With so many ways to pay for retail purchases, how’s a consumer to choose?
What used to be a simpler checkout choice (“Cash or credit?”) has become more complex, fueled by tech-enabled options that have gained traction in recent years.
Susan Orr
Articles
Wisconsin-based investment firm opens Indianapolis office
Borgman Capital, a Milwaukee-based investment firm focused on acquiring midsize businesses, has established an office in Indianapolis. The office is led by Matt Kreutz, a longtime financial professional in the Indianapolis market. Kreutz joined the firm July 1 as managing director of deal originations. Currently, Kreutz is the firm’s only Indianapolis employee. But he said […]
Indianapolis scores ‘solid’ ranking in AI readiness, new report says
The Indianapolis metro area ranks 47th among the nation’s 195 large metros when it comes to artificial intelligence business activity, according to a new study from the Brookings Institution.
Marketing tech startup Backstroke lands $2.8M investment
Indianapolis-based marketing tech startup Backstroke Inc. has raised a total of $4.8 million in outside investment since its launch in 2024.
New federal rules upend rural broadband initiative
Late-stage changes to a program meant to expand high-speed internet into rural and hard-to-serve areas have left Indiana providers scrambling to decide whether to rework their proposals to meet new rules and reapply for funding ahead of a September deadline.
Fishers-based Robosource scores funding from Tim Tebow’s investment firm
Robosource is set to launch its first software product, a tool called Process Coach, in October with help from the round of investment funding.
Indianapolis biz leader picked to lead new state Office of Entrepreneurship and Innovation
Indiana’s new Office of Entrepreneurship and Innovation is expected to focus on Main Street businesses—small businesses that are not venture-backed, not easily scaled and found in many towns and cities across the state.
Data center projects facing local pushback
Four data center proposals in the Indianapolis area are facing a dynamic that’s emerging here and elsewhere: The operators working to build data centers here vs. the neighbors trying to stop them.
Avon real estate agent involved in dozens of lawsuits faces loss of license
Attorney General Todd Rokita is seeking to revoke the real estate license of Jeremy Tucker, an Avon real estate agent who has been sued dozens of times over local real estate deals.
Jack’s Donuts corporate turmoil affecting some local franchisees
Since last fall, four creditors have sued Jack’s Donuts of Indiana Commissary LLC for money they say they’re owed. Of those four cases, two have resulted in judgments against Jack’s totaling just over $888,000.
Pittsboro residents ask court to halt planned Hendricks County data center
Pittsboro officials annexed the property into the town late last year. In March, Pittsboro’s town council unanimously approved Vantage’s request to rezone the land.
Amid ongoing Elevate Ventures funding freeze, some companies approved for investments
Also, at Wednesday’s meeting, the IEDC board’s entrepreneurship committee updated the investment policy for the Indiana Angel Network Fund III LLC—the investment fund managed by Elevate Ventures through which the SSBCI money flows.
IEDC board approves incentives for four planned data center projects
The Indiana Economic Development Corp. estimates that the data center incentives are worth an estimated $168 million in total tax savings for the combined projects over the next 35 years.
Marketing firm Prolific partners with Elevate Ventures, bringing national news coverage to Rally conference
Elevate Ventures and Indianapolis-based marketing, strategy and investment firm Prolific have merged their fall conferences.
Northwest Bank opens first Indianapolis-area branch
Ohio-based Northwest Bank entered Indiana in 2020 with its acquisition of Muncie-based MutualFirst Financial Inc. and has plans to expand in the Indianapolis market.
INHP secures more than $12M for affordable housing efforts in Indianapolis
Most of that funding—$10.8 million—comes to the Indianapolis Neighborhood Housing Partnership in the form of loans from five Indiana-based banks.
Gener8tor’s new Bolt conference set for Indianapolis this fall
The Wisconsin-based startup accelerator is shifting its conference strategy to one large gathering irather than a handful across the U.S., a move expected to expand networking opportunities among investors and entrepreneurs.
Q&A with IU Innovate’s Julie Heath: Using entrepreneurship as a way to drive Indiana’s economy
IBJ talked with Heath last week during the Global Entrepreneurship Congress at the Indiana Convention Center about what IU Innovates has accomplished in its first two years and what’s next for the effort.
Noblesville-based Telemetry Sports acquired by North Carolina-based sports tech firm
Telemetry provides artificial intelligence, video and tracking analytics to help football programs with player evaluation, scouting, recruiting and planning. It’s used by 25 NFL teams.
Indiana-based Hallmark Home Mortgage to be acquired
One of the nation’s largest mortgage lenders is purchasing Hallmark, which has branches in Indianapolis, Brownsburg, Plainfield and elsewhere in Indiana.