The Mill isn’t just a singular vision. It’s a project that’s been over ten years in the making. The Mill is supported through a variety of funders, individuals, entrepreneurs, and organizations all working together in order to make The Mill the center of innovation for Bloomington and Greater Indiana. Here are some of the organizations that we’re proud to have partnered with in order to make The Mill a reality:
Elevate Ventures Regional Partnership
Elevate Ventures and the Economic Development Coalition of Southwest Indiana have entered into a three-year, $2.5 million partnership to develop a culture and infrastructure of sustainable innovation and entrepreneurship in the Southwest Indiana region. This new partnership is Elevate Southwest Indiana.
Partner contributions will support entrepreneurial activities designed to endure beyond the initial term. Initiatives will include investments in local businesses, portfolio services, a dedicated Entrepreneur-in-Residence, events for entrepreneurs and investors, marketing support, business coaching, access to professional resources and more.
The Mill and the City of Bloomington have partnered with the City of Columbus, IN in order to work toward receiving the funding from this partnership.
Learn More about Elevate Ventures here.
IU Philanthropic Venture Fund
The Philanthropic Venture Fund was established in 2017 by the IU Research and Technology Corporation (IURTC) and the IU Foundation to help achieve one of the university’s Bicentennial Priorities, Building a Prosperous and Innovative Indiana. Managed by IURTC, the fund aims to bridge the gap in the startup funding continuum by making equity investments in high-potential early-stage companies with IU ties.
IU has committed $15 million to the fund, with the goal of raising another $35 million from alumni and supporters of the university. The proceeds from successful investments will be returned to the fund, where they will be used to support more new companies.
Learn more about IU Philanthropic Venture Fund here
B-Start participants are at the earliest stage of their business development and are coached through a 5-month process of mentorship and group activities to build a foundation for accelerating the growth of their startups.
For the 2018-2019 B-Start cohort, all group workshops will take place on Tuesdays, from 5:30-6:30pm.
Learn more about B-Start here.
VisionTech Partners & VisionTech Angels
VisionTech Partners and VisionTech Angels are committed to advancing Indiana’s innovation ecosystem by mentoring and investing in promising startup companies and technologies with the potential of delivering significant return to our investors and the marketplace at large. Our goal is to bridge the gap between early stage funding and other investment rounds.
Learn more about VisionTech here.
SproutBox invests in entrepreneurs. We represent a new approach to venture capital that is about more than just writing checks. We invest ourselves in a company’s success. We give selectively chosen startups the team, tools, and resources needed to turn their early stage ideas into a revenue-generating reality.
Learn more about SproutBox here.