2019 Innovation Issue: This family-held enterprise embraces innovation
Four generations are involved The Heritage Group, which owns dozens of companies employing more than 6,000 people.
The Heritage Group
Articles
Local maker of organic oils rakes in $9.5M in venture funding
The round of financing was led by Indianapolis-based HG Ventures, which is the corporate venture arm of a major shareholder in Biosynthetic Technologies.
Venture firm invests $8.3M in local startup with fat-replacement product
Indianapolis-based Epogee LLC has developed a fat substitute to reduce the calories in sweets and other comfort foods. The new investment will allow the firm to scale up.
Local venture firm invests $2.5M in company that makes food from waste
Renewal Mill is the first announced recipient of funding from HG Ventures, the venture capital arm launched last year by the Indianapolis-based Heritage Group.
Heritage Group founder Fehsenfeld remembered as ‘revolutionary builder’
Fred M. Fehsenfeld, who died Nov. 28 at 94, built an Indianapolis-based company that employs 6,500 people around the world in the core industries of environmental and remediation, specialty chemicals and fuel products, and construction and materials.
Venture Club’s Innovation Showcase is a go
After InXInnovate LTD suddenly cancelled its local event this fall, the Venture Club of Indiana was forced to hustle to re-schedule their annual Innovation Showcase. With the help of The Heritage Group and other corporate supporters, it’s now set for October.
Heritage Group aims to boost startup ecosystem with accelerator
The Heritage Group announced it is partnering with worldwide entrepreneurial mentoring network Techstars to start a business accelerator that officials said will boost local startups and raise the region’s profile with venture capitalists.
Family-run firm to invest $50M annually via venture arm
Based in Indianapolis, The Heritage Group plans to look for investment opportunities globally but has a strong interest in investing in innovative ventures in its own backyard.