ELKHART, INDIANA, SEPTEMBER 20, 2012. – The Corporate Partnership for Economic Growth (CPEG) announced today that North Central Indiana has secured three million dollars to support entrepreneurship and venture development in the region.Leading businesses and institutions from throughout the region are committing $1 million to fund the Regional Entrepreneurial Action Plan (REAP). The $1 million commitment will be matched by a $2 million investment by the Indiana Economic Development Corporation (IEDC). This funding will be provided to Elevate Ventures, a venture development organization, to provide services to entrepreneurs in Elkhart, Kosciusko, Marshall and St. Joseph counties.
CPEG President and CEO Shawn Peterson led the fundraising effort in the region. “By raising the $1 million, our community confirmed its commitment to local entrepreneurs whose companies have high growth potential,” says Peterson. “I want to thank our donors for their leadership and vision in supporting Elevate Ventures. Together, we look forward to watching our local entrepreneurs build and expand their businesses in North Central Indiana.”
Contributors in North Central Indiana include the 1st Source Foundation, CB Richard Ellis, the Community Foundation of St. Joseph County, Crowe Horwath LLP, the Elkhart County Community Foundation, Elkhart General Hospital, Key Bank, Lake City Bank, McGladrey LLP, Memorial Hospital and Health System, Mutual Bank, NIPSCO, Old National Bank, StepStone Angels – Warsaw, the University of Notre Dame, and an anonymous donor.

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