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Emerging Tech, Johnson centers team up: Partnership links incubator’s startups with entrepreneurship students

October 24, 2005

Now as executive director of Indiana University’s Johnson Center for Entrepreneurship & Innovation, he has high hopes for his latest effort to introduce students to the real world of business. The Johnson Center, based in Bloomington, opened an office earlier this month at the Indiana University Emerging Technologies Center in downtown Indianapolis. The space gives MBA students the opportunity to provide consulting services to the 22 startups at the incubator. Unlike BSU seniors in the “spine-sweating” course who present an…

EYE ON THE PIE: Time to realign taxes with services

October 24, 2005

Many folks want to get rid of property taxes. They think property taxes are o l d – fa s h i o n e d , although most who think so have not thought through the issue. These property-tax abolitionists want to use income or sales taxes, which they contend are more “fair,” whatever that means. They forget that one aspect of “fairness” is to relate taxes to services received. This is called beneficiary taxation. An example of beneficiary…

BioStorage gets set for major expansion: Three-year-old local firm eyeing West Coast, Europe

October 24, 2005

The 60 industrial-size freezers standing in formation like soldiers at attention look unassuming from the outside, but their contents are invaluable. Stored at temperatures of minus-80 degrees Celsius, the millions of biological samples inside the far-west-side warehouse represent the future of disease research and drug development. The repository is operated by BioStorage Technologies, a 3-year-old venture created by a pair of researchers who met at the local office of Princeton, N.J.-based Covance Inc., a drug-development services firm. Oscar Moralez developed…

Affordable housing gets $2.3 million:

October 24, 2005

The City-County Council on Oct. 10 voted to allocate $1.5 million in federal grant money and $800,000 from the Indianapolis Housing Trust Fund toward affordable-housing efforts. One project that will benefit from the federal money is the Rink-Savoy redevelopment at Illinois and Vermont streets, which will create 62 rental units and five condominiums for low-income households. That project will receive $235,000. Westside Community Development Corp. will receive $248,000 to support the construction of 23 homes, all of which will be…

Cop merger might have just enough: Backers make concessions in effort to build majority

October 24, 2005

It’ll be close. But Mayor Bart Peterson may have just enough support to make his proposed police merger a reality. The City-County Council is expected to vote on the issue Oct. 31. Advocates are hurriedly negotiating with key players, hoping lastminute concessions will pull a handful of councilors off the fence. “I don’t think it’s going to be a wide margin either way,” said Peterson, a Democrat. “But I do believe it will pass. Because at the end of the…

Speaking of health care: Local experts weigh in on rising costs, the uninsured and whether our current system needs an overhaul Public health priorities, executive salaries and the “gold rush” of health care construction were among the topics tackled Sept

October 3, 2005

Public health priorities, executive salaries and the “gold rush” of health care construction were among the topics tackled Sept. 21 in the latest installment of Indianapolis Business Journal’s Power Breakfast Series. IBJ reporter Tom Murphy moderated the panel discussion, attended by some of the area’s foremost health care experts. Following is an edited transcript of the often-spirited discussion, which included a brief interruption by protestors seeking medical insurance coverage for janitorial staff who clean Anthem Inc. buildings. IBJ: Can you…

VOICES FROM THE INDUSTRY: Does your 401(k) work as well as most pension plans?

September 26, 2005

This is definitely not the headline most workers wanted to see on the business section of the newspaper: “Traditional e m p l oy e r- f u n d e d pension plans outperformed worker-funded 401(k) plans during bear market.” The findings, based on a study conducted by the employee-ben efit consulting firm of Watson Wyatt Worldwide, bolstered critics’ arguments that 401(k) and similar retirement plans are not up to the task, when compared with defined-benefit pension plans, of…

How Clarian funds building projects:

