July 30, 2007
-Amanda GetchelSTARTUP GAZELLE WEB & CONSULTING LLC Entrepreneur offers to help entrepreneurs Type of business: Consults with startup and
growing companies Location: 885 Waveland Lane, Greenwood Phone: 450-7746 E-mail: lott.brandon@gmail.comWeb site: www.gazellewebandconsulting.comFounded:
December 2006 Owner: Brandon Lott Owner's background: Lott, 33, grew up in the south side of Indianapolis and graduated from
Indiana University in 1998 with a health care degree. He went to New York in 2005 to work as an operations manager for retailer
Alan Flusser Custom Shop, but...
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July 30, 2007
Amanda GetchelFrom selling shark tooth necklaces to his neighbors during summer vacations in Florida to running an online auction site that
benefits charities, he's no stranger to the hard work that comes with starting a business. "I'm interested in new things and
looking into new things," said Gough, who is among a burgeoning group of young entrepreneurs not content to work for others.
They'd rather strike out on their own. In fact, nearly 71 percent of the 1,474 youth who participated...
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July 23, 2007
Scott OlsonA startup firm using Indiana University medical research to treat a fatal lung disease is raising money for clinical trials
and has recruited a prominent life sciences veteran to lead the effort. Michael Klemsz, an associate professor at the IU School
of Medicine, and Dr. David Wilkes, director of the school's Center for Immunobiology, founded Immune Works LLC in January
2006 along with Ronald Meeusen. Meeusen, a former Dow-AgroSciences researcher and BioCrossroads executive, served as a part-time
president and CEO...
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July 23, 2007
Mark MilesIndiana needs a trip to the doctor-and a stern lecture when we get there. We're among the nation's unhealthiest states. More
than one of every four Hoosiers is obese, and we rank among the 10 worst states for smoking and high cholesterol. The outcomes
should come put more stress on the system and drive up prices and premiums for everyone. Gov. Daniels has signed a progressive
bill that provides affordable health insurance with a medical savings account plan to Hoosiers...
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July 9, 2007
Scott OlsonCompanies receiving a Phase 1 SBIR match from the state need to apply for second-stage funding by July 20. Applications can
be downloaded on the IEDC Web site. The proposal for funds should be no longer than 12 pages and include a commercialization
plan describing how the product would be moved to market and any challenges that would need to be overcome. The proposal also
should include a budget describing the funds required for The Indiana Economic Development Corp. has...
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July 2, 2007
J.K. WallSmall businesses should be able to purchase new kinds of property, casualty and Worker's Compensation insurance quicker than
in the past under a new state law that delays regulatory oversight of new products. But some business owners say the law puts
them at risk of buying insurance that includes surprise clauses -- since regulators won't be checking them in advance. The
law rolls back regulations that slowed insurance sales in Indiana by effectively requiring insurers to clear new products
with...
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July 2, 2007
Jo EllenP RO F I L E Georgetown Chiropractic Clinic PC Demand spurs chiropractor to grow clinic Massage, Pilates, yoga classes round
out northwest-side practice If life gives you a pain in the neck, chances are you've sought relief from a specialist at working
out the kinks-like Georgetown Chiropractic Clinic PC. Chiropractic use has tripled in the last two decades, according to research
published in the Annals of Internal Medicine. To accommodate some of that growth locally, Georgetown Chiropractic has doubled...
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July 2, 2007
Scott OlsonA surge in the number of corporations seeking minority participation on contracts has prompted an alliance between two local
law firms looking to capitalize on the trend. The June affiliation between Bingham McHale LLP, the city's fifth-largest practice,
and Coleman Graham & Stevenson LLC, a minority-owned upstart, resulted from mutual friendships within the two firms, said
Toby McClamroch, Bingham McHale's managing partner. "The marketplace is becoming more complex, and the business community
is demanding and expecting a multicultural and diverse...
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June 25, 2007
Jennifer WhitsonAfter unwrapping gifts on Christmas Day 2005, Colleen Fanning got something else from her dad: an offer to run the small inn
he bought in 2002. Bill Fanning spent more than two years tearing down, rebuilding and expanding the Brick Street Inn, a fixture
on Main Street in Zionsville. But it struggled financially after reopening in the fall of 2004, and his patience was at an
end. "He told me: 'Either I'm going to sell the inn or you can...
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June 25, 2007
Jason SmithI am a dabbler. The upside of dabbling is that one gets involved in a number of diverse projects throughout one's career.
Some great successes, some galactic failures. Either way, the dabbler learns much about many things along the way. One of
the lessons learned in a life of dabbling is the unlikely symbiosis between visionaries and bean counters. Like particles
of matter and anti-matter in the universe, one cannot exist without the other. And yet, their uncontrolled collision can...
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June 25, 2007
Jennifer WhitsonIt seems that, in the phone world, everybody loves small businesses these days. AT&T, central Indiana's primary landline provider,
is highlighting small-business offerings in its recently re-branded Cingular stores throughout the region. Cable company Comcast,
meanwhile, is rolling out its small-business phone options over local lines and Bright House Networks plans to get in the
game within a year. Then there are the scrappy, independent providers such as locally based Indiana Telephone Co. Inc., which
have expanded their offerings to...
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June 11, 2007
Peter SchnitzlerIt doesn't have a headquarters or any full-time employees yet. But local life sciences startup INphoton LLC has attracted
something equally important: an experienced manager. This month, INphoton hired Steven Plump, Eli Lilly and Co.'s former chief
marketing officer, as its CEO. Plump, who retired from Lilly in 2006 after a 30-year career there, hopes to commercialize
the high-tech research imaging techniques that INphoton's founders discovered in Indiana University laboratories. In the process,
INphoton could cut pharmaceutical companies' cost of...
