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Articles

Autism’s rise challenges local agencies: Those with disorder face difficulties in locating meaningful employment

June 4, 2007

Experts haven’t pinpointed the exact reason, but they do know one thing-the rate at which children are being diagnosed with autism has been rising. About one child in 150 is diagnosed by the age of 8 with autism or a related autism spectrum disorder such as Asperger’s syndrome, according to a recent study by the Centers for Disease Control and Prevention. That rate is up about 10 times from the 1980s. Experts have a variety of theories to explain the…

Jazz Fest ditches Ticketmaster

June 4, 2007

Two weeks before the annual Jazz Fest begins, donations and corporate sponsorships are running about $150,000 short of the $1.3 million budget. So organizers are aiming to boost ticket sales by eliminating the $8.50 Ticketmaster fee.

WellPoint fights Schwarzenegger with ads

June 1, 2007

Three months ago, WellPoint Inc. executives were making trips to California to politely discuss their concerns with Gov. Arnold Schwarzenegger’s universal health insurance plan. Apparently that didn’t work so well. Now, WellPoint’s subsidiary in California-Blue Cross of California-has launched a newspaper and TV campaign opposing Schwarzenegger’s plan because it would require insurers to sell policies […]

Hancock job training group in financial peril

June 1, 2007

Alliance for Community Education, a not-for-profit that offers job training in Hancock County east of Indianapolis, faces an uncertain future because it is generating only $36,000 in annual revenue instead of the target income of $140,300. If more funding isn’t found, its resources will be drained by the end of the year, according to the […]

BioStorage receives $8.3 million in venture capital

May 29, 2007

Indianapolis-based BioStorage Technologies Inc. said today it has raised $8.3 million in venture capital funding. Led by Radius Ventures of New York, other investors included Spring Mill Venture Partners of Carmel, Village Ventures of Williamstown, Mass., and Twilight Venture Partners of Indianapolis. BioStorage focuses on pharmaceuticals and other biomaterials, and recently expanded into Europe.

UPDATE: Irsay vows to land Super Bowl another day

May 22, 2007

NASHVILLE, Tenn.-Indianapolis will get a Super Bowl, Colts owner Jim Irsay said today. When is another matter. NFL owners voted this afternoon to play the 2011 game at the 100,000-seat Cowboys Stadium in Arlington, Texas. The decision, which Irsay said came down to a 17-15 vote, dashed Indianapolis’ hopes of strengthening its status as a […]

VOICES FROM THE INDUSTRY: Infrastructure is costly to improve, but costlier to ignore

May 21, 2007

A recent article in Strategy+business magazine estimated that “the world’s urban infrastructure needs a $41 trillion makeover” between now and 2030. The article explained that $41 trillion is roughly equivalent to the “2006 market capitalization of all shares held in all stock markets in the world.” Some experts think that “new technology” will be the answer, and it may be when nanotechnology takes over the world. For now, however, the trend usually reinforces the trend, and we do the same…

Breaking bread, breaking down barriers: International Center pairs local hosts, visiting delegates to promote cultural understanding

May 14, 2007

International Center pairs local hosts, visiting delegates to promote cultural understanding When a group of Iraqi editors and writers visited Indianapolis last summer as part of the U.S. State Department’s International Visitor Leadership Program, they learned about American journalism and Hoosier hospitality. Florence May, a member of the International Center of Indianapolis’ board and president of Simply Hospitality-an Indianapolis-based special-event planning company-hosted the group for dinner in her home. May grew up in a military family and has lived throughout…

Transit junkie boards IndyGo: New VP of operations hails from Columbus, Ohio’s bigger bus line

May 14, 2007

Milwaukee native Trevor Ocock figures his interest in transit dates to age 3. At least that’s what his mother tells him. But the transit bug overtook him at Franklin University in Columbus, Ohio, as he was earning a degree in business administration and human resources management. Soon, he was washing buses for Ohio State University’s transit line. Later, he drove an OSU bus-met lots of ladies that way-and eventually became its operations manager. “I have always liked to be around…

Lack of money could torpedo Ohio River bridge project

May 11, 2007

Indiana can pay its share of replacing the aging truss bridge linking Madison and Milton, Ky., but Kentucky can’t afford its portion of the long-planned project. Funding prospects are so bleak that Kentucky not only can’t go ahead with the $500 million bridge, but is putting off three other Ohio River bridges, according to Indiana […]

STATEHOUSE DISPATCH: Gambling quenched lawmakers’ appetite for new revenue

May 7, 2007

The 2007 session of the Indiana General Assembly is now history. Whatever else might have been involved in shaping its outcome, nothing was so determinative as the revelation in the closing days that property taxes-driven by the first application of trending, rising property values in general, the elimination of the inventory tax, and some old-fashioned political legerdemain on the part of some assessors in different regions of the state-were expected to rise an average of 24 percent for taxes payable…

Museum seeks leader to stem attendance slide

May 7, 2007

The new Indiana State Museum building–a 230,000-square-foot study in glass, steel and limestone–opened in 2002 to blockbuster
attendance, with nearly 260,000 of its 614,000 total visitors checking out the exhibits. Fast forward to its five-year anniversary
and the news isn’t so rosy.

