Startup objects to IndyGo’s no-bid deal with rival
An Indianapolis software startup that hopes to win contracts from public-transit agencies across the country is protesting a no-bid deal by IndyGo.
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Drone startup off to flying start
Two friends and drone enthusiasts in 2012 hatched the idea, as a side gig, to build flying devices small enough to fit in a briefcase. But the idea shifted to a full-scale manufacturing operation that will launch in mid-August and is projected to produce up to $10 million in revenue next year.
Chicago-made medical gel wins Innovation Showcase pitch contest
The Indianapolis-based expo for featuring innovations and courting potential investors crowned an unusual winner of its pitch contest on Thursday.
Former restaurateur Peter George partnering on small new eatery
George, 60, is targeting an August opening for Tinker Street, a chef-driven and plant-based concept he’s launching with business partner Thomas Main, 56, who also has a restaurant background.
Upstart chip-maker wins space on shelves of local groceries
Mark McSweeney launched Broad Ripple Potato Chip Co. last year out of his existing business, a franchise of Great Harvest Bread Co.
Grab-and-go meals on menu for Patachou owner
Local restaurateur and entrepreneur Martha Hoover wants to open kiosks offering healthy meals on the go in public places, including along the Monon Trail.
Purdue, Cook create $12M fund for life-science startups
The Foundry Investment Fund will join with other investors to provide funding for companies that use Purdue-licensed technology or expertise in human and animal health and plant sciences.
New shooting range draws crowd in Hamilton County; another in the works
The northern-suburb county should have two shooting ranges operating by the end of this year; owners of both business say Hamilton County is a ripe market.
After 9-year hiatus, Caplinger family opens new fish market
Veteran seafood operators Nick and Andrew Caplinger opened a shop in December at East 75th Street and Shadeland Avenue that boasts a wide variety of fresh fish.
Upswing causing slowdown in startups
The number of newly formed Indiana companies slumped in 2013, the first such dip since the recession, but the small drop could actually be a positive sign for the economy. Established companies have more job openings than a few years ago, meaning workers have less incentive to start their own businesses, as thousands did when the economy tumbled.
Young CEO has big plans for employee-training software firm
Upstart Lesson.ly, an Indy-based developer of training software, is run by a 25-year-old and is trying to cut into a $42 billion market dominated by titans such as IBM and Oracle.
Investors pour $5 million into beer technology firm
Carmel-based SteadyServ Technologies expects to roll out its keg-sensor system early next year and trigger an aggressive hiring phase.
Technology on track to dramatically change health care
Cost pressures are forcing health care providers to extend the reach of limited resources.
RV exec seeking new start in Indy
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
New gadget revives waterlogged cellphones
Joel Trusty realized that if he could remove all the atmospheric pressure from a chamber, he could turn liquid—even liquid inside a cell phone—into a gas at a much lower temperature than otherwise possible.
Pedal pubs are latest hit in a beer-loving city
Booze and bicycling—in the most unconventional sense—is the thrust behind The Handle Bar, a local startup operated by Steve Lindsay and his brother Brian.
Angel-investing event may bolster startups
An emerging network of angel investors from around the state will team with Indiana University next month on a workshop that will put them in the same room with entrepreneurs who’d like their backing.
Life sciences venture capital dips again
Venture capital surged in the first half of 2012, to $51.6 million in Indiana. But the pace of activity here fell off sharply in the second half of last year, and remained sluggish into 2013.
Tech showcase crowns unlikely winner in pitch contest
Emphymab Biotech, with a treatment for emphysema developed by a group of Indiana University medical professors, received the top prize at the Innovation Showcase on Thursday.
Health tech startup aiming for fences
Flying under the radar for much of its existence, local health tech startup hc1.com Inc. now thinks it’s ready to soar. The company, spun out last year from Zionsville-based Bostech Corp., is on pace to generate annual revenue of $10 million by year’s end. And it thinks business could triple next year.