DeveloperTown has success helping larger firms innovate
DeveloperTown has been growing revenue about 40 percent annually over the past five years, a rate that far exceeds what leaders expected when they founded the company in 2010.
Entrepreneurship
Articles
Label maker DuraMark sees ‘immense’ growth prospects
The company says it patented all-digital production process allows it to produce labels faster, cheaper and in smaller quantities than by the traditional screen printing method.
Indy 500’s first presenting sponsor sees growth spike, gears up for more
Since local entrepreneur Mike Protogere bought D-A Lubricant Co. Inc. in 2002, the manufacturer of oil, grease, antifreeze and other industrial products has shifted into overdrive and punched the gas.
Chamber to bring national pitch program for entrepreneurs to Indy
Called 1 Million Cups, the weekly program has a format designed to be more collaborative and educational than more typical pitch events. It’s already in more than 100 other communities.
Indiana’s tech scene has a lot of things going for it, but venture capital isn’t one
The average amount of venture capital flowing into Indiana companies per deal is the lowest in the Midwest and among the lowest in the country.
Anderson University leads effort to draw young entrepreneurs with student debt
An Anderson University fine-arts-major-turned-entrepreneur has helped develop a unique student-loan-forgiveness program that encourages recent Indiana graduates to set up shop in Anderson.
Former Fever star Catchings buys Indianapolis tea shop
Eventually, Tamika Catchings plans to franchise Tea’s Me and develop her own blend, likely called “Tamika’s Tea.”
Inspection firm grows with changing auto industry
Steve Cage started a quality-control business focused on the automotive industry near the peak of the Great Recession. In 2009, the company made $8 million in revenue. In 2016, revenue hit $122 million.
Vogue owner survives 30 years of changes in music, customers and Broad Ripple
This year, Steve Ross, 62, celebrates three decades as owner of The Vogue, perhaps (after the Central Canal) Broad Ripple’s most enduring landmark.
Storied racetrack revved for a restart under new owner
Kevin Garrigus bought the Speedrome in November with the goal of revitalizing the historic east-side short track. He’s already put $500,000 into upgrades—with more on the way.
E-commerce service firm ready for next step
Viral Launch is going viral, at least as measured by its fast-growing client roster.
Don Brown leads $2M funding round in Carmel tech firm
Lumavate sells software to manufacturers so they can give their customers relevant information about products when they need it.
Brackets For Good expands across nation after raising nearly $3M for charities
Since 2012, Indianapolis not-for-profits have been participating in their own version of the annual NCAA college basketball tournament and have raised more than $1.5 million.
Indy Fuel owners ready to take shot at new ice venues
Father-and-son duo Jim and Sean Hallett launched a minor-league hockey team—the Indy Fuel—in 2013, but the enterprise has expanded far beyond just an ECHL franchise.
Purdue-based firm could change radiation treatments
Purdue University Professor You-Yeon Won’s development, called radio-luminescent nanoparticles, is designed to enhance the cancer-cell-killing effects of radiation treatment.
Langellier: Many tech firms would be better off here
TechPoint CEO Mike Langellier spoke with IBJ about his group’s evolution, his interest in the internet of things, and why elected officials are increasingly paying attention to tech.
Short-term leases help small firms grow
Certain companies don’t like committing to the usual five-year-or-longer leases, because they’re not comfortable predicting how much space they’ll need that far in the future.
Small business owners have post-election surge in confidence
Just over half the owners surveyed said they believed actions by the administration of Republican President-elect Donald Trump and Congress will make their companies better off.
Entrepreneur Don Brown launches new biotech company
Indianapolis-based tech entrepreneur Don Brown just ended his 22-year tenure with Interactive Intelligence Group, the company he sold for $1.4 billion only a week ago, but he’s already heavily involved in another venture.
Trucking executive’s latest drive: youth sports
Perkins Global Logistics executive Andy Card and a business partner have opened a multi-sport, youth-sports facility in Westfield and hope to spread the concept to about 16 other communities.