A deeply held belief
At Elevate Ventures, we believe that communities and regions across Indiana can achieve more when they make entrepreneurism part of their DNA.
Indiana has a business environment ranked among the best in the world, and statewide leaders in business, education and government are increasingly interested in entrepreneurism’s potential to elevate quality of life and attract and retain talent in communities big and small. The moment to capitalize is now.
Elevate Ventures exists to create sustainable cultures and infrastructure across Indiana that support the ongoing development and success of entrepreneurs. Our vision is to be regarded as a critical guide, resource and community catalyst for developing high-performing, high-growth, Indiana-based businesses.
Our hybrid approach
Elevate is not one thing or another. Our hybrid approach to the challenge of growing entrepreneurism helps define who we are and how we are different: we are partand part . This twofold strategy means we not only provide investment capital to Indiana entrepreneurs and robust investment opportunities to funders, but we also make value-added services available to entrepreneurs and community leaders. Collaborative relationships with universities and communities across the state are critical to this model.
On a tactical level, Elevate Ventures plays a role in a number of ways. Consider these likely scenarios:
The Elevate Ventures organization as it exists today is the result of a pivot, responding to a need with a solution, like any smart business. We evolved from the 21st Century Research and Technology Fund founded in 1999, which was primarily a grant-making agency supporting academic institutions in Indiana. But startups needed more than just capital. They also needed expert advisory services, and the State of Indiana was calling for more direct economic development strategies to complete the picture. In 2011, Elevate Ventures established operations to fulfill the need. The State of Indiana remains a major client for Elevate Ventures as we serve every region around the state.