Small Business

Indianapolis firm launching dream-sharing appRestricted Content

June 16, 2012
Remember.com's free Dreamt It app will be followed by a paid version with additional features.
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Compendium moving its business beyond blogging softwareRestricted Content

June 16, 2012
Chris O'Malley
Compendium Software says there’s money to be made in creating a place where marketing content can be centralized and repurposed and sent out via e-mail newsletters, social media channels and—of course—blogs.
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Burd Ford dealership closing by end of June

June 14, 2012
Manager Jon Parson told IBJ that he had "no idea" why the dealership was closing. Christine Burd took over the business in late 2009 following the suicide of her husband, Richard Burd.
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Angie's List CEO Oesterle grows east-side footprintRestricted Content

June 9, 2012
Kathleen McLaughlin
Bill Oesterle’s firm Henry Amalgamated has purchased 48 properties in the Holy Cross neighborhood from 2006 through this May. Nearly 40 percent of those purchases have been made since Angie’s List struck a $7.1 million incentives deal with the city of Indianapolis in October.
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Racing simulator lands real tax break for two-seatersRestricted Content

June 9, 2012
Legislature agreed to extend to Indy Racing Experience the same sales-tax exemption enjoyed by race teams.
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Taxing career path ultimately appeals to entrepreneurRestricted Content

June 2, 2012
Chris O'Malley
Accounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
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INSIDE DISH: Smokers' haven prepares for ban

May 30, 2012
Mason King
Dish Mass Ave Pub watch videoMass Avenue Pub survived a two-year hiatus in the mid-2000s after a massive infrastructure collapse. Its owners think going smokeless on Friday will be a comparative breeze, even though 65 percent of their clientele like to light up.
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For graying generation, startups are booming

May 26, 2012
Mason King
Since the 1990s, the demographic makeup of new entrepreneurs has been steadily shifting toward baby boomers as they seek personal and financial fulfillment. Count Fountain Square Brewing Co.'s Bill Webster among them.
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Mentors give entrepreneurs a business boostRestricted Content

May 26, 2012
Andrea Muirragui Davis
Good mentors can make a world of difference to up-and-coming entrepreneurs. Countless business owners find themselves in need of a gut check from time to time and, these days, mentors are an essential part of their toolkit.
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Not-for-profit hoping to grow microloan program

May 26, 2012
Scott Olson
Small amounts of funding often ignored by larger banks.
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Biz boosters embrace One Click, but it's no sure thingRestricted Content

May 19, 2012
Cory Schouten
Husband-and-wife entrepreneurs Randy and Angie Stocklin started Greenwood-based One Click Ventures out of their home with $20,000 in 2005. They now own a portfolio of niche retail websites, including SunglassWarehouse.com, HandbagHeaven.com and Scarves.net, which brought $5.3 million in revenue last year.
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Kids to sell lemonade at the Indiana Statehouse

May 18, 2012
Associated Press
More than 15,000 young people from pre-school age through high school will open lemonade stands across the greater Indianapolis area this weekend.
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Chamber to merge with economic development groups

May 17, 2012
Kathleen McLaughlin
The Greater Indianapolis Chamber of Commerce will lead economic development efforts for central Indiana by merging with Develop Indy, Indy Partnership and Business Ownership Initiative, the groups announced Thursday.
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Signature Inns founder plans auto-care franchises

May 17, 2012
Scott Olson
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.
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Former Pac-Van owners return to mobile office biz

May 16, 2012
Scott Olson
Brent and Matthew Claymon have founded OnSite Space LLC and acquired Indianapolis-based Tyson Corp., to form OnSite Space by Tyson. The brothers sold Pac-Van in 2006 and have returned to the industry after their five-year non-compete expired.
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Digital textbook firm Courseload raises millionsRestricted Content

May 12, 2012
J.K. Wall
The Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive field.
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Progress spotty in narrowing tech field's gender gapRestricted Content

May 12, 2012
Chris O'Malley
Most technology firm startups are birthed by men in their 20s and 30s who have a background in computer science. To what degree women are underrepresented in the ranks of tech entrepreneurs is hard to quantify, but it’s a small universe.
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Carmel event firm sold, relocated to Castleton

May 12, 2012
EventzPlus, besides hosting large gatherings, will also offer daily office space rentals to small business owners.
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Purdue's Indy tech incubator nearing capacityRestricted Content

May 12, 2012
Chris O'Malley
Officials consider expanding facility that got off to a slow start but began filling up last fall.
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Want to check your coat? Now, there's an app for that

May 5, 2012
Chris O'Malley
Indianapolis-based upstart CoatChex is preparing the launch of an iPad-based, ticketless coat-check system for bars through which a patron enters his phone number to check a coat and, later, to retrieve it.
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Fast-food clients fueling furniture-maker's growthRestricted Content

May 5, 2012
Kathleen McLaughlin
Facility Concepts’ can-do attitude has cemented the loyalty of clients like Southern Bells—one of the largest Taco Bell franchises in the country—and propelled it from startup consultancy in 2004 to full-fledged manufacturer.
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INSIDE DISH: Husband-wife team revive sushi joint's reputation

May 4, 2012
Mason King
Dish_Yokohama_WatchVideoScott and Debbie Bennett sank their savings into purchasing Greenwood's Yokohama, which had a past peppered with disappointed patrons.
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Power-grid software maker lands $7M in venture capital

May 1, 2012
Chris O'Malley
Indianapolis-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.
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Veteran broker Hohmann leaves Cassidy Turley to go solo

May 1, 2012
Tom Harton
Hohmann has been involved in numerous high-profile real estate deals over the years, including the transaction that resulted in development of Intech Park and assembling about 60 acres for Clay Terrace in Carmel.
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BioCrossroads launches second seed fund

April 30, 2012
J.K. Wall
BioCrossroads 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.
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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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