Grant Applications Currently Closed

Thank you for your interest in the Indy Black Businesses Accelerator Grant. The application period for this round has ended. Please subscribe to our newsletter to be notified when the next funding round opens.

The Indy Black Businesses Accelerator Grant is the first in a series of funding opportunities designed to support Black-owned businesses in Indiana. This $500 micro-grant provides targeted assistance to a small business with specific and immediate funding needs, helping them take measurable steps toward their goals.

Whether it’s covering marketing expenses, purchasing essential tools, or addressing key business costs, this grant is designed to make a tangible impact on a business’s journey.

This is just the beginning—we’re committed to providing more opportunities for Black entrepreneurs to thrive.

Designed to make a difference, one business at a time.

Why Does This Grant Matter?

This grant is not about transforming businesses overnight but about:

  • Helping with small, impactful needs (e.g., marketing, tools, or inventory)
  • Supporting businesses that have actionable plans for growth
  • Highlighting and promoting Black-owned businesses in the community

Eligibility Requirements

To be eligible for the Indy Black Businesses Accelerator Grant, you must meet the following criteria:

  • Must be a Black-owned business located in Indiana
  • Must be actively operating and generating revenue (even minimal)
  • Must have a clear, actionable plan for using the $500
  • Must be listed in the Indy Black Businesses Directory (free to list your business)
  • Must agree to submit a follow-up report within 3 months

Previous Grant Cycle Dates

  • Application Period: Closed March 15, 2025
  • Winner Announced: March 25, 2025

What Does the Winner Receive?

  • $500 in funding for immediate business needs
  • A featured spotlight on our website and social media
  • Priority listing and promotion in the Indy Black Businesses Directory.

FAQs

Future Opportunities

While this grant cycle has closed, we encourage you to:

  • Subscribe to our newsletter for updates on future grant opportunities
  • List your business in the Indy Black Businesses Directory
  • Follow us on social media for community updates and resources