Informatics job ‘special’ to dean: New leader of prominent IU school says no other offer could have lured him away from Colorado

May 7, 2007

Even before Bobby Schnabel became a candidate to take charge at the Indiana University School of Informatics, he knew enough about the program to know he wanted to lead it. By ending his 30-year affiliation with the University of Colorado at Boulder, Schnabel, 56, officially exchanges the black and gold of the Buffaloes for the cream and crimson of the Hoosiers on July 1. But of even greater significance is the fact that IU sought Schnabel to succeed J. Michael…

Design changes afoot for state Web pages: Online renovation includes search-engine upgrade that features Scott Jones’ ChaCha instead of Google

May 7, 2007

A redesigned state Web portal unveiled last month should make it easier for Hoosiers to plow through mounds of government minutia. But, more important, the revamping set to be finished in mid-2008 represents a major shift in state policy. By contracting with locally based ChaCha Search Inc.- tech entrepreneur Scott Jones’ new humanassisted Internet search engine-the state no longer relies solely on big, name-brand computer technology such as Microsoft. “We have somebody who is local and excited about taking the…

Flood of traffic latest twist in RiverPlace battle: Indianapolis planners find traffic impact study for Fishers project leaky

May 7, 2007

Environmentalists who lost a court battle to stop RiverPlace on grounds it will cause flooding upstream along the White River have been buoyed by concerns raised by Indianapolis officials that the 69-acre development could create a torrent of traffic trouble. Last month, in a letter sent to Fishers’ public works director, the Department of Metropolitan Development cited numerous shortcomings with a traffic impact study commissioned by RiverPlace developer Centre Properties. Indianapolis-based Centre has asked Fishers to rezone the property, just…

Growing medical technology bags major VC investment: Bloomington-based ProCure hopes to build national network of proton-therapy clinics after luring $35 million

April 30, 2007

If you’re as smart as a fifth grader, you know that a proton is a basic particle in an atom’s nucleus that has a positive electrical charge. What might be less well known is that proton therapy is becoming the preferred treatment for certain types of tumors. But here’s the real stumper: The man leading a mission to build and operate a nationwide network of proton-therapy clinics is a Bloomington researcher whose startup received a $35 million cash infusion in…

BEHIND THE NEWS: Housing slowdown roils state’s mortgage industry

April 30, 2007

Home lending might sound like a staid business. But anyone weathering the changes now sweeping through the Indiana mortgage market knows otherwise. Last year, we saw the sale of two huge Indiana-based home lenders-Fort Wayne-based Waterfield Mortgage and Fishers-based Irwin Mortgage. Also sold was Carmel-based Oak Street Mortgage, which not long ago had been a high-flier poised to go public. These weren’t cases of owners cashing out at the top of the market. Quite the contrary. Irwin Mortgage had become…

Charity sees hope in Third World ‘micro’ lending

April 30, 2007

In the village of Armenia, in western El Salvador, the Barahona Bautista family last month got a $246 loan to start a pig
farm from Ambassadors for Children. Micro loans are new to Ambassadors, which assists children in more than a dozen countries.

Embarking on a new Venture: New leader planning progressive changes at center, not a total revamping

April 30, 2007

The new leader of the Indiana Venture Center is beginning to put his stamp on the not-for-profit that mentors promising startups. James Eifert, 64, is the former president of Terre Haute-based Rose-Hulman Ventures who took charge of the center in December following the July resignation of Steve Beck. Beck left to become co-managing director of IVC Equity Partners, a new local seed-capital fund. Chief items on Eifert’s to-do list are broadening the donor base, revamping the Venture Center’s proprietary network…

Wikipedia for art?: IMA leads $1M project to bring museums to the masses

April 23, 2007

The Indianapolis Museum of Art took over administration this month of a national effort to develop an online database that could make art more accessible to the masses. The two-year project, which got rolling last fall with $1 million in funding, revolves around a Web site that allows aficionados to look at images of artwork held by 10 museums and input descriptions in their own words. Museums then could use the free software for search engines where everyday people can…

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