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Small Business
Building for game maker Fundex set for July auction
June 17, 2013
Scott OlsonOne of the last remnants of the bankrupt game maker and distributor is set to be sold at auction next month. The parent of
the company that makes the iconic Slinky bought Fundex in December.
MoreMortgage firm is fastest-growing private company
June 15, 2013
Stonegate Mortgage Corp. returns to the top 10 for a second year thanks to geographic expansion—it now does business
in more than 30 states, up from 20 at the end of 2011—and a couple of significant transactions.
MoreBio-Response expanding in Hendricks County
June 10, 2013
IBJ StaffWastewater equipment maker is moving to a Danville business park to build a $1.1 million facility.
MoreSales of boomer-owned businesses deemed close at hand
June 8, 2013
Norm HeikensSeveral factors have aligned to spark the long-expected trend.
MoreLocally produced laundry additive taking on skin cancer
June 8, 2013
Anthony SchoettleIn a nondescript manufacturing plant on Indianapolis’ east side, a manufacturer is producing one of the most unique
weapons in the war on skin cancer. Called SunGuard, the laundry additive is being called by some dermatologists a potential
life saver.
MoreFormer Indy Chamber prez scores consulting work
June 4, 2013
Dan HumanScott Miller, who resigned from the chamber post after less than two years to follow his entrepreneurial bent, will help two
local startups get off the ground.
MoreSummer basketball league has become big draw for NBA, college stars
June 1, 2013
Anthony SchoettleCarlos Knox runs The Knox Indy Pro Am Summer League, one of only a few nationwide where basketball fans can find top college
and professional hoops stars facing off against one another on the hardwood.
MoreIndianapolis education up-and-comers are fierce competitors
May 25, 2013
J.K. WallFriends' competition for bragging rights lands both on Forbes' 30 Under 30 lists.
More$225M Westfield project in works
May 25, 2013
Andrea Muirragui DavisDeveloper Steve Henke’s vision for Grand Park Village is grand: a 20-acre lake surrounded by an East Coast-style boardwalk
lined with restaurants and shops. He sees a carousel at one end of the lake and a Ferris wheel at the other—with a beach,
mini marina and watering hole in between.
MoreHomebuilder focuses on 'pocket' communities near Carmel attractions
May 25, 2013
Andrea Muirragui DavisTwo Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near
downtown Carmel's old neighborhoods.
MoreIndy startup sees green in cheaper 3D printing
May 25, 2013
Dan HumanLaunched in January, 3D Parts Manufacturing joined a recent surge in rapid prototyping and additive manufacturing operations
known as 3D printers. Rather than screwing and gluing parts together, operators plug digital designs into machines that shape
plastic and metal powders from the bottom up, one microscopic level at a time.
MoreIndy startup serves up keg beer with big data
May 24, 2013
Dan HumanSteadyServ Technologies has raised $1.5 million to help develop iKeg, which tells bar managers and beer distributors when
they need to reorder.
MoreDenver-based firm laps up BlueMile running chain
May 23, 2013
Anthony SchoettleBlueMile, a local six-store running specialty chain, has been acquired by a group that includes Indianapolis-based sports
goliath The Finish Line Inc. The deal is expected to speed BlueMile's expansion.
MoreKennedy partners with Olympic runner to buy shoe chain
May 22, 2013
Anthony SchoettleIndiana running icon Bob Kennedy believes Movin Shoes Inc. has great potential for growth. Its California location doesn't
violate Kennedy's non-compete agreement with Indiana's BlueMile chain.
MorePINCUS: State needs better life sciences startup ecosystem
May 18, 2013
Jack Pincus / Special to IBJIndiana’s life sciences sector is mostly composed of legacy companies.
MoreOesterle sells land to Angie's List, reaping millions
May 18, 2013
Chris O'MalleyAngie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property
for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s
the property, at well above its assessed value.
MoreKessler Mansion neighbors balk at business uses
May 15, 2013
Dan HumanAn Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property.
The mansion will host a camp for entrepreneurs in June.
MoreSlingshot is shifting aim away from SEO
May 11, 2013
Dan HumanAfter Google cracked down on some of the tools companies were using to improve their positions in search results, Indianapolis-based
Slingshot SEO opted to launch a sister brand called Digital Relevance that will focus on earning media attention.
MoreCo-founder's death alters Naked Monkey's growth plan
May 11, 2013
Andrea Muirragui DavisThe recession and then the death of a founder put the Carmel waxing spa on a new trajectory. Now co-owner Brenda Schultz is
mulling expansion plans.
MoreNew 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.
MoreEntrepreneurs vie for invites to reality TV summer camp
May 4, 2013
Dan HumanTwelve lucky entrepreneurs chosen from hundreds of applicants will spend two months this summer in a luxury facility working
on bringing new business ideas to market.
MoreZionsville's Main Street aims to boost drawing power, charm
April 27, 2013
Andrea Muirragui DavisZionsville’s new economic development plan calls for ramping up commercial activity in the predominantly residential
community—just not at the expense of the mom-and-pop shops that give the Boone County town its charm.
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.
MoreAngie's List posts smaller loss on soaring revenue
April 24, 2013
Associated PressThe latest results beat Wall Street estimates, driving the Indianapolis-based company's shares upward by nearly 7 percent
in after-market trading on Wednesday.
MoreAfter raid, pet store owner agrees to quit selling animals
April 23, 2013
IBJ StaffAnimal control officers found hundreds of violations in March at The Fish Bowl, 2101 East Michigan St. The owner plans to
continue operating his business as a pet-supply store.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!