E3 Investment Group (E3iG), headquartered in New York, announced today the launched the first ever EB-5 venture in Indianapolis, Indiana. E3 Investment Group is deploying the capital in its trucking business, E3 Cargo Trucking. According to Matt Gordon, Chief Executive Officer of E3iG, “We have successfully achieved among the most important of all milestones. We have secured our operational funding and are now in the process of hiring our first employees and deploying the investment capital of our immigrant investor who is using this investment as the basis of her petition to become a lawful permanent resident of the United States. Within the month, we hope to have our first trucks carrying freight on the road to build Indianapolis’, Indiana’s and America’s next great trucking company.”
E3 Investment group is the leader in structuring direct EB-5 investments that are designed to encourage international investment in the United States. E3iG’s businesses are structured using its patent pending Scalable-Direct® business model that allows investors to participate in opportunities that do not require the time and expense of regional center sponsorship, while affording them the benefits of being part of larger opportunities, including having the companies that receive their investment capital managed by a team of industry professionals.
While in Indianapolis in late December, Mr. Gordon met with City and State officials to celebrate the success in being the first group to use the EB-5 program in the city as well as discuss plans for the future.
Indianapolis Mayor Ballard commented, “Foreign direct investment is a critical component to elevating Indy on the international business stage. Indy is rapidly growing as an international destination for business having ranked 7th in the nation in 2014 for percentage job growth from foreign-owned companies.”
E3 Investment Group’s work in Indianapolis was the subject of a major public policy white paper published by ICIC.org (The Initiative for a Competitive Inner City), founded by Harvard Business School’s illustrious professor, Michael Porter. The paper entitled Increasing Economic Opportunity In Distressed Urban Communities With EB-5, can be found at this link:
http://www.icic.org/ee_uploads/publications/ICIC_EB5Impact_Report.pdf
Source - Digital Journal