Strategy

Investment Strategy

Investment Focus

Spring Mill Venture Partners (SMVP) focuses on developing the technology resources of Indiana and the Midwest, emerging markets that are home to exceptional innovation arising from rich life sciences and information technology intellectual capital, low costs of living and doing business, and a high quality of life. Historically overlooked by early stage venture capital, Indiana and the Midwest region offer excellent opportunities for SMVP to support the best management teams.

Investment Criteria

  • Stage: Seed and Early Stage companies
  • Industry: Life Sciences and Information Technology
  • Geography:Midwest (Indiana, Illinois, Kentucky, Michigan, Ohio) and select opportunities elsewhere within our networks
  • Partnership: We seek close partnerships with excellent entrepreneurs. SMVP adds value to businesses through hands-on investment approach and our deep experience as investors and business operators. These strengths also allow us to leverage our networks to assist portfolio companies.

Evaluation Process

We believe that great companies start with great management teams addressing real world problems with a compelling solution. In addition, the company should be focused on a market that is large and growing. Our due diligence will generally take three to six months and focus on gaining confidence in the management team and our assessment of the opportunity. The length of the process can vary, depending on the stage of your company.

We are highly selective about our investments and extremely thorough in our process. Only companies possessing the right attributes and growth capabilities make it through the entire process. For those who do, we believe the rewards are many. We help entrepreneurs’ ideas come to fruition and contribute to the economic vitality of Indiana and the Midwest.