Columbus and Bloomington Announce Elevate Ventures Deal Columbus and Bloomington Announce Elevate Ventures Deal Columbus and Bloomington Announce Elevate Ventures Deal Columbus and Bloomington Announce Elevate Ventures Deal Columbus and Bloomington Announce Elevate Ventures Deal Columbus and Bloomington Announce Elevate Ventures Deal Columbus and Bloomington Announce Elevate Ventures Deal Columbus and Bloomington Announce Elevate Ventures Deal

Columbus and Bloomington Announce Elevate Ventures Deal

Mayor John Hamilton of Bloomington and Mayor James Lienhoop of Columbus announced a joint community partnership with Elevate Ventures today. Elevate Ventures is a venture capital development organization based in Indianapolis that funds efforts in cities and regions throughout Indiana in order to Foster entrepreneurship and startup growth in Indiana.

This three-year, up to $2.5 million partnership was formed with the mission to develop a culture and infrastructure of sustainable innovation and entrepreneurship in the South Central Indiana region.

The agreement include an up to $1.5 million contribution by Elevate Ventures and $1 million from the communities.

These funds for program support and investment are designed to begin the cultural shift toward entrepreneurship and innovation. Our initiatives include investments in local high-potential high-growth businesses, portfolio services, events for entrepreneurs and investors, marketing support, business coaching, access to professional resources, a dedicated Entrepreneur-in-Residence and more.

Official partners and key supporters will be announced during the launch event on Dec. 6 at 5:00 PM at Big Woods at Hard Truth Hills Welcome Center in Nashville, Ind.

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