Accelerate Your Business Growth with a $500 Micro-Grant
One Black-owned business in Indiana will receive $500 to address a key business need.
The Indy Black Business Accelerator Grant is a $500 micro-grant awarded to one Black-owned business in Indiana. This initiative aims to support small businesses with specific and immediate funding needs, helping them take measurable steps toward their goals.
Whether it’s covering marketing expenses, purchasing tools, or investing in operational improvements, the grant is designed to make a tangible impact on a business’s journey.
Designed to make a difference, one business at a time.
Why This Grant Matters
This grant isn't about transforming businesses overnight it's about providing strategic support where it's needed most.
- Helping with small, impactful needs.
- Supporting businesses with actionable growth plans
- Highlighting and promoting Black-owned businesses in the community
Eligibility Requirements
To be eligible for the grant, you must meet all of 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
Need to list your business? It's free and takes just minutes
- Must agree to submit a follow-up report within 3 months
Previous Grant Winners
Elite Scholar Tutoring
Education and Training • Indianapolis, IN
"I'm truly grateful for the role Indy Black Businesses played in helping me grow my impact and reach more students. It's been such a blessing to see these successes come to life, and I'm excited to keep building on this momentum."
— Makailya, Founder of Elite Scholar Tutoring
Important Dates
- Applications Open: Now
Submit your application anytime
- Application Deadline: September 19, 2025
Applications will be accepted until September 19, 2025
- Winner Announced: September 30, 2025
Winner will be notified via email and announced publicly
- Follow-Up Report Due: 3 months after award
Winners submit a brief impact report
What the Winner Receives
- $500 in direct funding
Immediate financial support for your specific business needs
- Featured business spotlight
Promotion across our website and social media channels
- Priority directory listing
Enhanced visibility in the Indy Black Businesses Directory
Frequently Asked Questions
How to Apply
Follow these simple steps to submit your application for the Indy Black Business Accelerator Grant:
- Complete the application form below
Provide your business details and personal information
- Explain how you'll use the $500 grant
Submit a clear plan for how the funding will help your business
- Ensure your business is listed in our directory
List your business for free if you haven't already
- Submit your application
Review and submit your completed application
Questions?
Have questions about the grant program? We're here to help.
Reach out to us at info@indyblackbusinesses.com