Tag: Indianapolis

Indianapolis corporate executives take Indy Racial Equity Pledge

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“Resiliency funds” are helping Black-owned business stay afloat during the coronavirus pandemic, continuing a long tradition of mutual aid within African American communities with limited access to capital, networks and government programs. (Sept. 28)

AP Domestic

A coalition of executives in business, civic life, sports, health care and utilities joined Mayor Joe Hogsett on Thursday in pledging to take measurable actions to make Indianapolis and neighboring communities racially equitable. 

In taking the Indy Racial Equity Pledge, the executives outlined a host of initiatives their companies would undertake to address racial disparities, such as hiring and retaining Black workers, increasing spending with Black-owned businesses and vendors, and investing philanthropic dollars in Black-led organizations. 

“At Cummins, we will continue to demand racial justice and to drive the change in our communities so that all people may advance and achieve,” said Sharon Barner, vice president, general counsel and corporate secretary for Cummins.

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West Central Indiana Business Hub reopens COVID survey – WISH-TV | Indianapolis News | Indiana Weather

by: Mary Willkom, Inside INdiana Business

Posted: / Updated:

TERRE HAUTE, Ind. (Inside INdiana Business) – The West Central Indiana Business Hub COVID-19 Response Team is reopening a business assessment survey related to COVID-19 recovery. The Terre Haute Chamber of Commerce says the team is working to refresh data, assess the current and new needs of the business community and continue recovery efforts. 

The business hub and response team were launched in April. The initiatives have two main goals: to create a centralized response team to address questions from the business community and capture community data regarding specific concerns and financial loss.

“Early on, we had a great response for the business community on their needs and questions, but the work is far from finished,” Chamber of Commerce president Kristin Craig said. “We need to update

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Indianapolis Latino-owned businesses get help facing unique challenges

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Frank Rodriguez, owner of Frank Hair Artist, talks about how online sales and a no walk-in policy have helped the salon stay busy during the pandemic.

Indianapolis Star

Frank Rodriguez’s dream was to open a hair salon on Mass Ave. 

He eyed the spot where it would be, on the 700th block, he said. 

He and his boyfriend, Luis Perez, would walk by often and look through the window of the space that was up for lease. 

“We knew exactly how we would decorate it and where everything would go,” Rodriguez said. “We had it all planned out already.”

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And he made it happen. He got the keys in 2017 and opened Frank Hair Artist, the 28-year-old’s second hair salon in Indianapolis, at 739 Massachusetts Ave. 

Rodriguez’s salon concept was by-appointment-only and soon after he created a

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Resources available for Latino-owned businesses in Indianapolis

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Frank Rodriguez, owner of Frank Hair Artist, talks about how online sales and a no walk-in policy have helped the salon stay busy during the pandemic.

Indianapolis Star

Thousands of Latino and Hispanic-owned businesses in Central Indiana generate millions of dollars of revenue annually.

And according to the Indy Chamber’s Hispanic Business Council, the majority of these are small businesses or self-employed entrepreneurs.

A Stanford Latino Entrepreneurship Initiative study released last year, showed Latino-owned businesses employ more than 3 million people and contribute nearly $500 billion in annual sales to the U.S. economy.

La Estrella is IndyStar’s first Spanish-language newsletter.Sign up for free here. 

But after the coronavirus pandemic forced businesses to shut down, these figures could change. 

Though there’s little to no data available yet to show the impact the coronavirus pandemic on these businesses, Latino business advocacy groups in Indianapolis are mobilizing to help them remain

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Get a look at the current fantasy outlook for the Indianapolis Colts in their Week 3 matchup against the New York Jets

» FantasyPros Week 2 Position Rank: Hilton WR22, Pittman Jr. WR56

» Jets vs. WRs: 15th (20.9 FPPG)

When Grandma gets involved, you know it’s serious business. The veteran Hilton has struggled at a couple crucial junctures the first two weeks of the season — he had a couple big drops as the Colts tried to tie the game on their final drive Week 1 against the Jacksonville Jaguars, and then couldn’t hang on (thanks mostly to the sun) when he broke wide open over the top for a would-be long touchdown pass from Philip Rivers last week against the Minnesota Vikings — and on Monday, Hilton’s grandmother, Pinkie, called from Florida to let him know she could tell he wasn’t being himself of late. Hilton told reporters this week that’s all the motivation he needs and that he’s officially out of his funk. So what does that mean from

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Notre Dame offering new dual master’s program – WISH-TV | Indianapolis News | Indiana Weather

SOUTH BEND, Ind. (Inside INdiana Business) — A dual master’s degree program in global affairs and business administration is now possible at Notre Dame after the Keough School of Global Affairs and Mendoza College of Business formed a partnership. The MGA/MBA program allows students the opportunity to finish two two-year degree programs within three years.

“Knowing how to engage with the private sector can be an important tool for becoming an effective and ethical changemaker,” said Becca Méndez, associate director of the master of global affairs program. “In an increasingly global workforce, having skills and knowledge in these complementary fields provides a real benefit.”

Notre Dame MBA program director Kelli Kilpatrick says a master’s degree in global affairs paired with a master of business administration complement each other well. 

“The combination of the two creates an intersection of business and global affairs and would be an attractive course of

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Central Indiana home sales continue to climb – WISH-TV | Indianapolis News | Indiana Weather

INDIANAPOLIS (Inside INdiana Business) – Monthly real estate statistics showed a dramatic decrease in housing inventory throughout central Indiana last month. Despite the drop, F.C. Tucker Co. says pended home sales increased 13% in August, compared to the same month last year. The year-to-date average home price increased 9% to $246,726.

Inventory decreased an unprecedented 49% last month, with only 3,326 homes listed in August 2020. That represents 3,253 fewer homes available for sale than in August 2019.

The company says 4,334 homes were purchased in the 16-county region last month, up from 3,830 sold in August 2019. Of the counties tracked by F.C. Tucker, the average August home sale price was $259,932, an increase of 11%.

“We’ve never experienced such interesting trends in residential real estate as we have during the summer of 2020,” said Jim Litten, chief executive officer of F.C. Tucker Co. “Once again in August, the

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North Judson launches business pitch competition – WISH-TV | Indianapolis News | Indiana Weather

NORTH JUDSON, Ind. (Inside INdiana Business) – The Starke County Economic Development Foundation will Saturday host the inaugural North Judson 2020 Business Pitch Competition. The organization says the competition’s ultimate goal is for the winning entry to establish a new or expanded business in North Judson.

The foundation says the winning entry will receive a total of $10,000 in prizes, with $5,000 in cash upon winning, and an additional $5,000 conditioned on launching or growing a business within the North Judson area.

Entries can include a startup business less than three years old, and the foundation says companies that are older than three years may also apply if they are developing growth through a new product, service line, expansion or implementation of a new strategic plan together with a clear growth plan.

“This competition falls in line with what we were formed to do, that being the creation and assistance

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