The pandemic brought on many challenges for Indiana’s business climate, but it appears the state is actually moving ahead when it comes to start-up businesses being invested in. Chris LaMothe, CEO of Elevate Ventures, said a recent study of venture capital investment in Indiana shows that it was up by 20% in 2020 compared to 2019, when there was no pandemic. In Indiana, there were around 160 new “low-end” venture capital investment deals struck between investors and business owners. There were just 130 in 2019.
