What does Indiana have to show for the deluge of resources made available to would-be entrepreneurs in recent years—venture capital, angel investors, incubators and the like? Judging by the number of people taking the plunge into business ownership, not as much as might be expected.
Al Hall started Owl Studios in 2005 to promote local musicians and has expanded its roster of performers to 16.
Changes in reimbursement could fuel market for WoundVision’s product.
Venture dollars for Hoosier companies are still few, but the flow of deals is picking up.
Partners Cate McLaughlin and Kyle Falk started the website askcateandkyle.com last July to help recent graduates deal with
the trials and tribulations of life
after college. Their potential audience is huge.
AgeneBio Inc. this month landed a $300,000 investment from the Indiana Seed Fund to fund operations, bolster its intellectual
property, and begin learning how to make a drug into a once-a-day pill.
Dr. Stanley Adkins is chief medical officer of Indianapolis-based AmeriVeriCR, a startup that uses software to review medical
claims for errors. With health care reform and a new, larger set of
diagnosis codes phasing in over the next few years, AmeriVeri is betting that demand for its service will increase.
VoCare Inc. wants $4 million in cash and tax incentives to open headquarters and call center it says could employ 300 people.
A startup that makes mobile laboratory and manufacturing facilities will locate its headquarters, design and manufacturing
operations in Brownsburg, creating at least 50 jobs by 2013.
Jim Pearson knows a thing or two about raising money from venture capitalists. And he has some advice for BioCrossroads:
Teach entrepreneurs the value of money.
The new INext fund is the successor to the $73 million Indiana Future Fund, which the life science initiative raised in 2003.
The city’s Veteran Business Enterprise program aims to increase the representation of veteran-owned businesses on city projects—an
effort that has generated $217,000 in contracts for such firms so far.
After no Indiana health and life sciences firms announced venture capital deals in the second quarter, five did so in the
third, and two more have already this month.
When he oversaw Indiana University’s Advanced Research and Technology Corp., the school’s business incubation
and technology transfer program, Mark Long helped dozens of local startups get off the ground. Now, as head of his own business
incubation consultancy, Long is making a name for himself overseas.
Two former executives of Carmel-based Performance Marketing Group have launched Rapid Freight Solutions.
The Anderson-based Flagship Enterprise Center is on a roll. In the last two months, the small-business incubator
and growth-stage accelerator signed up two new clients: software developers Soveryn Inc. and Coeus Technology.
Business partners Dan Adams and Bob Harton left a real estate franchise to start an agency of their own.
Industry groups in the life sciences, medical and information technology realms have helped lure companies to the region
and foster upstarts. Funding is almost always an issue, but it’s not the only barrier. Getting medical
devices to market often requires product design, development and marketing resources that aren’t
always apparent to upstarts.
For a city feverishly growing its technology and life sciences sectors, it seemed a bit anticlimactic last January when
Purdue University dedicated its new technology center with only one tenant. But the lone tenant in the $12.8
million complex, FlamencoNets, a high-tech telecommunications firm, is about to get some company.
More emerging life science companies have found life in the form of federal
Small Business Innovation Research grants.
