Start-ups get city boost through innovation initiative

COLUMBUS, Ind. — Local start-up companies will get assistance in developing their firms through a joint community partnership between the cities of Columbus and Bloomington and a venture development organization in Indianapolis.

The three-year, up to $2.5 million partnership announced Tuesday is with Elevate Ventures, which was created through the state of Indiana to help entrepreneurs with startup businesses, Mayor Jim Lienhoop said.

The state of Indiana will be contributing $1.5 million toward the effort that will be shared between the cities of Columbus and Bloomington.

Please read Wednesday’s edition of The Republic for more details.