Review on Elevate Ventures by Olugbenga Ajayi
Elevate ventures is impacting lives through its accelerator program
The strength of a state is measured by its iits internally generated revenue(IGR) which equally depends majorly on the number of industries available in the and how well they are doing. Elevate venture is a venture capital company and an accelerator based in Indianapolis, United States of America. It was founded in 2011 as a private organization with rhe objective of elevating pre-seed, early stage companies and startups in other to build the future economy of Indianapolis as a state that can compete with other states in the US.
This dream has been captured and nurtured very actively considering the number of years the company has been in operation and how many startup it has developed into successful companies, how many exits, how many lives it has impacted through its job creation fits. Every year, many startup havr equal opportunity to apply and get admitted for this opportunity twice a year. Thr support provided surpassed just fund but also coaching and mentorship. Hence investors are able to get ample opportunities to invest in viable and lucrative ideas and startups are able to get through fund of fund, grants, or grant matgrant matching.
I love the objective of companies like this as it impacts humanity a lot. The only issue i hi have is that it is only based on Indianapolis and it doesn't seems to be strong financially as it depends mostly on external investors.
Pros
- It is giving startups opportunity to access funds
- Its mentorship through grant matching ptogram is life changing Well designed website
- It deals with innovative ideas from different sectors
Cons
- It is Indianapolis focussed
- It is not financially strong