September 26, 2005

Clarian Health Partners CEO Dan Evans offers a simple explanation for how the People Mover, Clarian’s futuristic rail system, came to be a few years ago. “People ask me all the time how we paid for it. I said, ‘Thank the stock market,'” he said. The bull market of the late 1990s allowed Clarian to use mostly investment income to fund the $40 million transportation project that opened in 2003 and connects its three downtown hospitals: Methodist, IU and Riley…

Givers should be smart as well as generous, experts say: Do your homework before donating to any cause

September 26, 2005

Charitable giving often is a spur-of-themoment thing, particularly if it’s a response to a disaster. Still, charitable groups, relief agencies and financial advisers say a little thought before making a donation is a good idea. Giant disasters such as Hurricane Katrina jolt many people into trying to help, often with no particular idea beyond simply doing something. However, some types of help are more helpful than others. Properly following the rules of charitable giving can provide a tax benefit. It…

Ambassadair likes suitor: Chicago-based Waveland Investments might have jobs for ATA execs if it lands travel club

September 19, 2005

Ambassadair Travel Club Inc. may chart a new destination with the help of a Chicago private equity firm whose holdings range from gas station chain Clark Brands to coffee-pot-maker West Bend. Waveland Investments LLC is the face behind Waveland Holdings LLC, an entity named in court records as signing a letter of intent to acquire Ambassadair from bankrupt parent ATA Holdings Corp. While Ambassadair said it remains profitable, despite ATA’s troubles, it has lost more than 20 percent of the…

Don’t turn back on local needs: United Way deserves support as much as hurricane victims

September 19, 2005

How do you compete with Hurricane Katrina? For three weeks, we have been inundated by images of suffering and devastation on the Gulf Coast. In the midst of it all, United Way of Central Indiana has struggled to attract attention to the kickoff of its annual campaign. It’s a tough sell, just as it was four years ago when another horrific event-the 9/11 terrorist attacks-coincided with the campaign kickoff. “It took the fund-raising community about three years to recover from…

United Way campaign facing dual challenges this year: Onetime gifts, charitable response to Katrina devastation complicates already-complex fund drive

September 19, 2005

It’s never easy for United Way of Central Indiana-raising money seldom is. But this year, organizers went into the annual fund-raising drive with an additional challenge: replacing $1.5 million in one-time donations that helped get the 2004 campaign to its $36.6 million goal. Their task is complicated by the fact that this year’s effort started just as the philanthropic response to Hurricane Katrina kicked into high gear. Americans have given nearly $1 billion to disaster relief already, and the impact…

Campaign just part of local United Way: Agency aims to meet community needs

September 19, 2005

United Way of Central Indiana got its start in 1918 as Indianapolis’ War Chest. Many decades and several name changes later, the organization still is fighting to raise enough money to meet vital community needs. Leaders kicked off the 2005 campaign this month, trying to raise $36.6 million, mostly from workplace campaigns and corporate gifts. Together, the two sources represent about 97 percent of all pledges. UWCI’s campaign is the 22nd-largest in the country. On these two pages, IBJ details…

Building the ‘cheeseburger’ of file servers:

September 19, 2005

Afile server that longtime tech guru Kim Brand developed from open-source software offers a more affordable alternative to large competitors such as Microsoft Windows. As managing partner of Server Partners LLC, the 52-year-old Brand is the inventor of FileEngine, a Linux-based file server he markets as a simpler and more “worryfree” platform for sharing files. “Servers are expensive,” Brand said, “and when they break, they cost a lot to fix, and that’s wrong.” Brand founded Server Partners in 2001 but…

VIEWPOINT: We all pay the price of homelessness

September 19, 2005

“The moral test of government is how that government treats those who are in the dawn of life, the children; those who are in the twilight of life, the elderly; and those who are in the shadows of life, the sick, the needy, and the handicapped.” -Hubert H. Humphrey The most recent sessions of the Indiana General Assembly and the U.S. Congress have focused significant efforts on addressing the needs of children through education and the elderly through prescription drug…

