Help your small business customers
Small businesses are the foundations of our communities, and together with our members, we want to help them thrive with the FHLBank Indianapolis Elevate grant.
We believe that strong small businesses generate more economic opportunities for everyone. With an Elevate grant, our members can help their small business customers expand or train new or retain existing workers.
Small businesses like Hometown Bicycles, featured in the video below, have used Elevate to help take their business to the next level.
What is Elevate?
Elevate is a small business grant program that assists the growth and development of small businesses, their workforce, and the communities where they are located. Your customers can use up to $12,500 for working capital and up to $25,000 for capital expenditures, workforce training, or a variety of other needs to get the boost that they need.
This grant is designed to benefit our members and their customers by strengthening relationships they already have. That’s a win for everyone involved.
Who can apply?
The small business must be located in Indiana or Michigan, and they must be sponsored by an FHLBank Indianapolis member to complete the application. Each small business is limited to one application.
Find a member