Editorial: Indiana making progress in quest to boost venture capital funding
But Hoosier startups still need greater supply of ‘oxygen.’
IBJ Staff
Articles
Whitestown manager Dax Norton takes job as government consultant
Norton will be tasked at MS Consultants with helping counties, cities and towns develop systems for day-to-day management of all administrative and governance functions and to raise money for projects and economic development.
Indianapolis-area homebuilders end stellar year with slowdown
Despite the disappointing closing month, 2018 turned out to be the busiest year for local builders in more than a decade.
Hoosier companies see big surge in venture capital investment
Venture capital raised by Indiana companies more than doubled in 2018 compared with 2017’s total, according to the latest report by PitchBook-NVCA Venture Monitor.
Books & Brews acquires local craft brewery Flat12 Bierwerks
The acquisition continues a partnership that began two years ago when Flat12 Bierwerks began brewing all of Books & Brews’ flagship and seasonal beers.
Local partnership acquires chain of 31 Indiana liquor stores
A group composed of a former medical equipment executive, Indiana’s former secretary of commerce and the chairman of the Indiana Republican Party has acquired Save-On Liquors.
ClearObject CEO: ‘If cash is oxygen, we just strapped on a big oxygen tank’
The fast-growing firm in the ‘internet of things’ segment has taken on new majority owners for access to more capital and to keep up in the fast-moving industry.
International School names new leaderemplate
The International School of Indiana board has named a Colorado native who most recently was leading a bilingual school in Costa Rica to be its head. Elizabeth Head will be the first female leader in the International School’s 25-year history and brings more than 20 years of international experience and bilingual leadership to the school. […]
Private equity firm’s bid for Gannett is bad news for IndyStar, Indianapolis
Every city needs a great daily newspaper. And so it has been frustrating to watch over the years as Gannett Co. has reduced the staff at The Indianapolis Star, which it purchased in 2000. Round after round of layoffs has decimated the newsroom. In 2007, The Star boasted some 230 employees. By 2011, that number […]
Records
Announcements South Indy Family Dentistry, providing restorative dentistry, dental whitening, missing teeth replacement and preventative care and cleaning services for patients of all ages, has relaunched with Dr. Jillian Brady. Contact (317) 889-6000; [email protected]. Premikati, an Indianapolis based, woman-owned procurement strategy consulting and BPO firm has partnered with SAP to create the Premikati Marketplace by […]
Former Rep. Luke Messer joins FaegreBD consulting team in D.C.
Messer will co-lead the firm’s federal advocacy team with FaegreBD principal Ted Bristol, who served as legislative advisor to senior Democrats in the U.S. House and Senate.
Goody’s stores to be replaced by Gordmans in six central Indiana cities
Stage Stores Inc., a Houston-based retailer that operates nearly 800 stores nationwide, plans to close six Goody’s stores in central Indiana next month and replace them with Gordmans stores in March.
Infosys to Indiana, the real story
Want to hear the real story behind how a global IT consulting firm chose Indianapolis to employ 3,000 Hoosiers in new-economy technology jobs and create a $250 million high-tech campus on the old Indy airport property? All you have to do is travel to Bangalore, India, and visit the Infosys campus to hear the story firsthand […]
Editorial: ‘Thousand points of light’ still vital to confronting challenges
More than just brick-and-mortar projects, Eastern Star’s good work depends on the dedication of parishioners who are committed to making a difference one person at a time. The emphasis on interpersonal relations is a quality usually missing from big government programs.
Ten local service organizations land $48M from Lilly Endowment
The grants, which range from $1 million to $10 million, are expected to help the not-for-profits strengthen their long-term financial sustainability plans, the endowment said.
Former Cook Group unit plans $100M expansion, 200 jobs in Indiana
A New Jersey-based company that acquired Cook Group’s drug-delivery technology unit in late 2017 has plans for a major expansion.
Martin University pulls new president from staff at UIndy
After conducting a national search, the black liberal arts college on Indianapolis’ east side has hired a diversity and inclusion officer at UIndy to replace outgoing leader Eugene White.
Beauty Brands closing 25 stores, including three in Indianapolis area
The regional chain of salon and spa superstores plans to close all but one of its locations in the Indianapolis area as part of a major corporate restructuring.
Endowment’s cultural grants lead to great community ideas
Kudos to Lilly Endowment Inc. for the $49 million in grants it distributed last month to organizations for cultural projects that will likely spur additional development and impact the city for decades. The money came through a one-time program—Strengthening Indianapolis through Arts and Cultural Innovation—that the endowment established to foster community building in the city. Initially, […]
New-home applications still rising in Indianapolis area
Indianapolis-area homebuilders saw a surge in construction permits for new houses in November, marking the 14th straight month of year-over-year increases.