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???

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>> GERRY: IT'S TIME NOW TO GOINSIDE INNOVATION BROUGHT TO YOUBY DMI.>>

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ELEVATE VENTURES AND THENORTHEAST INDIANA REGIONALPARTNERSHIP HAVE SIGNED ATHREE-YEAR, $2.5 MILLION

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PARTNERSHIP TO DEVELOPINNOVATION AND ENTREPRENEURS INTHE 11-COUNTY REGION. ELEVATEHAS SIMILAR AGREEMENTS IN SOUTH

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BEND-ELKHART AND SOUTHWESTINDIANA.FOR MORE ON ITS EXPANDINGFOOTPRINT, I'M PLEASED TO

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WELCOME BACK ELEVATE VENTURES'CEO CHRIS LAMOTHE.AND, CHRIS, WELCOME.>> GREAT TO BE HERE, THANKS.

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>> FIRST OF ALL, TO GIVE FOLKSWHO MAY NOT KNOW THE ROLE OFELEVATE VENTURES, IT REALLY ISCONTINUES TO PLAY A KEY ROLE IN

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INNOVATION AND ENTREPRENEURSHIPAROUND THE STATE.SO ELEVATE HAS REALLYESSENTIALLY TWO FOCUS AREAS, ONE

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IS INVESTMENT, MOST PEOPLEUNDERSTAND THAT WE INVEST INSTART-UP AND EARLY-STAGECOMPANIES IN INDIANA TO

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ENCOURAGE ENTREPRENEURISM.BUT THE OTHER PIECE IS THISPIECE WE'RE TALKING ABOUT TODAY,WHICH IS REALLY HOW DO WE

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DEVELOP ENTREPRENEURISM ANDINNOVATION IN COMMUNITIESTHROUGHOUT THE STATE?>> AND IMPORTANTLY, AS WE WERE

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TALKING, INNOVATION,ENTREPRENEURSHIP, THAT CULTURE,CLEARLY, IT EXISTS IN CENTRALINDIANA, I THINK IT DOES

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ELSEWHERE.IT HAS TO BE VIBRANT AROUND THESTATE OF INDIANA.>> IT DOES.

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WHEN YOU TAKE A LOOK AT WHEREINDIANA WAS 12 YEARS AGO, GERRY,AND YOU REMEMBER, IT WAS -- WEWERE AT THE BOTTOM OF ALMOST ALL

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THE RANKINGS ACROSS A WIDEVARIETY OF AREAS, AND THE MOVETHAT INDIANA HAS MADE IN THELAST 12 YEARS HAS BEEN

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REMARKABLE.IN FACT, I WOULD ARGUE THEREISN'T ANOTHER STATE IN THECOUNTRY THAT HAS MOVED QUITE AS

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FAST AND FAR AS INDIANA HAS.AND AREAS LIKE COST OF LIVING,REGULATORY ENVIRONMENT, LOWTAXES, ALL THOSE THINGS THAT ARE

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IMPORTANT FOR STARTING ANDGROWING BUSINESSES.BUT THE ONE AREA THAT WE'RESTUCK AT THE BOTTOM IS

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ENTREPRENEURISM.AND SO THAT'S ALMOST THE NEXTKIND OF HOLY GRAIL FOR INDIANAIS TURN THAT ON AND LIGHT A

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FIRE.>> Gerry: LET'S TALK ABOUTNORTHEAST INDIANA, JOHN SAMPSONAND THOSE FOLKS, VERY AGGRESSIVE

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IN DOING THINGS.11-COUNTY REGION, HOW DOES ITWORK?>> THIS IS OUR SECOND

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PARTNERSHIP WITH THEM, WE HAVE ATHREE-YEAR PARTNERSHIP, WE'VERENEWED THIS PARTNERSHIP.ESSENTIALLY IT'S FOCUS ON

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BUILDING INNOVATION ANDENTREPRENEURISM IN THE REGION,AND EVEN HELPING TO COORDINATEALL THAT ACTIVITY SO WE'RE ALL

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WORKING TOGETHER TO MOVE THEBOAT IN THE SAME DIRECTION.>> Gerry: A LOT OF THECOMPANIES, OLD NATIONAL,

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HUNTINGTON UNIVERSITY, LAKE CITYBANK ARE INVOLVED.>> YES.WE'VE GOT A WONDERFUL PARK VIEW

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HOSPITAL.THERE'S A WONDERFUL GROUP OFPARTNERS, THEY RAISED A MILLIONDOLLARS ON THEIR END, WHICH

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INDICATES THEY'RE SERIOUS ABOUTTHIS, ELEVATE MATCHES WITH AMILLION-AND-A-HALF, WE LEVER2. MILLION.

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>> THIS IS STATEWIDE, YOU HAVE ASIMILAR PARTNERSHIP IN SOUTHBEND, ELKHART, SOUTH CENTRALINDIANA.

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SOUTHWEST INDIANA.THIS WEEK, YOU'RE MENTIONINGANOTHER NEW ALBANY AREA,SOUTHEAST INDIANA.

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>> YES.WE'RE EXCITED ABOUT THATPARTNERSHIP DOWN THERE.AND THAT'S A VERY INTERESTING

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AREA OF THE STATE.BECAUSE, YOU HAVE A REGION DOWNTHERE THAT'S 70% OF THAT REGIONIS ACROSS THE RIVER IN KENTUCKY.

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30% IS NORTH.SO HOW CAN WE PUT TOGETHERSOMETHING THAT ENABLES THEENTIRE REGION TO GROW.

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IF THE KENTUCKY SIDE GROWS IT'SGREAT FOR INDIANA.>> VERY IMPORTANT, INITIATIVE INTERMS OF ENTREPRENEURSHIP AND A

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STATEWIDE BASIS, ELEVATE