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FEDERAL

Elevate Small Business Grant

FHLBank Indianapolis grants up to $20,000 for small business growth through member financial institutions.

About this program

The Elevate Small Business Grant provides funding through participating FHLBank Indianapolis member institutions to help small businesses grow, expand, purchase equipment, improve property, or address business needs.

Eligibility

Eligible small businesses in Indiana or Michigan working with a participating FHLBank Indianapolis member institution.

Requirements

  • Apply through a participating member financial institution
  • Provide business documentation, project budget, use-of-funds, and eligibility materials
  • Meet program and bank review requirements