Decimal’s software platform helps customers automate and outsource accounting tasks like bookkeeping and payroll. The company has added 30 employees since February.
State tourism agency plans to ask for huge funding boost
Tourism officials are introducing a campaign they hope will set the stage for a significant funding increase from the General Assembly next year.Read More
As city boosts spending on anti-crime grants, some call for more accountability
Indianapolis has put more than $30 million into about 600 grants since 2009, when it launched what’s now called the Violent Crime Prevention Grants Program.Read More
Restaurants seek more federal help after SBA fund runs out of cash
Restaurant owners want Congress to replenish the fund, and they want Indiana’s senators to sign on to a proposal that would provide cash to original applicants who were left high and dry.Read More
Indiana to land $8.8 billion from U.S. infrastructure bill
One Indiana project likely to be expedited as a result is widening interstates 65 and 70 to six lanes the full length and breadth of the state.Read More
Indianapolis-based Allos Ventures, which invests in early-stage business-to-business software companies in the Midwest, said it plans to start making investments from Allos IV right away.
DriverReach, founded in 2016, offers a platform that makes it easier for customers to hire commercial truck drivers. The company said it plans to use its additional funding on hiring and product research and development.
MetaCX’s newest round of fundraising brings its total to $31.5 million, including multiple investments from several venture capital organizations.
IntelinAir, which was formed in 2015, said this is its largest round of funding to date. The company moved its headquarters to Indianapolis from Illinois last month.
The Indianapolis Foundation, an affiliate of the Central Indiana Community Foundation, announced Monday it will withhold funds from the Indianapolis Public Library system until it completes a planned climate survey and makes “significant, meaningful and measurable” changes.
Indiana’s state parks, forests and trails—long starving for cash and maintenance—will receive money for improvements at nearly 50 state properties and the first new state park inn in more than 80 years.
The application period opens Tuesday for the Emergency Connectivity Fund, which will reimburse libraries and schools for the purchase of laptops, tablets and Wi-Fi hot spots.
Carmel, Fishers and Noblesville are among roughly 50 cities nationwide that are now projected to receive less than half of the federal COVID-19 relief money they originally expected.
Discussion and debate at Friday’s IBJ Tech Power Panel event focused largely on how companies can do a better job recruiting and hiring diverse employees, as well as the ability of diverse entrepreneurs to raise venture and growth capital from a cadre of investors who largely remain white and male.
The Restaurant Revitalization Fund will provide up to $10 million per recipient to qualifying restaurants, bars, food trucks, caterers, and other eligible recipients based on their pandemic-related revenue losses.
The federal grant program, part of a larger pandemic relief effort, officially launched April 8, but its application portal crashed within hours because of technical problems. The portal is set to reopen Saturday.
Businesses are looking for the Shuttered Venue Operators Grant program, which had its launch derailed last week because of technical problems with the application portal, to reopen soon.
Unlike many other states, Indiana has its fiscal house in order so this federal money is a rare opportunity for thoughtful new investment.
The state has an estimated $3 billion in federal funding coming its way. IBJ decided to ask what would happen if officials did something big and bold with the money.
For nearly a decade, voices across Indiana have raised warning flags about the need to repair the state’s aging water-utility systems and make plans to meet the growing water demand.