Indianapolis has become a fertile ground for entrepreneurs, thanks to a collaborative network of organizations dedicated to supporting small business development. These initiatives provide essential resources such as mentorship, funding, and education, contributing significantly to the city’s economic vitality.
IU Innovates Indianapolis
Launched in Fall 2023, IU Innovates Indianapolis connects students with mentors to transform ideas into viable businesses. Programs like JagStart and Founders Group offer practical guidance and a supportive community, aligning with Indiana University’s strategic goals of student success and service to the state. Learn more
PitchFeast
PitchFeast focuses on under-resourced entrepreneurs, particularly those identifying as Black or Brown. Their biannual Business Pitch Competition awards substantial funding to startups, with first-place winners receiving $25,000. Additionally, their Peer Group and Mentor Program provides ongoing support, enhancing the likelihood of successful business launches. Discover their programs
Indianapolis Urban League’s Entrepreneurship Center
Since July 2021, the Indianapolis Urban League’s Entrepreneurship Center has assisted minority small business owners through workshops, training, and individualized coaching. The center addresses barriers such as low income and unemployment, offering wrap-around services to ensure entrepreneurs can focus on business growth. Explore their services
Indy Chamber’s ReEntry Entrepreneurship Development Initiative (REDi)
The Indy Chamber’s REDi program supports formerly incarcerated individuals in launching businesses, aiming to reduce recidivism and promote economic stability. By providing business training, mentorship, and financial support, REDi empowers these individuals to contribute positively to the community. Read more
Indy Business Collective
Indy Business Collective serves as the backbone of Indianapolis’ entrepreneurial ecosystem, especially for business owners who have faced historic barriers. They coordinate resources through their Entrepreneurial Pathway Framework, connecting entrepreneurs to the right support at the right time. Learn about their mission
These organizations exemplify Indianapolis’ commitment to fostering a diverse and inclusive entrepreneurial environment. By providing comprehensive support, they not only help individual businesses succeed but also drive the city’s overall economic growth and innovation.