The Fishers City Council will consider a proposal Monday night to buy a building that would give Launch Fishers four times the size of its current location. The plan calls for the city to acquire the former DECA Financial Services Building for $3.1 million and lease it back to Launch Fishers. Founder John Wechsler says, in less than three years, the accelerator has grown to nearly 500 members. During an interview on Inside INdiana Business Television, Wechsler says the new building will give Launch Fishers the opportunity to more than double the number of companies it serves. Fishers and Launch Fishers in partnership with Ball State University have unveiled plans to create a Center for Excellence in Entrepreneurship.

Mayor Scott Fadness says they are trying to redefine what 21st century economic development looks like. He says it's important to create an environment where they “see businesses flourish and ideas come to life.”

Source: The City of Fishers, Inside INdiana Business

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