City Market plans raising concerns: Coming renovations worry some tenants

September 19, 2005

Renovation plans for City Market intended to boost sales at the downtown landmark have some tenants concerned about what it will cost them. In early January, the market’s management expects to begin work on $350,000 worth of lighting and flooring improvements in the historic main hall. Tenants will be permanently moved, with preparedfood stands along the perimeter of the building and retail stands in the center. And stands will sport a uniform look. Individual tenants will bear most, if not…

Private high school set: Cristo Rey to open downtown with 46 companies behind it

September 19, 2005

A private high school that relies on business participation, the first of its kind in Indiana, is set to open downtown in the fall of 2006. A work-study program designed to help lowincome students pay for tuition and give them corporate work experience is what will set Providence Cristo Rey High School apart from its private and public counterparts throughout the state. Corporate sponsors said it will also give promising students a local business connection, which could help keep them…

NOTIONS: The power of nature and the perils of human nature

September 5, 2005

Some colleagues and I drove south into Evansville last week just as the remnants of Hurricane Katrina blew in from the north. As we pulled into the parking lot of our destination, we watched workers battling wind and rain on the walk from their cars to the office. Twice, we saw sturdy umbrellas, held nearly horizontal against the oncoming gale, collapse upon their users. The drenched souls fumbled with the resulting maze of metal and fabric as they struggled across…

Youth, law enforcement pair up to reduce crime: Local companies providing money, rewards and time

August 22, 2005

One of Marcus Ballance’s cousins is in prison for shooting another man. Another was recently shot after serving a prison term of his own. Ballance, a 12-year-old who attends Margaret McFarland Middle School, lives with his mom, her boyfriend and a baby sister on the city’s east side. He’s been exposed to crime and drugs his entire life. Some would say that means Ballance has a good chance of ending up either a victim of homicide or in prison. But…

Museum deflects pork perceptions: Policy wonks decry grant of $12.5M in transportation funds

August 22, 2005

“Why are taxpayers in California and Texas and Massachusetts paying for a museum in Indianapolis?” David Boaz, executive vice president of the Washington-based Cato Institute, wrote on the think tank’s Web site in May as the bill was coalescing. The Children’s Museum of Indianapolis landed the grant under the $286 billion transportation bill signed by President Bush this month. The grant was included in the bill courtesy of Rep. Julia Carson, D-Indianapolis. “Congress constantly uses the Department of Transportation’s budget…

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10,242 results for 'Funding'

People

Susie Ripley

Articles

Emerging Tech, Johnson centers team up: Partnership links incubator’s startups with entrepreneurship students

EYE ON THE PIE: Time to realign taxes with services

BioStorage gets set for major expansion: Three-year-old local firm eyeing West Coast, Europe

Affordable housing gets $2.3 million:

Cop merger might have just enough: Backers make concessions in effort to build majority

Speaking of health care: Local experts weigh in on rising costs, the uninsured and whether our current system needs an overhaul Public health priorities, executive salaries and the “gold rush” of health care construction were among the topics tackled Sept

VOICES FROM THE INDUSTRY: Does your 401(k) work as well as most pension plans?

How Clarian funds building projects:

Givers should be smart as well as generous, experts say: Do your homework before donating to any cause

Ambassadair likes suitor: Chicago-based Waveland Investments might have jobs for ATA execs if it lands travel club

Don’t turn back on local needs: United Way deserves support as much as hurricane victims

United Way campaign facing dual challenges this year: Onetime gifts, charitable response to Katrina devastation complicates already-complex fund drive

Campaign just part of local United Way: Agency aims to meet community needs

Building the ‘cheeseburger’ of file servers:

VIEWPOINT: We all pay the price of homelessness

City Market plans raising concerns: Coming renovations worry some tenants

Private high school set: Cristo Rey to open downtown with 46 companies behind it

NOTIONS: The power of nature and the perils of human nature

Youth, law enforcement pair up to reduce crime: Local companies providing money, rewards and time

Museum deflects pork perceptions: Policy wonks decry grant of $12.5M in transportation funds