaurant. And just a few days ago, in Fishers, he spelled out his vision to more
than 50 people, some wearing suspenders and down-on-the-farm twangs. Prescott isn't running for Congress, but his 25-city
road...
More
July 24, 2006
Tom MurphyNo layoffs. No seven-figure budget cut to sweat through. IU School of Medicine Dean Dr. Craig Brater had many reasons to raise
a toast this month, when a new fiscal year began and the school left behind an old one marked by the worst budget cuts in
decades. Indeed, Brater said he is breathing a little easier as the school starts fiscal 2006-2007 with a budget of more than
$815 million. An increase in clinical revenue and grant money helped...
More
July 17, 2006
Tom MurphyImagine a vaccine that kills salmonella bacteria in chickens long before they reach the food-processing center, possibly reducing
the chance of a food-borne illness landing on your dinner plate. That's one of the possibilities researchers are thinking
about on the northwest side of Indianapolis, where Dow AgroSciences has become a pioneer in the new frontier of plant-based
vaccines. Earlier this year, the subsidiary of Dow Chemical Co. received the world's first regulatory approval for a plant-made
vaccine from the U.S....
More
July 17, 2006
Scott OlsonLinda Malkas' arrival at the Indiana University School of Medicine four years ago is beginning to look like a coup for the
city's life sciences initiative. Armed with promising cancer research, Malkas helped found CS-Keys Inc., which last month
received a $285,000 infusion from BioCrossroads' Indiana Seed Fund and is poised to net a similar investment July 17 from
Triathlon Medical Ventures in Cincinnati. The additional capital is critical to the startup's continuing development of a
biomarker that detects breast...
More
July 10, 2006
Scott OlsonHarlon Wilson and Kurtis Rush originally intended their Indianapolis-based upstart business to provide 3-D animation for use
in court cases. But if they had stuck to that business plan, Medical Animatics Inc. could not have produced the video to the
hilarious "Urine Stream," a song parody of Abba's "Dancing Queen." Here's a sample of the chorus: So when you get the chance,
undo your pants ... And make a urine stream, gold and clean, oh it's such a dream. Urine...
More
July 10, 2006
On June 1, Gov. Mitch Daniels and officials from the Indiana Public Employees Retirement Fund announced the Indiana Investment
Fund, a $100 million investment vehicle. The fund will invest in early-stage startups and loans to mature firms. It will invest
in Indiana-What's wrong with local investment pros? based agriculture, manufacturing, information technology, transportation
and life sciences companies. Credit Suisse was selected to manage this new fund. As a global investment bank, Credit Suisse
certainly has skilled bankers who can evaluate...
More
June 19, 2006
You don't always see it or hear it, but it's there. The quiet panic that sets in after a theater company or a newspaper or
any organization realizes it must begin appealing to a new breed of consumer if it wants to survive. Young consumers of news
want it in bite-size portions delivered to their desktops. Young church-goers want dynamic worship services and activities
to match, not tradition-bound church groups that require elections, officers, meetings and minutes. And young patrons...
More
June 19, 2006
Bruce HetrickMy brother Bryan called the other day. He asked if I'd like to join him at the Music Mill to see an up-ancoming singer-songwriter
he'd heard about. He said the critics have compared her rock-funksoul sound to the likes of Bonnie Raitt, Tina Turner and
Janis Joplin. Pretty high praise. So last Tuesday we 40-something guys and a few hundred other people went to hear 22-year-old
Grace Potter and the Nocturnals. Before Grace took the stage, we sat in the...
More
June 12, 2006
-Peter SchnitzlerNew York-based investment bank Credit Suisse is building quite a book of private-equity business in Indiana. Credit Suisse
has been chosen to manage the Indiana Public Employees' Retirement Fund's new $105 million Indiana Investment Fund. It also
directs the $73 million Indiana Future Fund, which was launched by BioCrossroads, a local organization dedicated to developing
the state's life sciences industry. Indiana's not the only place Credit Suisse is applying its expertise. Last fall, Ohio
formed the Ohio-Midwest Fund, a regionally...
More
June 12, 2006
In 1973, an automobile accident inspired a mother to create a dynamic memorial to the accomplishments of her son and for the
benefit of the community in which he lived. For 30 years, the Stanley K. Lacy Executive Leadership Series has offered a unique
perspective to 25 individuals on the issues confronting our city and region. Guided by a moderator through tours, seminars,
reading and interaction with experts, the participants debate education, government, health and human services, the justice
system,...
More
June 12, 2006
Tom MurphyTechnology experts, doctors and politicians this week will discuss the possibility of interconnecting the handful of computer
networks in Indiana that allow doctors to exchange patient information. They say a network reaching every corner of the state
could save money, boost care and reduce medical errors while keeping Indiana at the front of the national pack for this technology.
However, none of the health-information network leaders who will convene for a summit this week in Indianapolis expects the
network to...
More
June 12, 2006
Peter SchnitzlerBy restricting the new $105 million Indiana Investment Fund I to deals within state lines, Gov. Mitch Daniels hopes to simultaneously
spur economic development and earn a spectacular return for Indiana's retired public employees. But venture-capital experts
warn it's nearly impossible to have it both ways. "You need to be very, very clear what your objectives are when you invest
[pension] money. Is it for economic development or to help the pensioners earn better pensions?" said John Taylor, vice president...
