In June 2025, Indianapolis hosted the Global Entrepreneurship Congress, a global event that brings thousands together to share and strengthen innovative approaches to empowering entrepreneurs everywhere. It was just the second time a U.S. city has hosted the event since its birth in 2009, with folks from across the globe — including a few friends of High Alpha — making their way to the heartland.
High Alpha Co-Founder and Managing Partner Scott Dorsey took the main stage alongside Patachou Founder Martha Hoover and BCforward CEO and Founder Justin Christian for a discussion on building in the heartland and lessons learned, led by Indiana Secretary of Commerce David Adams.
Let’s dive into the highlights.
The Power of Networks and Community
Indiana’s entrepreneurial ecosystem thrives on its accessibility and collaborative spirit. Whether building a consulting firm, SaaS company, or restaurant group, every panelist emphasized the importance of networks, mentorship, and a culture of helping others without expecting anything in return. Call it the Midwest spirit, but entrepreneurs in Indiana benefit from a supportive business community — one where no one feels too far out of reach, and where advice and resources are readily shared.
Indiana’s Unique Strengths
Indiana’s ecosystem boasts strong universities producing top talent, accessible leaders, and a track record of success stories.
Beyond the support system and eagerness to help Hoosier entrepreneurs, Justin noted another strength: 10% of the largest Black-owned businesses in the U.S. are based in Indiana, showcasing the state’s ability to foster diverse entrepreneurship. This unique blend of talent, mentorship, and opportunity is a key driver of the state’s economic growth.
Building for the Future
The panelists stressed the importance of reinvesting in success. To use the previous example of Black-owned businesses, it’s critical to understand why these businesses are thriving here, and how we can reinvest resources to further grow this unique strength. This includes supporting diverse business ownership, creating opportunities for young talent to stay in Indiana, and developing world-class amenities to attract creative professionals. Scott added that, “thriving entrepreneurial ecosystems require not just innovation but also a vibrant community where people want to live and work”. Investment in culture adds to the success of entrepreneurial ecosystems.
Advice for Entrepreneurs and Founders
The panel concluded with advice for aspiring entrepreneurs:
- Leverage the power of networks and mentorship.
- Focus on resilience and determination — startups are hard, but a strong support system makes the journey manageable.
- Build companies that contribute to the community and reinvest success back into the ecosystem.
- Create environments that attract and retain talent by fostering innovation, creativity, and a high quality of life.
Indiana’s entrepreneurial ecosystem is proof that collaboration, accessibility, and a strong sense of community can create a powerful foundation for innovation. As the panelists demonstrated, success is not just about building businesses — it’s about building a legacy for future generations of entrepreneurs.
