Elevate Ventures launches ‘pre-accelerator’

Elevate Ventures has launched a pre-accelerator program to “prepare aspiring entrepreneurs within higher-education institutions and the communities they serve to launch Indiana startups.”

Elevate Origins will offer online classes and on-site gatherings to help entrepreneurs prepare to seek investments or participate in pitch competitions.

“Colleges, universities and communities can be the pillars of innovation and entrepreneurial success in the future,” said Elevate Ventures CEO Chris LaMothe in a statement. “Elevate Ventures is determined to be the catalyst for this transformation.”

The program will be administered by Gener8tor, a Wisconsin-based network of accelerators, including a gBETA program in Indianapolis.

After completing the Elevate Origins training, alumni will have access to resources and opportunities such as ongoing office hours; introductions to mentors and investors; automatic interviews for the intensive, seven-week gBETA program; and the opportunity to pitch at an Elevate Nexus competition.

“I’m excited to partner with Elevate Ventures to prepare even more startups to participate in an accelerator like gBETA, take future investment and grow their companies in Indiana,” gBETA Indy Manager Chelsea Linder said in a statement. “This program will be a great way for universities to support their entrepreneurial students and community members who haven’t previously had access to resources such as ours.”•

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