September 5th, 2017

News Release

 

To Be Announced Oct. 2, Multi-Million Dollar Investment to Boost Entrepreneurship and Innovation Across Region

FORT WAYNE, IND., – A multi-million-dollar escalation in the partnership between Elevate Ventures and the Northeast Indiana Regional Partnership will be announced Oct. 2.

Elevate Ventures will host a news conference and reception to unveil “big checks” representing the initiative. The event will take place at the 1st Source Building, 200 E. Main Street, Fort Wayne, Ind., on Oct. 2. A news conference will begin at 6 p.m. with reception to follow.

Stakeholders and leaders in Northeast Indiana representing a range of interests are involved in the decision to join forces with Elevate Ventures. Official partners will be announced during the news conference.

Indiana’s business environment is ranked among the best in the world, yet the state’s entrepreneurship and innovation performance is failing to keep pace. Indiana ranks No. 44 for job creation and No. 42 for its share of total employment for firms less than six years old.

Additionally, the Kauffman Entrepreneurial Index, a leading indicator of new business creation in the United States, lists Indiana as No. 44 out of 50. Region-by-region, Elevate Ventures is focusing on advancing entrepreneurship and innovation to bridge the wide gap between Indiana’s celebrated business environment and its potential to thrive.

Elevate Ventures is exploring potential partnerships around Indiana.
Current partnerships include:

 

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About Elevate Ventures
Elevate VenturesElevate Ventures is a private venture development organization that nurtures and develops emerging and existing high-potential businesses into high-performing, Indiana-based companies. Elevate Ventures accomplishes this by providing access to capital, rigorous business analysis and robust advisory services that connect companies with the right mix of resources businesses need to succeed long term. To learn more about Elevate Ventures, visit elevateventures.com.

 

About The Northeast Indiana Regional Partnership
Northeast Indiana Regional PartnershipThe Northeast Indiana Regional Partnership’s mission is to build, market and sell Northeast Indiana to increase business investment. Founded in 2006, the public-private partnership strives to build a globally competitive region. The Partnership’s Vision 2030 framework supports collaborative regional efforts to increase per capita income, population growth and educational attainment by emphasizing business attraction, talent attraction and talent development. The Partnership represents 11 member counties: Adams, Allen, DeKalb, Huntington, Kosciusko, LaGrange, Noble, Steuben, Wabash, Wells and Whitley counties. For more information, visit neindiana.com.

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