Information

LISC Indianapolis recognizes that small businesses are critical to the health of our economy and community. The accelerator offers grant funding to support small businesses, particularly those that serve low-income communities and neighborhoods. Entrepreneurs benefit from financial support, mentorship, and access to a network of other small business owners and community leaders. The aim is to foster economic growth, create jobs, and build sustainable businesses that contribute to the overall well-being of Indianapolis.

How to Apply

To apply for the LISC Indianapolis accelerator, entrepreneurs should visit the LISC Indianapolis website. There, they can find detailed information about the application process, eligibility criteria, and deadlines. It is advisable to prepare a comprehensive business plan and outline how the grant funding will be utilized to benefit the community. Applicants may also be required to provide financial statements, a description of their business model, and letters of support from community members or organizations.

Total number of startups invested: 18

Average Funding: The specific amounts of funding can vary, but grants typically range from a few thousand dollars to support immediate needs, up to larger sums designed to facilitate significant business growth or community impact.

Industry: The accelerator focuses on small businesses that serve low-income communities and contribute to community development. This can include a wide range of industries such as retail, services, manufacturing, and social enterprises.

Market: United States