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Articles

IEDC seeks $30M fund to stoke life sciences firms

December 13, 2012

The Indiana Economic Development Corp. is looking to renew its commitment to life sciences by creating a $30 million venture fund. The amount dedicated to one sector would be equal to the state’s allocation for all high-tech startups over the past two years.

Finish Line pulls plug on new website

December 20, 2012

The Indianapolis-based chain rolled out a new FinishLine.com four days before Black Friday. But glitches and customer complaints forced it to revert to the legacy version Dec. 6.

Executives’ transitions to not-for-profits often awkward

February 14, 2013

Small not-for-profits’ strategy of recruiting big-business executives for top posts has had mixed results since coming into vogue in the 1990s. For some of the executives, the transitions is a culture shock.

Allos Ventures raises $40 million for early-stage tech firms

February 14, 2013

Allos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.

HICKS: Stagnant pay for low-wage workers a problem

February 21, 2013

Hidden within the unserious politics of the minimum-wage debate lies an important discussion of why many workers have not seen their wages grow over the past generation. It simply takes some digging.

Indiana experts discuss technology

March 14, 2013

Indianapolis Business Journal convened a panel of experts at its Technology Power Breakfast on March 7 to talk about industry issues including entrepreneurs, universities and online marketing.

Panel members included Don Aquilano, managing director, Allos Ventures LLC; Aman Brar, president, Apparatus Inc.; Tim Kopp, chief marketing officer, ExactTarget Inc.; Michael Langellier, CEO, TechPoint; Jenny Vance, president, LeadJen LLC; Brad Wheeler, vice president for IT and chief information officer, dean and professor, Indiana University.

The session was moderated by IBJ reporter Chris O'Malley.

The following is an unedited transcript of the discussion.

Software maker plans 400 hires, including 250 in Indianapolis

March 25, 2013

Interactive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its sales related to cloud data storage and management.

Employers expect little health reform impact until next year

April 8, 2013

The full rollout of Obamacare on Jan. 1 will force some employers to make key decisions this year, but many area experts think 2013 will be anticlimactic, as most employers hold steady to watch the law’s changes play out in 2014.

PANEL: Life sciences will see radically different future

May 13, 2013

IBJ convened a panel of experts at its Life Sciences Power Breakfast on May 10 to talk about the industry issues of venture capital, digital health innovations and research university entrepreneurship.

Panel members included Kristin Eilenberg, CEO, Lodestone Logic, Infuse Accelerator; Philip S. Low, Purdue University professor of chemistry, founder and chief science officer at Endocyte Inc. and On Target Laboratories LLC; R. Matthew Neff, president, CHV Capital Inc.; Brian Stemme, project director; BioCrossroads; Brian S. Williams, director, Global Healthcare Strategy, PricewaterhouseCoopers International Ltd.; and Raul Zaveleta, CEO, Indigo BioSystems Inc.

The following is an unedited transcript of the discussion.

Former TV news king WRTV seeking comeback under new owner

June 6, 2013

WRTV-TV Channel 6 is making big changes, many tailored to capturing viewers through digital outlets, in an effort to stage a comeback after a two-decade slide.

ExactTarget option gains approach $300M

June 6, 2013

xactTarget Inc.’s sale will swell the value of employee stock options to nearly $300 million—a windfall local tech experts expect will launch a wave of entrepreneurship over the next several years.

IT revolution coming to local health care

June 19, 2013

Local providers will increasingly look for help from IT firms like Indigo Biosystems Inc. and VoCare Inc. as part of a coming wave of health IT innovation that is likely to mirror the IT revolution that began 30 years ago.

Leases/leasing contracts

August 12, 2013

-City Securities Corp. leased 21,447 square feet at 8900 Keystone Crossing. The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.     

-Gale Force Software Corp. leased 10,280 square feet of office space at 11800 Exit Five Parkway, Fishers. The tenant was represented by Brian Askins of Summit Realty. The landlord, Sunbeam Development Corp., was represented by Paul Dick and Kevin Dick of Colliers International.

-Digital Technology Inc. renewed its lease for 6,300 square feet at Hillsdale Business Park, 6892 Hillsdale Court. The landlord, Hillsdale Property Co., was represented by  Brian Buschuk, Kevin Gillihan and Jack Hogan of Jones Lang LaSalle. The tenant represented itself.

-Indy Cigar Bar leased 5,030 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St.  The tenant was represented by Tom Megenhardt of Megenhardt Commercial Real Estate. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy.    

-Mortenson Safar Kim leased 4,961 square feet at Rockdale, 6334 Westfield Blvd. The tenant was represented by Todd Morris of JTM Commercial. The landlord, Loftus Robinson, was represented by Jack Hogan of Jones Lang LaSalle.

-Homeplex Furniture leased 3,207 square feet at Clearwater Village, 4611-4737 E. 82nd St. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy. The tenant represented itself.

-LumiNET renewed its lease for 3,189 square feet at Hillsdale Business Park, 6971 Hillsdale Court. The tenant was represented by Rob Lukemeyer of Baseline. The landlord, Hillsdale Property Co., was represented by Jack Hogan, Brian Buschuk and Kevin Gillihan of Jones Lang LaSalle.

-Lawyers Title Co. LLC leased  2,581 square feet of office space at 9955 Crosspoint Blvd. The tenant was represented by Scott Lindenberg of Reliant Partners.  The landlord, Shiloh Properties LLC, was represented by Paul Dick and Kevin Dick of Colliers International.

-The Celtic Cross Catholic Gift Shop leased 2,100 square feet at North Willow Commons, 1410-1518 W. 86th St. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy. The tenant represented itself.

-Village Green leased 1,859 square feet at Rockdale, 6340 Westfield Blvd. The tenant was represented by Spud Dick of Cassidy Turley. The landlord, Loftus Robinson, was represented by Jack Hogan of Jones Lang LaSalle.

-Geist Barber Shop leased 1,334 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
    
-Autism Clinic of Indiana leased 1,083 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.

Doctors, as well as patients, in the dark about prices

September 12, 2013

If you’re frustrated that health care prices are both unavailable and incomprehensible, you’re not alone. Your physician is in the dark too.

Q&A: Weather expert sees free-market solution to climate change

October 1, 2013

Paul Douglas describes himself as a data-obsessed meteorologist, entrepreneur, author, a Republican, a devout Christian, and a global climate change skeptic-turned-believer. Douglas spent 11 years as a TV weatherman for NBC’s affiliate in Minneapolis, Minn. While there, he launched a company that produced software for 3D weather graphics. The technology caught the attention of Steven […]

Cyber bandits are finding new ways into bank vaults

October 16, 2013

Corporate account takeovers are high stakes for heists.

Tech companies building a charitable niche

October 17, 2013

An emerging group of software companies focused on serving charities—combined with the fact the city is home to the only philanthropy college in the country—could make the area a hotbed for an often-ignored area of business.

WISH-TV blows away rivals in storm-coverage ratings

November 19, 2013

Channel 8 earned bragging rights as the most-watched weather source during the tornado strikes on Sunday, although the Chicago Bears might have helped draw eyeballs.

Apple buyout in ChaCha’s future?

November 27, 2013

Apple has applied for a patent that sounds pretty familiar to the folks at Carmel-based ChaCha Search Inc. Enough so that ChaCha founder Scott Jones has suggested that his business is well-suited for an acquisition by one of the largest companies in the world.

2013 CFO OF THE YEAR: Don Van der Wiel

November 27, 2013

Since Don Van der Wiel joined Fifth Gear as CFO in 2010, revenue has increased 81 percent, from $28.4 million to $51.4 million, with profitability tripling.

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