The Smart and Advanced Manufacturing (SAM) Fund
Investment and support for entrepreneurs in manufacturing and distribution
Key information & criteria
Up to $500K
Access to additional funding and support directly from SAM Fund Executive Director Mark Gramelspacher
Access to additional Elevate resources
Companies based in Indiana
Must be in Smart or Advanced Manufacturing
AI/Machine Learning/Natural Language Processing
Data Analytics and Big Data
Augmented Reality/Virtual Reality/Extended Reality
Additive (3D) Manufacturing Process
Industrial IoT Sensors/Programs/ Wireless Infrastructure
Robotics, Cobots, and Machine Vision
What to expect after applying
Meet with an EIR
After applying for the SAM Fund, the Entrepreneur-in-Residence will assist you to ensure you have everything you need to present to Elevate Ventures.
Present to Elevate
The Elevate Ventures investment team will evaluate if you are a fit through initial vetting and an in-person presentation and provide a recommendation for investment.
You will be asked to provide roughly 50 items for us to complete our due diligence process.
Final review & closing
The Elevate team will then review the recommendation and decide whether to approve it for closing.
Once finalized, you are responsible for providing quarterly reports to Elevate while receiving portfolio-company benefits.
Apply for the SAM Fund
On the application form, select “Direct Investment” from the dropdown menu to begin your application for the SAM Fund.