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Find similar grantsElevate Small Business Grant is sponsored by Federal Home Loan Bank of Indianapolis. Provides grants for capital expenditures, workforce training, or other needs to support small business growth.
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Elevate Small Business Grant Elevate Small Business Grants Supporting 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 throughout Indiana and Michigan have used Elevate to help fund training and professional development opportunities, technological enhancements, new or upgraded equipment and more. Notice of Intent due Sept.
4 The program kickoff webinar on March 3 will provide additional information on the upcoming round, including funding amounts, requirements and deadlines. This live webinar will be recorded and posted online. Elevate is a grant program that assists the growth and development of small businesses, their workforce and the communities in which they are located.
Grant recipients may receive up to $20,000 for capital expenditures, workforce training or other expenses to get the boost they need to take their business to the next level. This grant is designed to benefit FHLBank Indianapolis members and their customers by strengthening relationships they already have. That’s a win for everyone involved!
Elevate has undergone some changes this year and is no longer a competitive program. FHLBank Indianapolis members may submit funding requests of up to $20,000 on behalf of a small business, or two requests of up to $10,000 each on behalf of two small businesses, for a maximum per-member cap of $20,000. The full list of requirements can be found in the Elevate Small Business Grant program guide linked below.
Getting started with Elevate How do FHLBank Indianapolis members access Elevate funds? The 2026 round materials will be available June 3rd Program guidelines and information 2026 Program guidelines Elevate informational materials Elevate past recipients 2025 Elevate Recipients FHLBank member registration 2026 Master agreement 2026 Program registration . GIVES Logins and User Guides
Based on current listing details, eligibility includes: Small businesses partnered with an FHLBank Indianapolis member. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $20,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.