Despite IndyCar’s modest progress in recent years, it still faces significant obstacles, including the need for more corporate sponsorships, a broader fan base and higher TV ratings.
A deal that will make Penske Corp. the owner of Indianapolis Motor Speedway and the IndyCar Series received overwhelmingly positive reactions from motorsports insiders on Monday morning.
University research budgets and federal funding levels are seen as increasingly important drivers of economic development as they give rise to more licensed technology and startup companies.
The curtain is set to be raised on a nightly five-minute patriotic light and sound presentation that local officials say will cast Monument Circle in a whole new hue and could draw tens of thousands of people annually to the iconic landmark.
Dating web sites are notorious for being clogged with questionable characters exhibiting bad online behavior. Aeyai Saengkeo is launching Good Apples Dating to address that problem.
The 15-year-old tabloid’s editor, publisher and owner hopes that eliminating the time spent producing and delivering the paper will free up resources for producing more content on its website.
Colleges nationwide are launching angel networks that connect business executives and investors with entrepreneurs and startups with ties to the school.
Indianapolis orthodontist Jeff Biggs has been putting smiles on people’s faces for two decades. Now he’s hoping to put smiles on the faces of orthodontists themselves with a new one-stop online marketplace to launch early next month.
LaToya Johnson launched AwayZone, which she describes as a kind of digital Green Book, in Indianapolis in late 2017. She already has commitments from dozens of corporations to pay for monthly subscriptions to be a part of the app and has a plan to boost revenue to $4.1 million by 2022.
A Purdue University-affiliated startup recently received a $6.9 million grant from the Department of Energy to develop a system to predict when nuclear reactor components need maintenance or replacement before they fail and cause power outages.
WISH-TV said the hiring will be part of “an unprecedented news coverage expansion initiative being rolled out over the next several months” by the station’s new owner.
The ball is in the NCAA’s court as attitudes change about allowing players to receive compensation from third parties for sponsorships, youth camps, YouTube channels and more.
When professor Ryan Rogers began teaching Butler University’s first class entirely on esports in the spring of 2018, he looked high and low for books and course materials on the subject. When he didn’t find much, he decided to create his own book.
The most recent round of funding was led by New Jersey-based growth equity investor Edison Partners. Prior investors also participated in the round.
A seed is an appropriate metaphor for Beck’s Hybrids, while its competitors in the fast-consolidating farm-seed industry might be compared to the towering plant in Jack and the Beanstalk.
Cleveland-based Everstream Solutions LLC announced Tuesday that it has agreed to buy a 200-plus-mile Indianapolis-based fiber network from Dallas-based DataBank Ltd. and quadruple the network’s size. The service area will expand to cover Indianapolis and parts of Hamilton County.
As a former police officer, Jordan Hetlund knows the value of keeping track of police dogs that can represent a five-figure investment for cities and towns. As a dog-lover, the native Hoosier knows how precious pet dogs and cats are to their owners. So in 2017, he founded Indianapolis-based Furtrieve LLC and spent a year developing a device that helps track the whereabouts of domestic animals.
Zylo is a software-as-a-service company that helps enterprises manage other SaaS subscriptions. It was launched out of High Alpha Studio, the Indianapolis-based startup and venture firm.