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The Indiana Economic Development Corporation has an excellent program available to start-ups or early-stage businesses who are looking for ways to attract investor capital. It is called the Venture Capital Investment (VCI) Tax Credit.   The program rewards new investors in “qualified companies” by pre-approving them to receive a 20% state tax credit on every dollar they invest up to $2.5M.   If you are looking for [...]

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SproutBox, one of Indiana’s most innovative incubators announced the re-opening of applications for the investment cycle. They are seeking talented entrepreneurs interested in turning their idea into a reality. The deadline for applications is Saturday, December 5th, at 11:59pm, For more information or to apply, go to :  http://sproutbox.com/apply

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It is so nice to see an Indy company acquiring rahter than being acquired for a change. Indianapolis-based Hat World has acquired Florida-based Sports Fan-Attic. Terms of the deal have not been made public. Sports Fan-Attics is a retailer of licensed sports headwear, apparel, accessories, and novelties. It operates 37 stores in seven states. Hat [...]

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INDIANAPOLIS, IN (September 2, 2009) -  Indianapolis-based Radius Connection, a leading provider of innovative direct mail products specifically for contractors, has been selected as an affinity benefit provider for RSES and their member companies.  As part of this relationship, Radius Connection will provide RSES members with an easy to use, economical, direct marketing solution. The [...]

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INDIANAPOLIS, IN – - American inventors are struggling to get their products to market, which is posing risks to America’s strategic advantage as a nation of innovation and new product design. The recession is making it difficult for inventors to raise initial capital from “angel investors” or family and friends, traditional sources of start up [...]

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(INDIANAPOLIS, IN. June 25, 2009) – Interactive Intelligence (Nasdaq: ININ) and Ronco Communications & Electronics have signed a reseller agreement. The “Elite Partner” agreement authorizes Ronco to sell, deploy and support the Interactive Intelligence unified IP business communications solutions nationwide.

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ExpressPros of Fishers is hosting a job fair to fill 33 positions for one of their clients.  The job fair will be held at their office: Corner 116th & Allisonville Rd. 7243 Fishers Landing Dr. Fishers, IN 46038 Open positions include both 1st & 2nd Shift Positions for a Fishers food processing plant in their [...]

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Despite the doom and gloom on Wall Street, locally, Indianapolis based ExactTarget has good news for the tech community.  They will be expanding their operation in downtown, Indy and hiring 300 employees over the next five years. Investing $25 million in technical equipment and realestate, Maybe some of those out of work techies from the [...]

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This weeks IBJ unveils the latest focus of the Mayor’s scruntiny:  The TIF’s (Tax Increment Financing Districts) These districts (many created by republican mayor Stephen Goldsmith) have received tax breaks and loans to create incentives for economic development.  Ideally as these areas develop the increased tax revenue will be used to repay the loans. Does [...]

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The latest reports from the Indiana Department of Workforce Development indicate our economy is slowing down, but not nearly as much as neighboring states. The seasonally adjusted rate for the month of June is 5.8.  While higher than we would like, it is significantly lower than surrounding states, such as Michigan (8.5), Illinois and Ohio [...]

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