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10,246 results for 'Funding'

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    Susie Ripley

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Articles

Startup receives first Indiana Seed Fund investment: Purdue-bred SonarMed plans move to Indianapolis

February 27, 2006

Until recently, SonarMed Inc., a startup developing a new type of breathing tube, was just a mailbox at Purdue University. But having recently been awarded the first investment from the BioCrossroads’ Indiana Seed Fund, SonarMed plans to move into office space in Indianapolis, hire 15 to 20 employees before the end of the year and begin seeking U.S. Food and Drug Administration approval for its device. The Indiana Seed Fund was formed last summer and now has $6 million to…

City’s cultural districts take artful approach: Five areas use $250,000 in grants on original public art projects

February 13, 2006

Two wall-size murals now welcome people to Massachusetts Avenue. An abstract sculpture that looks like an Alexander Calder tribute sits on a bridge in the Canal District. A towering blue and green obelisk marks the north end of Broad Ripple on College Avenue. The works aren’t part of an elaborate conspiracy by a renegade public artist. They’re the result of two years of careful planning by the city’s Cultural Development Commission. In 2003, the commission designated five areas of the…

Ex-Winona owner under fire: Leland Medical Centers CEO faces fraud accusations, questions about his own bankruptcy

February 13, 2006

Accusations of fraud and other misconduct are piling up against the former owner of Winona Memorial Hospital. Two companies recently joined Winona’s creditors in questioning money transfers made by Texasbased Leland Medical Centers Inc., which owned the nowdefunct Indianapolis hospital from 2002 until a short time before it closed in 2004. Meanwhile, lawyers sorting through the liquidation of Winona still have no explanation for why Leland took $3.6 million from the struggling Indianapolis hospital before it slid into bankruptcy and…

BRIAN WILLIAMS Commentary: Health care is hurting Indiana’s economy

February 13, 2006

Nearly 875,000 Hoosiers lack health insurance, including 165,350 children. Lack of health insurance takes a devastating toll on Hoosiers and the state’s economic health, and the effect of the uninsured will only get worse as their numbers grow. As companies confront rising health care costs, the obvious solution is dropping or scaling back health-insurance benefits. As a result, the number of uninsured increases, resulting in a premium cost shift to the insured and increased cost for government-provided health care. Over…

IPOs take minor dip in 2005: Analysts stay optimistic; 3 Indiana companies set to go public in early ’06

January 30, 2006

Three Indiana companies took the plunge to go public last year, two less than the number that did so in 2004. The state’s slight dip in initial public offerings mirrors the slump in activity nationally. But Indiana appears to be off to a fast start for 2006. Three other Hoosier companies filed to go public late last year, but had yet to complete their IPOs by year’s end. Overall, the number of companies that went public on the major U.S….

African-American museum pushes back opening date: Group starts public fund-raising campaign Feb. 4

January 30, 2006

Civic leaders announced in 2004 they hoped to raise $50 million to build the Indiana Museum of African American History in White River State Park by 2008. On the eve of the museum’s first public fund-raiser-a black-tie dinner at the downtown Westin Hotel on Feb. 4-officials acknowledge plans have changed for the 120,000-square-foot building. In 2004, a feasibility study, paid for with $800,000 in seed money raised from groups including Lilly Endowment Inc., showed the aggressive fund-raising and construction schedule…

NOTIONS: Will House protect Hoosier families?

January 30, 2006

Last fall, the Greater Indianapolis Chamber of Commerce invited members to an event called “Pancakes and Politics.” The invitation said that Indiana House Speaker Brian Bosma would preview the upcoming legislative session. Ever curious, I e- mailed the Chamber and said I’d attend. When I arrived, I was puzzled. There were, indeed, pancakes. Bosma was working the crowd. But instead of signaling a legislative overview, the PowerPoint slide on the screen said we’d be hearing about the accomplishments and goals…

Bills push for health incentives: Measures dangle carrots to quit smoking, shape up

January 30, 2006

A couple of state senators want to tame rising health care costs by delivering extra motivation to help government workers get in shape and other employees quit smoking. Sen. Vi Simpson, DEllettsville, has introduced a bill that would knock $100 off the annual health insurance premiums of state employees who complete a yet-to-be-designed wellness program. Sen. Beverly Gard, RGreenfield, is pitching legislation making it easier for employers to dangle incentives to curb smoking. That could lead to cash rewards for…

IPOs take minor dip in 2005: Analysts stay optimistic; 3 Indiana companies set to go public in early ’06

January 23, 2006

Three Indiana companies took the plunge to go public last year, two less than the number that did so in 2004. The state’s slight dip in initial public offerings mirrors the slump in activity nationally. But Indiana appears to be off to a fast start for 2006. Three other Hoosier companies filed to go public late last year, but had yet to complete their IPOs by year’s end. Overall, the number of companies that went public on the major U.S….

African-American museum pushes back opening date: Group starts public fund-raising campaign Feb. 4

January 23, 2006

Civic leaders announced in 2004 they hoped to raise $50 million to build the Indiana Museum of African American History in White River State Park by 2008. On the eve of the museum’s first public fund-raiser-a black-tie dinner at the downtown Westin Hotel on Feb. 4-officials acknowledge plans have changed for the 120,000-square-foot building. In 2004, a feasibility study, paid for with $800,000 in seed money raised from groups including Lilly Endowment Inc., showed the aggressive fund-raising and construction schedule…

NOTIONS: Will House protect Hoosier families?

