Small Business

Venture funding falls 12 percent in second quarter

July 20, 2012
Associated Press
Funding 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.
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Carmel veterinarian opening animal hospital near Mass AveRestricted Content

July 14, 2012
Woodland Animal Hospital owner will take former bookstore space in Chatham Arch neighborhood.
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Lilly Endowment awards Butler biz accelerator $3M

July 13, 2012
The gift will enable the accelerator to keep providing consulting services to mid-size Indiana businesses using the experience of consultants, as well as Butler University faculty and students. It launched in 2005 with the help of a $22 million grant from the endowment.
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Building relationships pays off for contractor GrayRestricted Content

July 7, 2012
Andrea Muirragui Davis
Steve Gray Renovations grew during the remodeling industry’s worst downturn in more than two decades.
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Co-working spaces multiply, giving independent workers options

June 30, 2012
Ellen Kobe
Co-working sites—shared office spaces designed to give entrepreneurs, free-lancers and consultants the tools they need to get the job done as well as the chance to interact with other professionals, sans cubicle—are gaining popularity nationally and, finally, in Indianapolis.
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Local ad firm BrandWidth rebounds after internal turmoilRestricted Content

June 30, 2012
Anthony Schoettle
BrandWidth puts legal scuffle behind it, emerges to nab several national accounts.
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WOJTOWICZ: It pays to know environmental requirements

June 29, 2012
Jean Wojtowicz
Unexpected 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.
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Google unveils biz photo service in Indianapolis

June 26, 2012
Scott Olson
The interactive virtual tour gives customers a glimpse of the layout and decor of a business without setting foot inside the location. For St. Elmo Steak House, where the service was introduced locally, it was an easy sell.
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Image consultant aims to meld personal, professional stylesRestricted Content

June 23, 2012
Andrea Muirragui Davis
Sola Adelowo, a certified image consultant and owner of Indianapolis-based ImageCube LLC, uses a surprisingly scientific process that starts with a personality-type assessment and results in custom-style kits and an illustrated wardrobe guide.
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Boutique Anderson ad agency expanding to IndianapolisRestricted Content

June 23, 2012
Anthony Schoettle
Four-person shop opening office downtown got its start at Flagship Enterprise incubator.
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Benefits brokers gain ground without mergingRestricted Content

June 16, 2012
J.K. Wall
While mergers and acquisitions have been rampant in central Indiana’s benefits-broker industry the past five years, a handful of brokers has grown the old-fashioned way—by adding clients.
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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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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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