Ball State University's trustees chairman said Friday it accepted John Schnatter's apology and will continue its support of the John H. Schnatter Institute for Entrepreneurship and Free Enterprise.

The Pence administration says the proposal aims to generate outside investment, potentially elevating the value of the overall plan.

Overall, the city's entrepreneurial growth rate saw one of the biggest drops nationwide

The space will provide startups and small businesses with affordable space and a chance to collaborate.