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May 28, 2007
Jennifer WhitsonIn the late 1950s, when Daniel O'Malia was a kid working in the first store his father owned, he would often keep busy weighing
and bagging potatoes. But on occasion, a customer would ask for something the small grocery didn't stock. Joe O'Malia would
hand his son some change and tell him to run to a nearby Kroger grocery to pick up the item. He had the competitor's prices
memorized and always gave his son the right amount. "He would...
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May 28, 2007
Jennifer WhitsonIn 1993, Dan Yogodnik started a business with a friend that leased out exotic cars for special occasions. The biggest hurdle
the partners encountered was lining up insurance for the cars. That experience spurred Yogodnik, who had been working in the
banking industry, to start his own insurance firm. "If we had our own insurance agency, then we wouldn't have to chase all
over the country [for the niche policies]," he said. What started out as a side business targeting...
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May 28, 2007
Scott OlsonThe Healthy Indiana Plan, which enacts a system to bring affordable health insurance to low-income Hoosiers, is one of the
most far-reaching pieces of legislation to arise from the General Assembly this spring. The noble cause could provide coverage
to about 15 percent of the state's population. Yet it could affect the small-business community as much as the state's growing
number of uninsured. House Bill 1678, introduced by State Rep. Charlie Brown, D-Gary, and signed by Gov. Mitch Daniels May...
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April 30, 2007
Chris O'MalleyIn the village of Armenia, in western El Salvador, the Barahona Bautista family last month got a $246 loan to start a pig
farm from Ambassadors for Children. Micro loans are new to Ambassadors, which assists children in more than a dozen countries.
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April 30, 2007
Tammy LieberBy Larry O'Cull's own admission, his company's northwest-side office is staffed with "a bunch of geeks," including himself.
But as clients of product-development firm Priio will attest, it's hip to be geek. A tour of the office offers a glimpse at
a playground for engineering-inclined grown-ups. One of the firm's 12 employees fiddles with the trigger on a paintball gun,
while another tinkers with a concept for a propane-tank vending...
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April 30, 2007
Jennifer WhitsonAmericans are spending more than ever on their four-legged friends, and savvy central Indiana entrepreneurs are among those
cashing in.
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April 30, 2007
Scott OlsonThe new leader of the Indiana Venture Center is beginning to put his stamp on the not-for-profit that mentors promising startups.
James Eifert, 64, is the former president of Terre Haute-based Rose-Hulman Ventures who took charge of the center in December
following the July resignation of Steve Beck. Beck left to become co-managing director of IVC Equity Partners, a new local
seed-capital fund. Chief items on Eifert's to-do list are broadening the donor base, revamping the Venture Center's proprietary
network...
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April 2, 2007
Morton MarcusLast week, I was walking on the Statehouse grounds and I saw some folks with large green pins on their lapels. "What do those
stand for?" I asked. "Small businesses need Electronic Gaming Devices" one wearer told me. "That's for bars," I commented.
The reply I got was not friendly. In the newspapers and on TV during the same week, there were features about horse breeders
"needing" more state subsidies from slot machines at racetracks to "keep the industry alive."...
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March 26, 2007
Jennifer WhitsonBank loans and credit cards are common solutions to small businesses' cash-flow crunches, but small-business owners increasingly
have another option: using unpaid invoices as collateral to borrow money from investors.
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March 26, 2007
Morton MarcusFor many people, owning a business is a dream. As a nation, we idolize such people as "entrepreneurs." We assemble data that
show "small business" as the heart of the economy (even though the definition of "small" is fewer than 500 employees). Let's
look at this segment of the economy. Oops. The data we have are not as good as we want. We do not know how many proprietors
or business operators are full-time and how many are part-time. It...
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March 26, 2007
Jennifer WhitsonAfter about seven months without a leader, the Indiana Small Business Development Center network has found one in Jeff Heinzmann.
An attorney by training, the 39-year-old is charged with getting the statewide system of 11 regional centers on track in their
efforts to help entrepreneurs get started and grow. Despite their connection, the Indiana centers for the most part have operated
independently, and some-like the central Indiana office serving Marion and the surrounding counties-have struggled for stability.
Heinzmann aims to...
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March 19, 2007
Scott OlsonSmall public companies yet to comply with the stringent accounting provisions of the Sarbanes-Oxley Act could receive a reprieve
from federal regulators weighing a one-year extension. Section 404 of the act requires public corporations to assess their
internal accounting controls to ensure their financial reporting is accurate-and requires accounting firms to vouch for those
controls. To comply with the act, which was enacted in the wake of financial scandals at Enron Corp. and MCI WorldCom, public
companies have devoted thousands...
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March 12, 2007
Scott OlsonA bill weaving its way through the Indiana General Assembly could give the state an edge in attracting and growing the type
of high-tech ventures several states covet. Indiana House Bill 1461, introduced by Rep. Brian Bosma, R-Indianapolis, advanced
to the Senate after sailing through the House of Representatives on Feb. 26 by a vote of 95-3. The legislation that was referred
to the Senate's Economic Development and Technology Committee would provide a tax incentive that would shield income from...
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I'm sure there are others, but his name automatically came to my mind
Houdini
magician on the court
STEVE MARTIN - funny magic
It has to be Houdini!