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Elevate Ventures Partners with Southwest Indiana Region Community Stakeholders to Launch Regional Entrepreneurship Action Plan
Date:7/12/2013

Indianapolis, IN (PRWEB) July 12, 2013

Elevate Ventures, a private venture development organization that assists and invests in high-growth, high-potential early and second-stage companies, announced a partnership with key community stakeholders to launch the Elevate Ventures Regional Entrepreneurship Action Plan (REAP) in Southwest Indiana. The first phase, also known as Quick Start, will provide local entrepreneurial resources and access to the firm’s funds under management. Elevate Ventures manages over $80 million in funds through its 21st Century Research & Technology Fund, its Indiana Angel Network Fund, its Community Development Fund and its recently launched Diversity Fund.

The introduction of this program will make several vital resources available to the region’s entrepreneurial community, including investment capital for high-potential, high-growth companies, the local placement of Elevate Ventures Entrepreneurs-In-Residence, participation in a statewide investor network, and the offering of Economic Gardening services to local second-stage companies.

First launched in October 2011 in Northern Indiana, the REAP is a four-year program designed to stimulate economic activity and to facilitate the emergence and development of high-potential companies into high-performing businesses. Through the REAP, Elevate Ventures staff, in partnership with local business leaders, economic development organizations, and other local stakeholders, will provide assistance and capital to identified early-stage and second-stage companies that have the intent and capacity to grow their business.

"Through REAP, Elevate Ventures will provide a fast track for entrepreneurs in this region by offering key services such as business analysis, advisory services and resources to succeed long-term and help companies
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