An Indianapolis investment advisory oil firm has been looking for blowouts in its own back yard. Midwest Energy Partners is preparing for its seventh—and largest—round of funding to pay for oil drilling in southwestern Indiana and southeastern Illinois.
Indiana businesses borrowed $424.7 million through U.S. Small Business Administration programs in 2012, an 18-percent decline from 2011, latest SBA statistics show.
Aasif Bade of Ambrose Property Group, Tadd Miller of Milhaus Development and Joe Whitsett of The Whitsett Group saw opportunity as many rivals retrenched.
The Indianapolis Enterprise Center on the near-east side has been acquired by a local investor group led by the former owner of the troubled business incubator.
Plainfield-based Fundex Games Ltd., which filed for bankruptcy protection in September, said Poof-Slinky Inc. is the only potential purchaser that has shown interest in acquiring the company’s assets.
The horror stories are sobering: Dun & Bradstreet reported earlier this year that businesses with fewer than 20 employees have only a 37 percent chance of surviving four years and just 9 percent will be around 10 years.
Early-stage venture capital has been harder and harder to come by for life sciences companies in recent years, but two Indianapolis investors are working to raise sizable funds to help fill the gap.
The Indiana Economic Development Corp. said 220 businesses have expanded or started here, and the number could grow before the end of the year.
Meet Justin Bates and Peyman Rashid, who founded MaxTradein last fall and hope to have the online used-car marketplace operating in 30 markets within six months.
National retailers are licking their chops over the $586 billion consumers are expected to spend during the holiday season, and small-business owners also are bellying up to the buffet.
Before you blow the holiday budget on Midnight Madness deals and Tryptophan Thursday specials, independent shop owners want to make sure you know about Small Business Saturday.
Recoverator helps users catalog belongings and generate professional loss reports for insurance agents and law enforcement.
Diagnotes LLC’s On Call software, which delivers patient medical records to smartphones of an on-call doctor, won the inaugural Hoosier Healthcare Innovation Challenge.
Chris Baggott has spent the past year and a half raising cattle, pigs and chickens on pasture, rather than conventional feed grain, and without the use of hormones or antibiotics.
A group of Indianapolis business executives is laying the groundwork to launch a professional soccer team here in 2014. Members of the group won’t identify themselves, but this month they launched a website—indyprosoccer.com—seeking season-ticket commitments.
The locally based purveyor of organic produce is leasing 50 acres in Ohio to serve its customers in that state, Indiana and Kentucky.
Yats founders Joe and Regina Vuskovich decided earlier this year to grow their restaurant through franchising. Broad Ripple resident John Sutton and his sister Brittany Franken jumped at the opportunity.
Zionsville-based Oobatz! will open in building formerly occupied by Uno Chicago Grill.
Leaders for TechPoint, the statewide technology business initiative, have tapped a new president who they think is a veritable poster child for successful entrepreneurship.
