Lisa Sprunger founded frozen-soup company Urban Ladle in the kitchen of her north-side home, nurturing it into a line of seven frozen soups sold at various, mostly Indiana, retailers.
A $44 million VC infusion in 2017 for biosciences firm On Target Laboratories was one indication that Indiana’s life sciences sector is finally starting to pull down some serious venture funding.
The projects are coming up now because the city has six months left to take advantage of more than $30 million in a federal loan guarantee program that it was awarded in 2012 by the U.S. Housing and Urban Development Department.
U.S. employers added 103,000 jobs in March after several months of bigger gains, though the government’s overall jobs report suggests the labor market remains healthy.
The Indianapolis City-County Council on Monday night approved an ordinance that restricts the city’s new jail and criminal justice center from being run by a private operator once it eventually opens.
Tens of millions in spending, along with unforeseen events, have drained the TIF’s unrestricted cash balance—money left to fund extra projects after covering debt and reserves.
For more than a decade, Zeke Turner built scores of senior-care facilities. But in the past year, Mainstreet has been reeling from an unexpected slowdown in sales of its properties.
The U.S. Environmental Protection Agency broke with four decades of practice Tuesday and proposed limits on the science used to develop policies protecting public health and the environment.
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city’s west side.
