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Monday, August 15, 2022

Entrepreneurial competition winners get $660k

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Alicia Mckoy, founder of Peak Mind, won a pitch contest from Elevate Ventures and received an $80,000 investment.

Alicia Mckoy

“Winning this investment from Elevate Ventures means that we can continue to build our innovative mental well-being technology that could save lives,” Mckoy said.

Winners from a regional entrepreneurial competition received a combined $660,000 in investments. The competition was through Elevate Ventures’ higher-education program Elevate Nexus

Most winners are connected to a university.

Central Indiana winners:

· Adjuster Tools, Indiana State University ($20,000)

· Fia Technologies, Indiana University ($20,000)

· NanoBio Designs, Purdue University ($20,000)

· LeafTech Ag, Purdue University ($80,000)

· Peak Mind, Purdue University ($80,000)

All winners have the opportunity to compete for $320,000 during the Elevate Nexus Statewide competition later this year.

“We are thrilled to see the quality of Indiana companies continue to rise, a testament to Indiana’s support of innovation-driven companies,” said Landon Young, executive director of university initiatives at Elevate Ventures.

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