Minority Business Enterprise

Annual diversity luncheon setRestricted Content

March 8, 2014
The Indiana Professional Association will host its annual networking luncheon March 30 at Fleming’s Prime Steakhouse at Keystone at the Crossing.
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Minority business group crosses state bordersRestricted Content

January 18, 2014
 IBJ Staff
The Indiana Minority Supplier Development Council has changed its name to Mid-States Minority Supplier Development Council, as it executes its national office's plan to consolidate to 24 councils from 36.
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Small businesses angle for piece of the big game

January 23, 2012
Andrea Muirragui Davis
More than 400 companies statewide qualified for this year’s NFL Emerging Business program, an initiative that aims to open doors for minority- and women-owned enterprises seeking a sliver of Super Bowl spending.
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New minority supplier council chief aims to raise agency's profileRestricted Content

July 2, 2011
Scott Olson
Carolyn Mosby brings a wealth of experience to the Indiana Minority Supplier Development Council, which she hopes to lead to the next level of success.
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Effort to save minority car dealer lands Bill Mays in ditchRestricted Content

June 11, 2011
Greg Andrews
PNC Bank last month sued Mays, one of the city’s most prominent black businessmen, charging he defaulted on a $3.5 million loan he received in 2008 that has an unpaid balance of $2 million.
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Minority supplier group selects new leader

April 2, 2011
 IBJ Staff
Directors of the Indiana Minority Supplier Development Council have appointed Carolyn E. Mosby the organization’s new CEO.
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Two Indianapolis firms make Inc. magazine list

August 28, 2010
 IBJ Staff
The firms are among the 10 fastest-growing black-owned businesses in the nation.
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Indiana Black Expo Summer Celebration schedule

July 3, 2010
Indiana Black Expo kicks off its 40th annual Summer Celebration July 12 with a full schedule of events.
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Athletic entrepreneur helps clients build camaraderie, improve leadershipRestricted Content

April 10, 2010
Tawn Parent
Deseri Garcia's Vida Aventura consulting firm uses challenge courses, other unusual techniques to improve teamwork, morale.
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Minority-owned logistics firm lands high-profile investors

January 23, 2010
Chris O'Malley
Wireless phone distributor Brightpoint Inc. is among the backers of a new logistics company that says it might employ 250 by 2012.
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Freight Masters files bankruptcy after losing business from Chrysler, BoeingRestricted Content

December 19, 2009
Chris O'Malley
The minority-owned logistics firm is also involved in a legal battle with a Washington state firm over the loss of its Boeing business.
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Minority suppliers diversifying into life sciencesRestricted Content

July 6, 2009
Scott Olson
The Indiana Minority Supplier Development Council has made life sciences companies its latest target—part of an even larger effort to attract minorities to the burgeoning life sciences industry under way on a national scale.
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Minority, women contracts rise for Convention Center projectRestricted Content

March 30, 2009
Anthony Schoettle
The hiring of minority- and women-owned businesses to work on the $275 million Indiana Convention Center expansion is far ahead of state requirements and has surpassed rates that were registered for the $715 million Lucas Oil Stadium project.
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Ice Miller's Lacy says Obama's election will help businesses be more unifiedRestricted Content

November 10, 2008
Ice Miller LLP partner Lacy Johnson, who helped organize Ill. Democratic Sen. Barack Obama's presidential campaign here, said the election represents an opportunity for businesses to move beyond labels.
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Minority-owned contractor Mezzetta Construction downsizes dramaticallyRestricted Content

September 25, 2006
Anthony Schoettle
Mezzetta Construction Inc., one of the city's largest minority-owned businesses and a contractor on the Lucas Oil Stadium project, is downsizing its staff and auctioning off its office and construction equipment while struggling with financial difficulties.
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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