inVenture: Advancing Innovative Businesses August '07 
News in a Flash

Nominees Sought for Small Business of the Year Award

October 29, 2007 (INDIANAPOLIS) — Is your small business deserving of statewide recognition? The Indiana Chamber is now accepting nominations for its annual Small Business of the Year Award. The honor is open to all Hoosier businesses with 250 employees or fewer.

Indiana companies that can demonstrate best practices in business sustainability and growth, commitment to employees and a track record of community involvement are encouraged to apply. Nominations can be by self-nomination or from outside the company.

The entry deadline is Friday, December 14.

Nomination forms are available online at Indiana Chamber.

Required information includes: name of business, contact information, brief history of business (including sales figures, product/service, efficiencies, etc.), impact on community, why the company merits such an award, plus any additional supporting material.

Submit entries to: Shannon Wiseman, Indiana Chamber of Commerce, 115 W. Washington St., Suite 850 South, Indianapolis, IN 46204 or at swiseman@indianachamber.com.

The winner and finalists will be honored on January 22, 2008, during the Indiana Chamber’s annual Small Business Day at the Statehouse in downtown Indianapolis. At the event, attendees will participate in sessions on top legislative issues affecting small businesses such as property taxes and other vital topics, and have opportunities to discuss these key policies with lawmakers.

For more information about Small Business Day at the Statehouse, visit www.indianachamber.com or call (317) 264-6885 or (800) 824-6885.

From Indiana to Europe: Open for Business

Numbers released show Indiana exports reaching record levels.

European countries are among the leading destinations for both products and business partnerships.

Tamra Lewis, president and CEO of Pangea Lingua Translations and Communications, notes, “You can’t impose your standards upon where you’re going to do business. When Europeans come here to build a manufacturing or assembly plant, they pretty much play by our rules. They understand. We have to accept that and have that same attitude. … It’s important to keep in mind these countries have different customs, different perspectives than we do.”

For the complete article, please visit BizVoice Magazine.

CATS Receives Three Awards

BLOOMINGTON — Community Access Television Services of the Monroe County Public Library will be presented three Philo awards for excellence in noncommercial cable programming at the fall conference for the Alliance for Community Media-Central States Region.

“Clue B. Doo-Get a Clue-The Children’s Summer Reading Program 2007,” produced by Martin O’Neill, will receive Philo awards for children’s programming and promotional video. “Signal to Noise: The Silver Jews at the Bluebird,” produced by Jason Radke, will receive a Philo award for performing arts.

Children’s librarians showed “Clue B. Doo” at elementary schools throughout Monroe County to promote the library’s summer reading program, “Get a Clue @ Your Library.” The video is a takeoff of Scooby Doo, the fictional dog and popular star of film and television. “Signal to Noise” is a series of live music programs involving volunteers who assist CATS staff in recording and documenting local music events. This is the second Philo the series has garnered. The first was in 2004.

For more, please visit CATS TV.

ChaCha Receives $10 Million in Funding

The human-powered search engine ChaCha, based in Indianapolis, has received $10 million in funding. The company says $8 million of that funding comes from former Perot Systems CEO and EDS President Morton Meyerson. The investment will help to launch several unique services in early 2008. Meyerson has also been elected to ChaCha's board of directors.

For the complete article, please visit, InsideIndianaBusiness.

 
Small Business Spotlight

South Central Indiana's area economy is made up of many unique small businesses which often are overlooked. Each month learn about a local small business that you might have not known about!

Ferrer Gallery

The Ferrer Gallery occupies the 2nd floor of the Historic Village Green Building at 61 W. Main Street in Nashville, IN. The gallery has been newly optimized to facilitate the dual mission of learning and having display art space.

The Ferrer Gallery is consists of a new partnership between several long-time Brown County artists. The new partnership consists of Dick and Dixie Ferrer of Ferrer Studio and Gallery, Barb Brooke Davis of Brooke Davis Design and Connie Simmonds and Susan Threeehawks of Smashing Designs.  The purpose of this partnership is threefold.  The first goal is to showcase the completed work of the artists.  The second goal is to provide a location where the public can see the work being created.  And, the final purpose of the new partnership is to offer learning opportunities to those who are interested in creating their own art.

The new partnership is looking to take the art experience beyond the walls of the Village Green Building.  They will take classes and displays to area lodging or conference facilities for conventions.  They will work with the conference planner to establish goals for the attendees.  Their longer-term goal is for the space to be a gathering place for artists. 

For more information call the gallery at (812) 988-1994, or please visit the Ferrer Gallery website.

 

 
Tech News

Bloomington's downtown Certified Technology Park (CTP) is made up of many unique technology development businesses. Each month learn news about these innovative businesses and other initiatives impacting the Park tenants!

Hanapin Marketing Relocates

Hanapin Marketing has relocated to their new office at 525 S. Walker Street in Bloomington. Due to the growth of the business, Hanapin had to seek more space to accompany their business needs.

Hanapin Marketing specializes in sending potential customers to your website using search engines. They ensure that when someone searches for your product or service, your company is at the top of the results. Hanapin was this year's FUSE Business Innovation Awards recipient of the Innovative Business of the Year award.

Hanapin has developed an expertise in understanding the idiosyncrasies of doing business online and looking at each campaign from the business owner's perspective. Whether your website sells products or generates warm leads, Hanapin understands how search engines and the Internet can produce high-yielding results. To learn more, visit the Hanapin Marketing website.

Next Wave Systems Expands Offices

Next Wave Systems has expanded their offices in inVenture, at 501 North Morton St, Suite 106. They have now added a lab in Suite 112 to accomodate their needs here in Bloomington.

