October 16th, 2018

Bloomington and Columbus Commit to Entrepreneurial Push

$2.5 million Elevate Ventures’ partnership to boost innovation across the region

BLOOMINGTON and COLUMBUS, IND. — Mayor John Hamilton of Bloomington and Mayor James Lienhoop of Columbus announced a joint community partnership with Elevate Ventures, a venture development organization based in Indianapolis, Ind., today.

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 terms of 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 entrepreneurism and innovation. Initiatives will 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.

Stakeholders and leaders in South Central Indiana representing a range of interests were involved in the decision to join forces with Elevate Ventures. 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.. The public and media are welcome to attend this event.

Back to Top

Access Elevate Portals to