January 23, 2006

Last fall, the Greater Indianapolis Chamber of Commerce invited members to an event called “Pancakes and Politics.” The invitation said that Indiana House Speaker Brian Bosma would preview the upcoming legislative session. Ever curious, I e- mailed the Chamber and said I’d attend. When I arrived, I was puzzled. There were, indeed, pancakes. Bosma was working the crowd. But instead of signaling a legislative overview, the PowerPoint slide on the screen said we’d be hearing about the accomplishments and goals…

Bills push for health incentives: Measures dangle carrots to quit smoking, shape up

January 23, 2006

A couple of state senators want to tame rising health care costs by delivering extra motivation to help government workers get in shape and other employees quit smoking. Sen. Vi Simpson, DEllettsville, has introduced a bill that would knock $100 off the annual health insurance premiums of state employees who complete a yet-to-be-designed wellness program. Sen. Beverly Gard, RGreenfield, is pitching legislation making it easier for employers to dangle incentives to curb smoking. That could lead to cash rewards for…

VIEWPOINT: Foreign study deserves government support

January 16, 2006

The goal of “crosscultural understanding” is now practically a mantra at every university, and the federal government has joined the chorus. President Bush has proclaimed, “America’s leadership and national security rest on our commitment to educate and pre pare our youth for active engagement in the international community.” And in November, the U.S. Senate designated 2006 as the “Year of Study Abroad.” The Senate resolution maintains that education abroad promotes the nation’s “security, stability and economic vitality.” It notes with…

Celadon says inland port would be economic boon to state: Putting customs clearing here would speed crossings

January 16, 2006

Celadon Trucking plans by the end of April to install global positioning satellite devices on 1,350 of its trailers, an application of technology that could pave the way for an inland cargo port in central Indiana. Tom Glaser, president of one of the largest trucking lines hauling goods between the United States, Mexico and Canada, plans to urge state economic development officials to build a multimodal port in Indiana that would include Mexican and Canadian customs-clearing facilities. Officials would inspect,…

EYE ON THE PIE: Indiana turning toward Houdini plans

January 16, 2006

“What should the Indiana General Assembly do during this session?” The question came from Ralph Write, a newly minted reporter. “I’m glad you asked,” I replied. “Simple solutions from simple people would be simply spectacular. But the issues are complex and I don’t know if the legislators have the information they need to decide intelligently any of the major questions before them. “For example,” I expounded, as Ralph took more notes than were warranted by my remarks, “there is the…

BRIAN WILLIAMS Commentary: High school dropouts are hard on city

January 9, 2006

Indiana has made significant progress in establishing some of the most demanding standards for primary and secondary students. However, Indiana’s and the nation’s educational system can also be characterized by low high school graduation rates; no standard for calculating graduation rates; persistent achievement gaps along racial and economic lines; a decline in “second chance” opportunities for high school dropouts; a general inability to attract and retain highquality teachers, especially in underperforming schools; and a bureaucratization of school structure that undermines…

STATEHOUSE DISPATCH: Passing ‘Major Moves’ initiative will mean major work

January 9, 2006

While most Hoosiers are focused on just how legislators are going to be able to cut residential property taxes again this year, the real battle to watch will be the one over what Republican Gov. Mitch Daniels refers to as the jobs program of a generation or more-his “Major Moves” roads initiative. What he wants boils down to this: finding a funding source for road building and repair that will not rely upon taxes. He made it clear shortly after…

CHRIS KATTERJOHN Commentary: Early learning is key to success

January 9, 2006

It was encouraging to see Gov. Mitch Daniels and Indiana Superintendent of Education Suellen Reed team up recently to offer a plan by which school districts might share resources to free up extra money that could pay for more teachers and classroom resources. One option suggested for the freed-up funds was statewide fullday kindergarten. While multiple uses for the money can be found, it’s clear an emphasis on kindergarten is a good way to go, as most experts now agree…

SPORTS: The good, the bad and the hoped for in sports

January 2, 2006

Even with some disappointments sprinkled in (Ron Artest, Purdue football and no state teams in the NCAA men’s basketball tournament), 2005 was an outstanding year for sports in Indiana. But 2006 will be even better. In that vein, we look back, and we look ahead: Best local sports stories of 2005 1) The passing of the funding mechanisms at the state and local levels that led to the Sept. 20 groundbreaking for Indiana Stadium. While Reggie Miller’s retirement from the…

AGENDA INDIANAPOLIS 2006: City made progress in some areas, but top priorities require more work

January 2, 2006

The wheels are beginning to turn on a multi-county transit plan, now that the Central Indiana Regional Transportation Authority is mostly in place. The authority, charged with coordinating and, ultimately, administering a regional transit system, was formed at the end of 2004, about the time IBJ asked readers to rank the most pressing issues facing the city. The results of the survey, published last January, revealed public transportation and congestion issues as the largest concern, followed by the need for…

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