Angel investment group off to flying start
HALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover.
Small Biz Funding
Articles
Federal stimulus trickles down
There’s a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider the
stimulus warmed-over leftovers.
Proprietary developments withering from recession
Financing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions
have made it increasingly difficult to raise cash from investors who are content to wait
out the storm by concentrating on their existing portfolios.
Geist restaurateur buffeted by financial squalls
Henri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators
feeling financial pressure, given the severe economic slump.
Some female small-biz owners anticipate boost from changes by new administration
Some local women business owners are encouraged by the election of President Barack Obama and his appointment of a new chief at the Small Business Administration who is thought to be especially interested in the needs of women-owned businesses.
SBA loan approvals
These businesses have received loans from financial institutions with
a guarantee
from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled.
SBA loan approvals
These businesses have been approved from loans from financial institutions with a guarantee
from the U.S. Small Business Administration.
Businesses on MLK give revitalization another shot
The newly organized MLK Business Revitalization Association aims to bring new life to the neighborhood west of downtown by
uniting area business owners behind a common goal — cleaning up the community to attract other entrepreneurs.
Note to Hoosier entrepreneurs: Fight on!
Great leaders are not born out of good times â?? they are born out of severe challenge.
Franchises can be safer business investments in tough times
What is the current state of franchising, given the tough economic environment?
Sashay Modeling and Finishing School successful in first year
After a 25-year real estate career, Claudia Lynch opened a modeling/acting school after she couldn’t find a quality school
where her own grandchildren could have fun, learn poise and gain confidence.
Despite recession, small businesses support charity
In the Indianapolis area, small-business owners told IBJ that they give in whatever
way they can, and would like to continue as long as their finances allow. But a Chronicle
of Philanthropy survey indicates that giving is already on the decline.
Lean companies have best chance to survive
Make your business look as attractive as possible to your banker because you are competing for financing with other small
businesses.
To survive lean times ahead, small businesses must plan now
Small businesses should plan for the worst while being attuned to what is happening in their industries, and to their customers.
Here are tips for small biz survival during recession
For small businesses to survive, they must be prepared to withstand economic difficulties for some time…
Turbulent times spell opportunity for small businesses
Healthy banks have adopted stronger risk prevention measures for good reasons, but it’s important to know that well-performing
banks are still writing loans for small business and servicing their needs every day.
New Chamber forum lets startups have a shot
The Greater Indianapolis Chamber of Commerce is developing a new weapon for local startups-Slingshot, a business-networking
forum that will give budding entrepreneurs the opportunity to swing sales meetings directly with high-ranking corporate executives.