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Find similar grantsElevate Small Business Grant Program is sponsored by Federal Home Loan Bank of Indianapolis. Supports small businesses in Indiana and Michigan to stimulate local economic development, business expansion, workforce development, and job creation.
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Or search similar grants →Extracted from the official opportunity page/RFP to help you evaluate fit faster.
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. Master Agreement and Registration due Sept.
4 FHLBI. GIVES opens for applications Sept. 7 For more information about 2026 Elevate Small Business Grant requirements, please review the 2026 Elevate training (also linked below under program materials).
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! 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? To participate in Elevate in 2026, FHLBank Indianapolis Members must first submit the Elevate Master Agreement/Registration form to housing@fhlbi.
com by September 4th. The Master Agreement will act as the member's Notice of Intent (NOI). Upon receipt, the Bank will issue the member login credentials to access .
GIVES. Applications can be entered in . GIVES starting September 7th, and no later than October 1, 2026.
Application documents for small businesses will be provided to the member upon receipt of the Master Agreement. *Submission of the Master Agreement does not obligate the member to submit applications for funding. Program guidelines and information 2026 Program guide Elevate past recipients 2025 Elevate Recipients FHLBank member registration 2026 Master Agreement/Registration .
GIVES Logins and User Guides
According to the current listing, eligibility includes: For-profit businesses headquartered in Indiana or Michigan, established for at least 12 months, with 2025 annual gross revenue between $20,000 and $1 million. Confirm the full requirements in the official notice before applying.
The current listing shows up to $20,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Applications for Elevate Small Business Grant Program are due October 1, 2026. Build your timeline backwards from this date to cover registrations, approvals, and final submission checks.
Elevate Small Business Grant Program is funded by Federal Home Loan Bank of Indianapolis. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Michigan and Indiana. Check the official notice for exact location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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