NOVEMBER 17-23, 2014

Failing is good. Failing is necessary. In startup hotbeds across the country, entrepreneurs view failure as a badge of honor and useful tool. This week, Jared Council asks local risk-takers to spill their guts. Also in this issue, J.K. tries to suss out the lesson in the surprisingly low scores for charter schools this year. And in A&E Etc., Lou Harry interviews Hoosier (and winner of “The Voice”) Josh Kaufman about his starring role on Broadway.

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Investors find value in entrepreneurs who fail

November 13, 2014 | Jared Council

While Midwest venture capitalists are still relatively conservative compared to those on the coasts, failure is increasingly carrying more of an edge and less of a stigma.

Hudnut statue to honor ‘people’s mayor’

November 13, 2014 | Cory Schouten

The statue at the northwest corner of Maryland Street and Capitol Avenue is scheduled for dedication Dec. 14, fittingly before an Indianapolis Colts home game.

Charters’ grades fall, spurring concerns

November 13, 2014 | J.K. Wall

The percentage of Marion County charter schools receiving a D or an F from state regulators has spiked from 30 percent two years ago to 54 percent this year.

West Clay legal tangle halts land sales

November 13, 2014 | Andrea Muirragui Davis

Last year’s residential building boom in the Village of West Clay has proven to be short-lived, as an ongoing dispute between the developer and its lenders halted land sales in the upscale Carmel neighborhood.

Councilors to get peek at justice center plans

November 13, 2014 | Kathleen McLaughlin

Some city-county councilors might get early access to information about a new criminal justice complex, but they have to agree to keep it under wraps.

State’s publicly traded retailers aim to cash in on bright holiday forecasts

November 13, 2014 | Scott Olson

Shares of The Finish Line Inc., HHGregg Inc. and The Shoe Carnival Inc. all have lost value this year and are trailing major stock indexes by a wide margin.

Carmel click-bait giant ZergNet nabs $3.2M in private equity

November 11, 2014 | Jared Council

The Internet company that claims Dallas Mavericks owner and “Shark Tank” dealmaker Mark Cuban as its seed funder has added more financial backers.

Milhaus redeveloping Fletcher Place building for HQ

November 11, 2014 | Scott Olson

The apartment developer will spend $2.5 million to rehab the vacant building along Virginia Avenue as part of a project that will include 2,400 square feet of retail space.

Butler Nissan dealership in Fishers changes hands

November 13, 2014 | Andrea Muirragui Davis

Ed Martin Auto Group has taken over the Butler Nissan dealership in Fishers, but it’s not clear yet what the change means for Ed Martin’s Indianapolis Nissan outlet.

State seeks private manager for downtown parking

November 10, 2014 | Kathleen McLaughlin

The Indiana Department of Administration is seeking a vendor to manage its downtown garages and lots, a move that could make current employees the last state workers to enjoy free parking.

Non-industrial users have little clout on electricity prices

November 12, 2014 |

Manufacturers and other big users band together to lobby, but the vast majority of businesses have no collective ability to drive down their electricity costs.

HALE, NEGELE: Bring more transparency to Indiana energy bidding

November 12, 2014 | Christina Hale Hale / Special to IBJ and Sharon Negele / Special to IBJ

As legislators on committees dealing with energy and utilities, economic development, agriculture and state finances, we are hearing from a growing number of businesses, big and small, as well as schools and individual constituents, sounding an alarm over rising electricity rates.

Indianapolis Business Journal