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Find similar grantsFHLBank Indianapolis Elevate Grants is sponsored by Federal Home Loan Bank of Indianapolis (FHLBI). Elevate grants help small businesses in Indiana and Michigan grow and cover costs related to business expansion and workforce development. Eligible expenses include technology enhancements, capital improvements, and workforce development.
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* Mortgage Purchase Program * Correspondent Banking Services * Affordable Housing Advisory Council * Mission, Vision and Guiding Principles * AHP Implementation Plan * Mortgage Purchase Program * Correspondent Banking Services * Affordable Housing Advisory Council * Mission, Vision and Guiding Principles * AHP Implementation Plan * Federal Home Loan Bank Indianapolis # 2025 Elevate Small Business Grant recipients last updated on Thursday, October 9, 2025 in Community News On Oct.
6, FHLBank Indianapolis announced the recipients of the 2025 Elevate Small Business Grant. Since 2018, Elevate grants have supported the growth and development of small businesses across the Bank's district of Indiana and Michigan.
The 2025 round of Elevate saw a streamlined application process and increased funding amounts that resulted in awards to 100 business across Indiana and Michigan through 70 participating member financial institutions. Click to read the Bank's news releases for Indianaand Michigan. The Federal Home Loan Bank of Indianapolis Vision is to be an agile and adaptive member- and community-focused bank.
Our members are the focus of everything we do, and we are fully invested in their success. We strive to positively impact the communities our Indiana and Michigan members serve. Our employees are the backbone of our Bank.
We entrust them with our members' success, so we seek to hire people with integrity to live our mission and to pursue our Bank's shared vision. Our customer service is unparalleled. We make every effort to exceed our members' expectations.
#### Specialized Solutions Our experts are committed to partnering with our members to develop customized solutions that meet their unique business needs. Each year, FHLBank Indianapolis employees get involved in various Michigan and Indiana volunteer opportunities.
FHLBank of Indianapolis is committed to equal opportunity at all levels of the Bank, from the employees we hire and promote, to the programs, institutions and businesses we support. **HEADQUARTERS**: 8250 Woodfield Crossing Blvd. , Indianapolis, Indiana 46240 * Switchboard: 317-465-0200 * Toll Free: 800-442-2568
According to the current listing, eligibility includes: Eligible business owners in Indiana or Michigan that have been operating for at least 12 months. Applicants must partner directly with an FHLBank member institution to apply. 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.
FHLBank Indianapolis Elevate Grants is funded by Federal Home Loan Bank of Indianapolis (FHLBI). 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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