State's latest startup: Startup Indiana

April 20, 2012
Back to TopCommentsE-mailPrintBookmark and Share

Indianapolis’ startup community has emerged from the coffee shop and exploded into the mainstream, proving the American dream is alive and well despite our recent economic nightmares.

Case(s) in point: Networking group Verge draws hundreds of young tech entrepreneurs to monthly meetings where they exchange business cards and ideas. The 5,750-square-foot Speak Easy venue—billed as a “Moose Lodge for geeks”—serves as a gathering space for the in crowd. And business-ownership classes offered in community centers around the city are attracting more participants than ever before.

Now entrepreneurs have another tool at their disposal. On April 25, local organizers will launch Startup Indiana, a regional affiliate of the Startup America Partnership.

The national initiative aims to “dramatically increase the development, prevalence and success of innovative, high-growth U.S. firms,” White House officials said in announcing the project in January 2011.

Startup America is led by Scott Case, founding chief technology officer of Priceline.com. The partnership brings together entrepreneurs, funders and other leaders to help promising startups succeed.

Business owners apply for membership and then gain access to an array of resources, including more than $1 billion in funding and services donated by national partners like Intel Capital and IBM.

“It’s a national voice for the startup community,” said Matt Hunckler, president of Verge and the chief organizer of Startup Indiana.

The regional offshoots—Indiana will be the 20th after Kentucky launches Friday—serve the same purpose on a local level, nurturing startups and uniting the state’s entrepreneurial community.

The state already has plenty of success stories to emulate, Hunckler said, citing newly public tech firm ExactTarget and consumer ratings agency Angie’s List. But obstacles nevertheless remain, and he wants Startup Indiana to help entrepreneurs navigate them.

“What are the biggest pain points?” he said. “I have some ideas, but we need to map the startup landscape and figure out what the main issues are. From there, I hope our team will be able to find solutions.”

Although Verge focuses on tech startups, Hunckler said Startup America is more inclusive, targeting “any small business that has potential to be a big business.”

Finding funding and talent can be challenges in all kinds of businesses, and Hunckler said Startup Indiana’s ties to the national initiative will provide a deeper pool of resources for local entrepreneurs.

The connection to other startup regions also could give organizers a feel for the issues other communities are facing—and how they’re resolving them. Such “coop-etition,” as Hunckler calls the friendly rivalry, provides valuable insight.

“Ultimately, we want our community to be the nation’s premier startup community,” he said.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
  1. Here are a few candidates for this new group, "ripped from the headlines." First up, that bizzaro State Senator Brent Waltz; secondly, the unethical Todd Huston, and his contractual arrangements scheme; Finally, but not least of all, the dishonorable Eric Turner. What sayeth you Greg Zoeller?

  2. Good day. I can't hide this great testimony that take place in my life I will love everyone to know it and be partaker that is why I always place it on answer, I am Mrs,Natalie Cuttaia by name, I live in Texas, United State Of America, I want to thank (Mr.Bruce Brandon) for his kindness upon my family life. I never knew that there is still nice lender like this on internet and earth here. Just some Months Back, I was in search for a loan of $100,000,00 as I was running out of money for feeding and rent. I was scammed $6,800 Dollars and I decided not to involve my self in such business again but a Friend of my introduced me to a loan firm due to my appearance and doings. And I told him that I am not interested of any loan deal anymore but he told me that there is still a nice lender who he will recommend me to, and I made a trial and I am most grateful lucky am I today, I was given a loan amount of $100,000.00usd, by this great Company (Bruce Brandon Loan Company) managed by (Mr.Bruce Brandon) If you are in need of a genuine or legit loan or financial assistance and you can be reliable and trusted of capable of paying back at the due time of the funds I will advice you to, contact him via: ( bruce.brandon071@gmail.com ) And you will be free from scams in the internet. All thanks to Mr.Bruce Brandon You are the one who remove me and my family out of poverty. The reason why i am doing this is that, i promise Mr.Bruce Brandon that if i truly got my loan, i will advertize his company and bring customers to his company. Contact him via ( bruce.brandon071@gmail.com )for the Loan you have been looking for..

  3. Hello, We are firm Organization formed to help people in needs of helps,such as financial help. So if you are going through financial difficulty or you are in any financial mess,and you need funds to start up your own business,or you need loan to settle your debt or pay off your bills,start a nice business, or you are finding it hard to obtain capital loan from local banks,contact us today via email mrsroseberrywilkinsfunds.usa@gmail.com So do not let these opportunity pass you by because Jesus is the same yesterday, today and forever more. Please these is for serious minded and God fearing People. Your Name: Loan Amount: Loan Duration: Valid Cell Phone Number: Thanks for your understanding to your contact as we Await Regards Management Email:mrsroseberrywilkinsfunds.usa@gmail.com

  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.

  5. Aldi is generally a great shopping experience. Still, I'm sure YOU wouldn't want to shop there, which I consider a positive.

ADVERTISEMENT