Next Wave Systems, LLC (NWS) is an engineering and technology company specializing in security and expeditionary warfare-related systems. Their mission is to deliver high quality systems and services to their customers in the most expedient and cost-effective manner possible.

For more information, please visit Next Wave Systems Website.

 
Upcoming Events

December 4: Community Chats
What: A weekly series to discuss issues facing Bloomington and the broader region.
Where: Village Deli, 409 East Kirkwood Ave.
Time: 7:30 - 8:30 am

December 5: Business Orientation Start-up Session (BOSS)
What: Learn what it takes to start your own business and become your own boss.
Where: SBDC, 501 N. Morton St., Suite 106A
Time: 10:00am - 12:00pm
Cost: $25
Contact: SBDC, 812-339-8937 (registration required)

December 5: Internetworking
What: A monthly series dedicated to helping Bloomington and Monroe County companies generate more business using Internet Marketing. With the mission of "Bringing together people, ideas, and the Internet to make your business better."
Where: 501 N. Morton St., Suite 100B
Time: 7:30 AM - 9:00 AM
Cost: Free
Contact: Please RSVP to Hanapin Marketing to attend.

December 7: New Economy, New Rules Seminar
What: Series of video conference presentations from industry leaders geared towards the information technology industry. Guest Speakers will be a panel of mayors-elect from across the state who will speak on their recent electoral victories, as well as their future plans for local economic development.
Where: inVenture, 501 N. Morton St., inVenture Conference Room
Time: 8:00 - 9:30 am
Contact: Marilyn Skirvin, Bloomington Economic Development Corporation, 812-335-7346

December 11: Community Chats
What: A weekly series to discuss issues facing Bloomington and the broader region.
Where: Village Deli, 409 East Kirkwood Ave.
Time: 7:30 - 8:30 am

December 18: Community Chats
What: A weekly series to discuss issues facing Bloomington and the broader region.
Where: Village Deli, 409 East Kirkwood Ave.
Time: 7:30 - 8:30 am

December 18: Artists After Hours Workshop
What: Bloomington Area Arts Council monthly Artists After Hours
Where: John Waldron Arts Center, 122 S. Walnut, Rose Firebay
Time: 5:15 pm

December 18: Tech Tuesday
What: A series of video conference presentations with a networking and educational component for Bloomington technology businesses.
Where: inVenture, 501 N. Morton St., inVenture Conference Room
Time: 7:30 - 9:00 am
Contact: Terri Brown, inVenture, 812-335-7356

December 18: Life Sciences Lunch Series
What: The Indiana Health Industry Forum and Barnes & Thornburg present a monthly seminar series on critical issues in life sciences.
Where: Ivy Tech Community College, Bloomington Campus
Time: 11:30 am - 1:00 pm
Contact: BEDC, 812-335-7346

December 19: Business Orientation Start-up Session (BOSS)
What: Learn what it takes to start your own business and become your own boss.
Where: SBDC, 501 N. Morton St., Suite 106A
Time: 3:00 pm- 5:00pm
Cost: $25
Contact: SBDC, 812-339-8937 (registration required)

December 19: Icebreakers
Due to the Holiday season, there will not be a December Icebreakers event.

January 2: Business Orientation Start-up Session (BOSS)
What: Learn what it takes to start your own business and become your own boss.
Where: SBDC, 501 N. Morton St., Suite 106A
Time: 10:00am - 12:00pm
Cost: $25
Contact: SBDC, 812-339-8937 (registration required)

January 4: New Economy, New Rules Seminar
What: Series of video conference presentations from industry leaders geared towards the information technology industry.
Where: inVenture, 501 N. Morton St., inVenture Conference Room
Time: 8:00 - 9:30 am
Contact: Marilyn Skirvin, Bloomington Economic Development Corporation, 812-335-7346

January 8: Community Chats
What: A weekly series to discuss issues facing Bloomington and the broader region.
Where: Village Deli, 409 East Kirkwood Ave.
Time: 7:30 - 8:30 am

 

 

USeful Links
Web sites to help your business succeed.

 
Tips of the Month

7 Habits for Business Success

You must develop seven key habits for business success. The absence of any one of these habits can be costly--if not fatal--to your business. When you become competent and capable in each of these areas, you'll be able to accomplish extraordinary results, far faster and easier than your competitors.

1. Plan Thoroughly
2. Get Organized Before You Get Started
3. Find the Right People
4. Delegate Wisely
5. Inspect What You Expect
6. Measure What Gets Done
7. Keep People Informed

Learn more at Entrepreneur.com.

 

 

SBDC Business Solutions

Business Check-up (BizBench)
Wonder how your business compares to others in your industry? There are a wide range of factors that go into the valuation process – from the company’s book value to a host of tangible and intangible elements. In general, the value of the business will rely on an analysis of the company’s cash flow. Its ability to generate consistent profits will ultimately determine its worth in the marketplace.

Contact the SBDC office at 812-339-8937 for more information.

View More Small Business Solutions

Thank you to the financial supporters and partners of inVenture and the South Central IN SBDC: Bloomington Economic Development Corporation, Bloomington Urban Enterprise Association, Cairril.com Design & Marketing, City of Bloomington, Indiana Economic Development Corporation, Indiana University, Ivy Tech Community College-Bloomington, Monroe County Government and the US Small Business Administration.

Sponsor:

Kiva

This newsletter is produced by the inVenture and is intended to keep our clients and partners informed of current programs and small business issues. Out of respect for your time, we will only send one announcement a month. If you would prefer not to receive this newsletter, please to be removed from our mailing list.

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inVenture: Advancing Innovative Businesses