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Small Biz Funding
New seed fund aims to make Indiana a hotbed for digital health startups
May 4, 2013
J.K. WallInfuse Accelerator hopes to make early-stage investments in 12 to 15 companies a year.
MoreVenture capital favoring later-stage firms
April 27, 2013
Dan HumanGetting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough
in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a
revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.
MoreIU medical school's push to launch startups bears fruit
April 13, 2013
J.K. WallThe Indiana University School of Medicine has launched 12 companies in the past 18 months—a burst of startup activity
the school has never seen before.
MoreUrban biz accelerator giving leg up to startups
March 23, 2013
Andrea Muirragui DavisIndianapolis-based startup Dreamapolis is finalizing the details of its first Dreamapolis Accelerator class, a 12-week crash
course designed to help high-potential urban businesses get up to speed quickly.
MoreWOJTOWICZ: Prepare, then apply for small-business loan
March 4, 2013
Jean WojtowiczTo write (or refresh) your mission statement, think about what you do, how you do it and why you want to do it.
MoreAllos Ventures raises $40 million for early-stage tech firms
February 16, 2013
Chris O'MalleyAllos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies
in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in
about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.
MoreMaker of app that helps not-for-profits gets seed funding
January 26, 2013
IBJ StaffCause.it, founded by students from I.U. and Purdue, was awarded $500,000 by Innovate Indiana.
MoreMicrolenders aim to help businesses grow, survive
January 5, 2013
Andrea Muirragui DavisIndiana has three certified, not-for-profit SBA microloan intermediaries, which not only make short-term microloans—as
any lender can—but also use the SBA grants they receive to offer business coaching along with the financing.
MoreIndiana SBA lending drops in 2012, but still exceeds 2010
December 8, 2012
Indiana businesses borrowed $424.7 million through U.S. Small Business Administration programs in 2012, an 18-percent decline
from 2011, latest SBA statistics show.
MoreWOJTOWICZ: Is small-business ownership for you?
November 30, 2012
Jean WojtowiczThe horror stories are sobering: Dun & Bradstreet reported earlier this year that businesses with fewer than 20 employees
have only a 37 percent chance of surviving four years and just 9 percent will be around 10 years.
MoreBanks eager to loan, but small firms hold back
October 13, 2012
Kathleen McLaughlinIndiana banks can tout more success in small-business lending since the recession ended, but the success is hard-won because
the masses of entrepreneurs remain cautious about borrowing.
MoreNew rules open door to ads for private placements
September 15, 2012
Kathleen McLaughlinIn accordance with the Jumpstart Our Business Startups Act, the Securities and Exchange Commission will lift the long-standing
ban on “general solicitation” of unregistered securities.
MoreWOJTOWICZ: Lenders need financial statements to protect investment
August 27, 2012
Jean WojtowiczThe bank needs to know how your business is doing right now (usually the most recent 30 or 60 days), rather than rely on your
current year’s tax return that may have aged several months.
MoreWeb startup aims to connect private businesses, investors
July 28, 2012
Andrea Muirragui DavisPrivate firms that need to raise relatively modest amounts of capital have a hard time finding money. Now three Indianapolis
entrepreneurs think they have the answer: crowdfunding. Individuals make small investments that are aggregated to fund a business.
Indianapolis-based Localstake wants to be the matchmaker.
MoreVenture funding falls 12 percent in second quarter
July 20, 2012
Associated PressFunding for U.S. startups fell 12 percent in the second quarter as venture capitalists poured less money into fewer deals
than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest
level in more than a decade.
MoreWOJTOWICZ: It pays to know environmental requirements
June 29, 2012
Jean WojtowiczUnexpected problems add to the headaches of opening or relocating a business, and we hear a lot about the hang-ups of required,
but annoying, environmental investigations.
MoreNot-for-profit hoping to grow microloan program
May 26, 2012
Scott OlsonSmall amounts of funding often ignored by larger banks.
MorePower-grid software maker lands $7M in venture capital
May 1, 2012
Chris O'MalleyIndianapolis-based Blue Pillar Inc., which makes software to manage electrical grids, has closed on $7 million in funding
from four venture capital firms, it said Monday.
MoreBioCrossroads launches second seed fund
April 30, 2012
J.K. WallBioCrossroads Inc. has raised an $8.25 million seed fund in its second attempt to help startup life sciences companies grow
to the point where they can attract venture capital or a corporate funder.
MoreHUNCKLER: Old-style bootstrapping is alive and well in tech
April 7, 2012
Matt Hunckler / Special to IBJIndianapolis-area entrepreneurs are finding ways to fund their companies.
MoreEntrepreneurs see early success with new liqueur
March 24, 2012
Andrea Muirragui DavisBlue MF is a vodka-and-rum-based liqueur concocted by three Indiana University fraternity brothers turned entrepreneurs. Their
firm, Indianapolis-based More Fun Liqueur, launched its signature drink in October and now is seeking investors to help fund
expansion.
MoreSBA lenders optimistic about year's loan output
March 10, 2012
Scott OlsonVolume nevertheless is expected to fall short of last year's record numbers
MoreWOJTOWICZ: Temporary program helps refinance commercial mortgages
February 24, 2012
Jean WojtowiczA recent study from Credit Suisse found that over $15 billion of small commercial mortgages (under $5 million) are coming
due in the next few years.
MoreDeveloperTown sees sale of first company it helped fund, coach
February 4, 2012
Chris O'MalleyDaily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
MoreWOJTOWICZ: Do homework before meeting business lender
December 19, 2011
Jean WojtowiczPrepare to talk in detail about your business, the plans you are making and the reasons for expanding before you show the
banker the facts and figures.
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these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.