Articles

Venture funding falls 12 percent in second quarter

Funding for U.S. startups fell 12 percent in the second quarter as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest level in more than a decade.

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Co-working spaces multiply, giving independent workers options

Co-working sites—shared office spaces designed to give entrepreneurs, free-lancers and consultants the tools they need to get the job done as well as the chance to interact with other professionals, sans cubicle—are gaining popularity nationally and, finally, in Indianapolis.

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Richmond eyes ex-auto supplier site for tech park

Officials will be seeking approval from the eastern Indiana city's Redevelopment Commission to use money from a $5 million state technology park grant to buy 14 acres and two buildings that once belonged to Dana Corp.

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For graying generation, startups are booming

Since the 1990s, the demographic makeup of new entrepreneurs has been steadily shifting toward baby boomers as they seek personal and financial fulfillment. Count Fountain Square Brewing Co.’s Bill Webster among them.

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Progress spotty in narrowing tech field’s gender gap

Most technology firm startups are birthed by men in their 20s and 30s who have a background in computer science. To what degree women are underrepresented in the ranks of tech entrepreneurs is hard to quantify, but it’s a small universe.

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BioCrossroads launches second seed fund

BioCrossroads Inc. has raised an $8.25 million seed fund in its second attempt to help startup life sciences companies grow to the point where they can attract venture capital or a corporate funder.

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State’s latest startup: Startup Indiana

On April 25, local organizers will launch Startup Indiana, a regional affiliate of the Startup America Partnership. The national initiative—and its regions—brings together entrepreneurs, funders and other leaders to help promising startups succeed.

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Angel Learning’s founder thinking big again

IT professor Ali Jafari, who netted Indiana University $23 million on its $130,000 investment in his Angel Learning when it sold three years ago, recently launched CourseNetworking, which allows learners across the globe to connect and chat around shared interests and class subjects.

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Startups launch apps to facilitate good deeds

Two startup firms, Cause.It LLC and Trensy LLC, have created tools that link charitable behavior and consumption. Like the hit app Foursquare, the newcomers encourage users to “check in” when they show up at events or complete activities so they can earn rewards offered by local businesses.

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