First-time entrepreneurs are full of fresh ideas that are crucial to the future of our economy, but what they sometimes lack is the experience and capital to get those ideas off the ground. Wise and experienced venture capitalists have plenty of resources, but aren't necessarily anxious to throw their hard-earned money at unproven ideas.
What both groups are looking for is someone who can analyze a good idea and work out in intricate detail whether or not it makes dollars and sense. Bringing these groups together is possibly the most paramount step in turning ideas into products, and ultimately jobs.
Enter Elevate Ventures, an incredible team of experts, entrepreneurs in residence and venture partners whose sole mission is to connect investors with innovators, and nurture that relationship from R&D to ROI. Elevate also works with the Indiana Small Business Development Center in assisting entrepreneurs through a corporative partnership. Essentially they fill in the information gap between people with the means to invest in something solid, and the people with solid ideas that need investors to begin their journey. And it's a long journey that involves multiple investors, each with a different timeline and return structure to work through a successful venture.
The Elevate team is one of the best in the nation at orchestrating that effort, and in future newsletters, we'll take a closer look, with real-world examples of great ideas, and the players behind the scenes that turn those concepts into successful and profitable businesses.