More
June 5, 2006
Tracy DonhardtOnly 64 percent of Indiana's fifthgraders passed the latest ISTEP+ test in science. A little better-76 percent-passed the
math component. Unfortunately, as children advance in grades, their ISTEP+ math scores worsen. By eighth grade, only 64 percent
passed the math portion of the test. Yet, economic development officials in Indiana-and much of the country-want young students
to choose to study in college areas of advanced manufacturing, life sciences, informatics, agribusiness and an array of disciplines
that require a strong foundation...
More
June 5, 2006
Peter SchnitzlerIt would have been big. Just last month, a team of officials from the Indiana Economic Development Corp. and The Indy Partnership,
its local equivalent, were furiously negotiating with South Carolinabased fire-engine maker American LaFrance. Intrigued by
a mix of economic incentives and Indiana's central location, American LaFrance considered moving its operations to Marion
County. In formal negotiations, the company dangled promises of 653 jobs and a capital investment of $18.5 million. State
records don't reveal what incentives Indiana offered...
More
May 29, 2006
Bob PalmerIndiana is poised to become the country's logistics center. Recently, there has been a lot of discussion on that topic. Now
is the time for business, government and education to come together and make it happen. SupplyNet 2006-the recent statewide
conference that brought together not only transportation, distribution and logistics industries, but also representatives
from manufacturing, retail, information technology, government and academia-detailed the broader picture of supplychain management.
As a cutting-edge business strategy, supply-chain management integrates internal and external logistics...
More
May 22, 2006
Peter SchnitzlerTechPoint's Mira Awards, which were to be handed out May 19, celebrate excellence in Hoosier innovation. The annual awards
banquet also serves as a pretty good bellwether of who's poised for a big payday. For example, TechPoint honored Indianapolis-based
medical device-maker Suros Surgical Systems Inc. with a Mira award three years before Massachusettsbased Hologic Inc. acquired
Suros for $240 million in April. In 2003, TechPoint also recognized Carmel-based banking software-maker Baker-Hill. California-based
Experian bought Baker-Hill last August for an undisclosed...
More
May 15, 2006
Peter SchnitzlerIf imitation is the sincerest form of flattery, BioCrossroads has been vindicated. Gov. Mitch Daniels hopes to see a series
of similar industry initiatives sprout around key clusters in Indiana's economy. He envisions parallel initiatives for manufacturing,
transportation and logistics and a series of other crucial business sectors. "We'd love some company," said BioCrossroads
CEO David Johnson. As outlined in Daniels' "Accelerating Growth" economic development plan released last month, the initiatives
would be based on proven Indiana strengths and identifiable...
More
May 8, 2006
Peter SchnitzlerCoLucid Pharmaceuticals Inc., a drug development company Eli Lilly and Co. spun out last year, has attracted Jim White as
its first CEO. White was a longtime Lilly executive before spending the past five years in Boston helping grow Hypnion Inc.,
another pharmaceutical startup that so far has attracted $80 million from venture capitalists. "We have a lot of great talent
in the state that leaves because we haven't had the kind of jobs to retain those folks," White said....
More
May 1, 2006
Peter SchnitzlerTwo new locally based venture capital funds believe Indiana is ripe with opportunity for biotech deals. With $20 million under
management, Heron Capital LLC is broadly focused on the whole Hoosier life sciences market. Attempting to raise $30 million,
the Mid-Point Food & Ag Fund LP has a narrower concentration: high-technology related to farming and nutrition. "We're very
excited about our prospects," said Heron Managing Director Greg Maurer. "We have a number of deals in the hopper, some of
which...
More
May 1, 2006
Indiana life sciences initiative BioCrossroads wants to improve the science and math skills of Indiana's elementary and high
school students. To figure out how, it's asking the public for ideas. BioCrossroads released a "request for interest in participation"
in the creation of a new K-12 Indiana Science, Technology, Engineering and Math Education Resource Center. Patterned after
the North Carolina Science, Mathematics and Technology Education Center, BioCrossroads' STEM is meant to be a Web-based, largely
virtual organization. It would coordinate math...
More
May 1, 2006
Peter SchnitzlerIt is the kind of business stimulus program that few oppose on paper, but to get the idea off the drawing board, IEDC must
convince counties to relinquish their parochialism and ingrained spending habits. That's likely to be tricky. "One of the
things we're trying hard to do as a state is to break down county borders where you have infighting, wasted resources and
missed opportunities," said IEDC Executive Vice President and General Counsel Nathan Feltman. "We want to make...
More
May 1, 2006
Peter SchnitzlerFor two years now, the $73 million Indiana Future Fund has been at work in the Indiana life sciences market. BioCrossroads,
Indiana's public-private life sciences economic development initiative, is pleased with the results so far. "When we put the
Indiana Future Fund together and surveyed the landscape, there were only two or three [local venture capital] firms that really
identified themselves as in [the life sciences] area," said BioCrossroads President David Johnson. "Now we see much more traffic
than we...
More
This is a big help. Thanks for share it here.
Doug Henning!
These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html
Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.