Small Business

Trio of women now owns Borshoff, city’s biggest ad firm

August 10, 2013
Chris O'Malley
Founding principal of 29-year-old Borshoff advertising agency, Myra Borshoff Cook, 65, and senior principal Erik Johnson, 62, have sold their ownership interest in recent years to three top executives at the firm, all of them women.
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Crowd funding taps passionate fan base for fantasy figurinesRestricted Content

August 10, 2013
Dan Human
A growing number of small game companies will join a pantheon of industry titans starting Aug. 15 at the Gen Con Indy gaming convention. The small guys are there largely because they can get the money they need to keep themselves alive via the fundraising technique known as “crowd funding” or “crowd sourcing.”
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Angel-investing event may bolster startupsRestricted Content

August 10, 2013
Chris O'Malley
An emerging network of angel investors from around the state will team with Indiana University next month on a workshop that will put them in the same room with entrepreneurs who’d like their backing.
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Online markets help Indiana growers find new customers

August 4, 2013
Associated Press
Online "food hubs" have emerged as small and medium-sized farmers have worked together to find quicker and broader ways to distribute their produce.
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Life sciences venture capital dips againRestricted Content

August 3, 2013
J.K. Wall
Venture capital surged in the first half of 2012, to $51.6 million in Indiana. But the pace of activity here fell off sharply in the second half of last year, and remained sluggish into 2013.
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Software firm finds beer business is a frothy marketRestricted Content

July 27, 2013
Dan Human
Carmel-based Blue Horseshoe Solutions develops software that manages supplies, warehousing, deliveries, worker productivity and other logistical complexities connected with any number of goods-producing businesses, but about 25 percent of its business falls within the beverage category.
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Indiana small business caucus meeting across state

July 24, 2013
Associated Press
The General Assembly's Small Business Caucus will host town halls across northern, central and southern Indiana beginning in early August and continuing through mid-September.
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Small-business group absorbed by state was ailing

July 20, 2013
Dan Human
Gov. Mike Pence in June signed an executive order that folded a tiny northern Indiana not-for-profit called Partners in Contracting Corp. into a new state Office of Small Business and Entrepreneurship. What he didn’t say was that Partners in Contracting was in trouble and likely would have folded operations had the state not stepped in.
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New owners plan to upgrade apartments plagued by shortcutsRestricted Content

July 13, 2013
Scott Olson
The ill-fated Di Rimini apartment project that city officials halted three years ago because of numerous code violations is set to be resurrected by two local businessmen.
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Health tech startup aiming for fences

July 13, 2013
J.K. Wall
Flying under the radar for much of its existence, local health tech startup hc1.com Inc. now thinks it’s ready to soar. The company, spun out last year from Zionsville-based Bostech Corp., is on pace to generate annual revenue of $10 million by year's end. And it thinks business could triple next year.
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Tech showcase crowns unlikely winner in pitch contest

July 12, 2013
Dan Human
Emphymab Biotech, with a treatment for emphysema developed by a group of Indiana University medical professors, received the top prize at the Innovation Showcase on Thursday.
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Former Pacer invents device to increase leg strength

July 6, 2013
Anthony Schoettle
In April, Jonathan Bender launched a company based on a device he invented to help others avoid the knee troubles that put an end to his promising NBA career. Already, he’s brokered a deal with California-based Relax The Back retail chain.
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Anderson woman churning out dog chews made from elk antlers

July 6, 2013
Andrea Muirragui Davis
Cindy Dunston Quirk spent a decade coming up with an allergy-free dog chew idea, then, within two weeks of deciding on elk antlers, had a product packaged and ready to sell.
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Benefits firm to continue growth spurt, add 25 jobs

July 1, 2013
Mason King
Nyhart Actuary & Employee Benefits plans to invest $840,000 to lease and equip an expansion of its Indianapolis headquarters, and already has started hiring.
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LeadJen President Vance launches social networkRestricted Content

June 29, 2013
 IBJ Staff
Technology industry up-and-comer Jenny Vance, at age 35, has achieved the rank of “serial entrepreneur” with the launch of her third business, PlanSoon.
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David and Marilyn Shank are survivors in PR industry

June 29, 2013
Chris O'Malley
Over the last quarter century, the husband-wife duo has outlived a number of bigger and slicker competitors, even as the Great Recession decimated some bigger PR and advertising shops.
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Junkyard cleans up mess after IDEM finds violations

June 28, 2013
Dan Human
The state says a Hancock County salvage yard had made headway in fixing environmental violations found during a March inspection. The owner still faces an unrelated lawsuit from county officials.
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Indiana office to promote startups, small business

June 27, 2013
Associated Press
Gov. Mike Pence has created the Indiana Office of Small Business and Entrepreneurship that he says will focus on consulting, specialty programming, and integrating universities, private businesses and government agencies.
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Glass magic coming to end for venerable Fox StudiosRestricted Content

June 22, 2013
Scott Olson
Fox Studios Inc., the venerable stained glass company whose work is on display at countless churches throughout the state and even the Indiana Statehouse, is closing.
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Startup pitching app as money-saver for hospitalsRestricted Content

June 22, 2013
J.K. Wall
The founder and CEO of Diagnotes Inc. thinks his company’s mobile app can help doctors run their office from their iPhones—just as many other professionals have been doing for years.
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Tiny Lebanon firm prevails in multimillion-dollar patent caseRestricted Content

June 22, 2013
Anthony Schoettle
In the past 18 months, Larry Durkos—who invented a machine that attaches metal bed box springs and coils to wood frames—has scored two stunning victories over Leggett & Platt Inc., a Missouri-based box-spring conglomerate.
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Fusion cooking wins fundingRestricted Content

June 22, 2013
A Fishers financial analyst's crab mofonguito was tasty enough to win him money he needs to open his own restaurant.
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WOJTOWICZ: Lots to consider when weighing mortgage payoff

June 21, 2013
Jean Wojtowicz
You certainly don’t want to keep paying a mortgage if it restricts your business in other areas. But you don’t want to cough up too much at once and have the same effect.
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Building for game maker Fundex set for July auction

June 17, 2013
Scott Olson
One 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.
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Mortgage firm is fastest-growing private companyRestricted Content

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.
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  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

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