Small Business

Angie's List earmarks $4M for lawsuit settlement

February 19, 2014
Chris O'Malley
The Indy-based consumer reviews firm has set aside $4 million to settle a lawsuit alleging Angie's List automatically renewed membership fees at a higher rate than members were led to believe.
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Internet-based weather forecasters offer bolder, more detailed outlooks

February 15, 2014
Chris O'Malley
A posse of Internet-based prognosticators is offering not just forecasts but sometimes even mounds of data left open to interpretation.
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Angie's List turns quarterly profit, but shares fall

February 12, 2014
Chris O'Malley
Shares in the Indianapolis-based consumer-reviews service fell 14 percent in after-hours trading Wednesday evening, despite a rare profit in the firm's fourth quarter.
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Purdue, Cook create $12M fund for life-science startups

February 4, 2014
 IBJ Staff
The Foundry Investment Fund will join with other investors to provide funding for companies that use Purdue-licensed technology or expertise in human and animal health and plant sciences.
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New shooting range draws crowd in Hamilton County; another in the works

February 1, 2014
Kathleen McLaughlin
The northern-suburb county should have two shooting ranges operating by the end of this year; owners of both business say Hamilton County is a ripe market.
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Airports find savings with Indy de-icing firmRestricted Content

February 1, 2014
Staff Report
E Solutions Inc. makes systems that allow de-icing crews to adjust their mix of water and the chemical glycol, which costs $9 to $14 per gallon.
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Investors seek payoff from Indiana oil wells that big players ignore

January 25, 2014
Chris O'Malley
Indiana is experiencing a mini oil-boom, thanks to some big producers, but some small, private investors are also in on the game, through Indianapolis-based Midwest Energy Partners, formed four years ago by former CountryMark executive Bill Herrick.
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Investment firm ties crowd-funding to traditional fundraisingRestricted Content

January 25, 2014
Dan Human
The online investing marketplace Localstake brokered a little more than $1 million in private investments for an Indiana distillery and a solar-heating startup in 2013, through crowd-funding. Instead of receiving a T-shirt or other novelty for their money, as with typical crowd funding, contributors received an actual stake in the business.
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After 9-year hiatus, Caplinger family opens new fish marketRestricted Content

January 18, 2014
Scott Olson
Veteran seafood operators Nick and Andrew Caplinger opened a shop in December at East 75th Street and Shadeland Avenue that boasts a wide variety of fresh fish.
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Website operator for cities expandingRestricted Content

January 18, 2014
Dan Human
An Indianapolis company that manages websites and processes payments for dozens of cities and towns plans to raise $2 million to grow.
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Podcasting allows DJs to carry on, without a radio stationRestricted Content

January 11, 2014
Chris O'Malley
Longtime disc jockeys Jason Hammer and Nigel Laskowski are free from the corporate overlords of modern radio, these days operating their own podcast after having lost their full-time on-air gigs.
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Pupils learn to talk fast, sell well in auctioneering school

January 11, 2014
Sam Stall
Melissa Davis is a third-generation auctioneer and president of Reppert School of Auctioneering. She helps lead quarterly courses running 10 days straight.
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Upswing causing slowdown in startups

January 11, 2014
Dan Human
The number of newly formed Indiana companies slumped in 2013, the first such dip since the recession, but the small drop could actually be a positive sign for the economy. Established companies have more job openings than a few years ago, meaning workers have less incentive to start their own businesses, as thousands did when the economy tumbled.
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Funding drought pinches life sciences firms

January 11, 2014
J.K. Wall
Nationally, venture capital investments into life sciences firms totaled $4.9 billion during the first nine months of 2013, down 30 percent from the same period in 2008, according to data from Thomson Reuters and PricewaterhouseCoopers. In Indiana, life sciences firms raised $21 million during the first nine months of the year, far lower than any year since 2003.
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Young CEO has big plans for employee-training software firm

December 28, 2013
Dan Human
Upstart Lesson.ly, an Indy-based developer of training software, is run by a 25-year-old and is trying to cut into a $42 billion market dominated by titans such as IBM and Oracle.
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Angie's List hit with shareholder suit

December 24, 2013
Chris O'Malley
The complaint charges the company and executives with misrepresenting the strength of the Indy-based firm's business model, financial performance and future prospects.
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Therapist helps seniors, families decide when to relinquish keys

December 21, 2013
Andrea Muirragui Davis
Laura Noblitt is a Zionsville-based occupational therapist with 25 years of experience in geriatric rehabilitation. She has spent half a decade riding shotgun with elderly drivers in central Indiana, determining whether it’s safe for them to stay behind the wheel.
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Unintentional entrepreneur parlayed consumer-electronics savvy into PR firm

December 14, 2013
Chris O'Malley
Arland Communications, run by former Thomson Consumer Electronics spokesman Dave Arland, is the only area firm focused entirely on the $200 billion-plus annual consumer electronics market.
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Peyton Manning wears ankle brace designed by local entrepreneur

November 30, 2013
Anthony Schoettle
Rick Peters, founder of Carmel-based Ultra Athlete LLC—a small manufacturing firm with a reputation for state-of-the-art ankle braces—sent his latest brace to the Denver Broncos head trainer on a whim, and saw Manning wearing it three days later.
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Apple buyout in ChaCha's future?

November 30, 2013
Dan Human
Apple has applied for a patent that sounds pretty familiar to the folks at Carmel-based ChaCha Search Inc. Enough so that ChaCha founder Scott Jones has suggested that his business is well-suited for an acquisition by one of the largest companies in the world.
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Health law small-business insurance site delayed 1 year

November 27, 2013
Associated Press
The Obama administration is delaying yet another aspect of the health care law, putting off until next November the launch of an online portal to the health insurance marketplace for small businesses.
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Avon firm enters competitive video game industry to promote reading

November 23, 2013
Dan Human
An Indianapolis firm that makes software for libraries has teamed with an elementary schoolteacher to improve kids’ reading skills by using books’ longtime nemesis—video games.
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New law paves way for micro-distilleries to open across state

November 23, 2013
Sam Stall
A new state law allows Indiana distillers to obtain a permit to produce and sell spirits by the glass, bottle or case. Previously, they could sell only to distributors, never to the public.
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Digital marketer growing Indy headquarters

November 18, 2013
Dan Human
StrataBlue plans to hire 25 people in early 2014 as the firm adds services.
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Indiana-born coat-checking firm gains steam after 'Shark Tank' appearanceRestricted Content

November 16, 2013
Dan Human
Derek Pacqué, who started CoatChex in 2010, appeared a year ago on the ABC show in which entrepreneurs pitch their ideas to prominent investors. Billionaire Mark Cuban offered to invest but wanted a large ownership stake. Pacqué said no, and has since grown his company. But really, he said, the company is doing just fine without the billionaire.More
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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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