Elevate Ventures invests in qualified Indiana businesses that:
- Have 500 or fewer employees
- Are headquartered in the State of
Indiana or have committed to, or are in the process of, initiating,
expanding and/or consolidating operations in the State of Indiana
- Are primarily focused on the commercialization
of research and development, technology transfer, the application of new
technology, or are determined by Elevate Advisors to have significant
potential to:
- Bring
substantial capital into Indiana
- Create
jobs
- Diversify
the business base of Indiana
- Generate
eventual financial returns
- Have, or will have at least fifty percent
(50%) of its employees residing in Indiana, or seventy-five percent (75%)
of its assets located in Indiana
- Have had average annual revenues less than
fifty million dollars ($50,000,000) in its two (2) most recent fiscal
years and
- Are not engaged in a business involving
real estate, real estate development, insurance, professional services
provided by an accountant or a lawyer or a physician, retail sales (except
when the primary purpose of the business is the development or support of
electronic commerce using the internet), or oil and gas exploration