Next Level Indiana Fund

A venture capital firm provides equity financing for start-ups, expansion, relocation, seed capital, research and development, and product launches. The term also includes mezzanine, private equity, private credit, venture debt, buyout, and growth equity.

The Next Level Fund will make targeted investments in Indiana venture capital funds and Indiana businesses in order to generate competitive investment performance as well as support increased entrepreneurship and innovation in the State.

Office of the Indiana Governor: The Next Level Indiana Fund was a pillar of Governor Eric J. Holcomb's 2017 Next Level legislative agenda and aims to build a strong ecosystem in order to support entrepreneurship and innovation in the state of Indiana.

The page helps determine eligibility for an investment in the Next Level Fund.

Buyout – an investment made by a private equity firm whereby that firm acquires a controlling ownership in a target company. A leveraged buyout (LBO) is the purchase of a controlling interest in a company or a business unit of a company by an outside investor using mostly borrowed capital.

The policy guides prudent, measured, and effective actions by the Office of the Indiana Governor, the Next Level Fund Investment Board, the Program Administrator, the Next Level Fund Advisory Council, and retained contractors, while allowing flexibility.

The legal terms set the agreement governing site use, and Northern Trust Corporation can revise them.