DeHaan’s Christel House plots high school, foreign growth
Christel House Academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, with classes starting in the 2010-2011 school year.
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Articles
Company banks on targeted texting
Steven Dickerson realized the potential for mobile advertisements when he saw his daughter texting.
ICVA seeks extra $15M to market new center-WEB ONLY
The Indianapolis Convention & Visitors Association says it needs more sales and marketing firepower to fill an expanded convention center and adjacent hotels. That means asking the city’s Capital Improvement Board-one of ICVA’s primary sources of funds-for a budget increase of up to 50 percent at the worst possible time. ICVA says it needs an […]
Academy aims higher-WEB ONLY
When Stacie Floyd enrolled her daughter Kyli in kindergarten at Christel House Academy, she hoped Kyli would be able to earn a high school diploma there. Now, six years later, Floyd will get her wish. The academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, […]
Payroll tax hike looming-WEB ONLY
First the good news about Indiana’s insolvent Unemployment Insurance Trust Fund: As part of its $787 billion stimulus, the federal government has just agreed to stop charging interest on its loans to pay benefits to the jobless. President Obama’s package allows Indiana to continue zero-percent borrowing for unemployment insurance through 2010, a provision that will […]
Ticket tax hike gaining favor
I have bad news for Indiana Pacers, Indianapolis Colts and Indianapolis Indians ticket buyers. By the time you buy tickets for next season’s games, you’ll likely be hit with a higher ticket tax….
Mokulele Airlines avoids Republic seizure-WEB ONLY
Mokulele Airlines yesterday said it made a $300,000 loan payment, staving off seizure of its assets and operations by business partner Republic Airways Holdings Inc. Mokulele had defaulted on an $8 million loan, and Indianapolis-based Republic said it would come in and operate Mokulele if the Hawaii carrier failed to make the payment by the […]
Huge mortgage-relief plan goes beyond foreclosures-WEB ONLY
Seeking to tackle “a crisis unlike any we’ve ever known,” President Barack Obama unveiled an ambitious $75 billion plan today to keep as many as 9 million Americans from losing their homes to foreclosure. Another key component would specifically help those said to be “under water” – with dwellings whose market value have sunk below […]
I Power generates $2 million investment-WEB ONLY
Anderson-based I Power Energy Systems, a spinoff of Remy International that makes co-generation power units for buildings, has raised $2 million from investors. The private placement managed by Chicago-based David A. Noyes & Co. sold 16,000 series B convertible units at $125 each. Proceeds will be used in part to introduce products, increase marketing and […]
I Power generates $2 million investment-WEB ONLY
Anderson-based I Power Energy Systems, a spinoff of Remy International that makes co-generation power units for buildings, has raised $2 million from investors. The private placement managed by Chicago-based David A. Noyes & Co. sold 16,000 series B convertible units at $125 each. Proceeds will be used in part to introduce products, increase marketing and […]
Carmel officials OK $20M more for Keystone project-WEB ONLY
The Carmel City Council has approved a $20 million floater loan to keep the Keystone Avenue project moving. The chief engineer had asked for an additional $8 million to turn six intersections along Keystone into roundabouts, but that request was not approved. Last night’s meeting got heated when one of the councilors accused Carmel Mayor […]
President set to sign $787B stimulus bill-WEB ONLY
President Barack Obama plans to sign the $787 billion economic stimulus bill into law today in Denver. The spending plan is expected to provide Indiana with more than $6 billion in direct federal funding. Fox 59 News will have more at 10 p.m.
Carmel officials weigh $20M roundabout vote-WEB ONLY
Carmel officials are expected to vote tonight on a controversial plan to spend $20 million on a plan to turn six intersections along Keystone Avenue into roundabouts. The original price tag for the project was $90 million, but Carmel Mayor Jim Brainard later called for an additional $50 million to fund the construction. Tonight, the […]
States face competing priorities for stimulus cash-WEB ONLY
It may sound like a nice problem for states – figuring out how to spend the billions in infrastructure funding they’ll receive as part of President Barack Obama’s economic stimulus plan. But the task is more complicated than it seems, as state officials try to set priorities while managing competing pressures from communities, watchdog groups […]
Activity at Statehouse picks up, but how much is getting done?
After a surprisingly slow month of January, the pace of legislative action picked up considerably during the first two weeks
of February.Family foundations represent nearly $1 billion in Hoosier assets
Although family foundations may grant as little as $50,000 in a year, these foundations wield influence over other philanthropists, and one advocate says they could help guide the spending of billions of economic stimulus money.
Advanced energy next focus for economic development
The Central Indiana Corporate Partnership—the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives—let it be known last month that there would be a fourth leg to its economic development stool: clean technology.
CIB could ask for $34 million in write-offs from Circle Centre investors to ease deficit
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.State thinking clean-WEB ONLY
The Central Indiana Corporate Partnership-the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives-let it be known last month that there would be a fourth leg to its economic development stool: clean technology. The new initiative is known to insiders as the Indiana Energy Systems Network and has been under the reins of Paul […]
Small foundations feeling pressure-WEB ONLY
Michael Swolsky probably will never again respond to a workplace food drive the way most of us do. The retired sales executive decided he needed to do more this past holiday season, when the Stutz Business Center, where he has his metal-working studio, became a collection point for Gleaners Food Bank. As co-manager of a […]