Indianapolis has become a fertile ground for entrepreneurs, offering a variety of resources and programs designed to support small business growth. These initiatives provide mentorship, funding, and educational opportunities to help local businesses thrive.
IU Innovates Indianapolis
Launched in Fall 2023, IU Innovates Indianapolis connects students with mentors to transform ideas into viable businesses. Programs like JagStart, Founders in Residence, and Founders Group offer practical guidance and a supportive community for budding entrepreneurs. Learn more
PitchFeast
PitchFeast hosts biannual business pitch competitions, providing under-resourced entrepreneurs, particularly those identifying as Brown or Black, the chance to secure funding and support services. Winners receive substantial prizes, including equity or low-interest loans, to help launch their startups. Discover more
Indianapolis Urban League’s Entrepreneurship Center
Established in July 2021, the Entrepreneurship Center assists minority small business owners with workshops, training, and individualized coaching. The center aims to help entrepreneurs develop, launch, sustain, and grow their businesses in Central Indiana. Find out more
Indy Chamber’s Business Services
The Indy Chamber offers comprehensive support for businesses at every growth stage, including access to capital, business coaching, and specialized programs for women and minority-owned businesses. In 2024, they distributed over $668,000 in capital and provided more than 6,600 hours of free coaching. Explore their services
Indy Business Collective
Indy Business Collective is an alliance of business development organizations dedicated to building an equitable entrepreneurial ecosystem in Indianapolis. They coordinate resources and support entrepreneurs through every phase of their journey, from idea to exit. Learn more
These programs and organizations exemplify Indianapolis’s commitment to fostering a vibrant and inclusive entrepreneurial environment, ensuring that local businesses have the support they need to succeed.