Small Business Grants in Indiana
Indiana has positioned itself as one of the most business-friendly states in the Midwest, with low taxes, reasonable regulations, and a strong manufacturing and logistics base. The state is increasingly attracting technology companies and startups, particularly in Indianapolis, while maintaining deep strengths in advanced manufacturing, life sciences, and agriculture.
Economic Overview
Indiana has approximately 540,000 small businesses employing over 1.2 million workers. The economy is anchored by advanced manufacturing (Indiana is the #1 manufacturing state per capita), logistics, life sciences, and agriculture. Indianapolis has a growing tech sector and is a hub for motorsports, healthcare, and insurance. Indiana has no gross receipts tax, competitive corporate tax rates, and an efficient regulatory environment.
State Grant Programs
The Indiana Economic Development Corporation (IEDC) offers tax credits, workforce training grants, and the Innovation Voucher Program for R&D partnerships with Indiana universities. The Indiana Small Business Development Center operates through Indiana University. The Elevate Ventures fund provides equity investments and venture development to Indiana startups. The state's 21st Century Fund supports technology and life sciences companies. For rural businesses, USDA and the Indiana Office of Community and Rural Affairs (OCRA) provide grants.
How to Apply
Contact the Indiana SBDC and visit the IEDC website. Tech startups should connect with Elevate Ventures. Rural businesses should explore OCRA and USDA programs. Register at SAM.gov for federal grants.
Featured Opportunities63 Active
Award Amount
$4,000 - $4,000
NASE Growth Grant
Award Amount
$10,000 - $50,000
Amber Grant for Women
Award Amount
$275,000 - $305,000
NSF SBIR Phase I (America's Seed Fund)
Award Amount
$10,000 - $500,000
USDA Rural Business Development Grants
Award Amount
$1,000 - $10,000
Skip Monthly Business Grants
Award Amount
$5,000 - $25,000
IFundWomen Universal Grant Application
Award Amount
$10,000 - $10,000
Verizon Small Business Digital Ready
Award Amount
$10,000 - $10,000
Venmo Small Business Grant
Award Amount
$50,000 - $275,000
DOD SBIR Phase I
Award Amount
$150,000 - $293,297
NIH SBIR/STTR Phase I
Award Amount
$50,000 - $200,000
DOE SBIR/STTR Phase I
Award Amount
$50,000 - $100,000
EPA SBIR Phase I
Award Amount
$75,000 - $750,000
USDA Value-Added Producer Grant
Award Amount
$2,500 - $1,000,000
USDA Rural Energy for America (REAP)
Award Amount
$600,000 - $5,000,000
EDA Public Works Program
Award Amount
$150,000 - $2,500,000
EDA Economic Adjustment Assistance
Award Amount
$250,000 - $2,000,000
EDA Build to Scale (Venture Challenge)
Award Amount
$75,000 - $150,000
SBA Growth Accelerator Fund Competition
Award Amount
$50,000 - $4,500,000
SBA HUBZone Program
Award Amount
$50,000 - $4,500,000
SBA 8(a) Business Development Program
Award Amount
$50,000 - $4,500,000
SBA Women-Owned Small Business Contracting
Award Amount
$5,000 - $25,000
Hello Alice Small Business Growth Fund
Award Amount
$20,000 - $20,000
Allstate Main Street Grants (Hello Alice)
Award Amount
$10,000 - $50,000
Fund Her Future Grant (H&R Block)
Award Amount
$1,000 - $15,000
Kiva 0% Interest Microloans
Award Amount
$15,000 - $25,000
Amazon Business Small Business Grant
Award Amount
$2,000 - $350,000
Google for Startups Cloud Program
Award Amount
$20,000 - $20,000
Intuit QuickBooks Small Business Hero
Award Amount
$10,000 - $10,000
Ladies Who Launch Program
Award Amount
$500 - $2,500
Freed Fellowship Grant
Award Amount
$25,000 - $100,000
MassChallenge Accelerator (Equity-Free)
Award Amount
$1,000 - $5,000
Southern Smoke Emergency Relief Fund
Award Amount
$30,000 - $100,000
Cartier Women's Initiative (2027 Cycle)
Award Amount
$10,000 - $50,000
EmpowHer Grant
Award Amount
$7,500 - $7,500
Halstead Grant for Jewelry Designers
Award Amount
$15,000 - $15,000
Girlboss Foundation Grant
Award Amount
$5,000 - $5,000
Red Backpack Fund (Spanx Foundation)
Award Amount
$5,000 - $5,000
Tory Burch Foundation Fellows
Award Amount
$10,000 - $10,000
NAWBO / Mastercard Small Business Grants
Award Amount
$2,000 - $5,000
Second Service Foundation Veteran Awards
Award Amount
$10,000 - $25,000
Hiring Our Heroes Small Business Grant
Award Amount
$5,000 - $50,000
PenFed Foundation Veteran Entrepreneur Program
Award Amount
$25,000 - $25,000
NAACP Powershift Entrepreneur Grant
Award Amount
$25,000 - $25,000
NAACP x L'Oreal Beauty Industry Grants
Award Amount
$10,000 - $20,000
Fearless Strivers Grant (Fearless Fund + Mastercard)
Award Amount
$1,500 - $5,000
First Nations Acorn Fund
Award Amount
$10,000 - $40,000
First Nations Native Food Sovereignty Grant
Award Amount
$10,000 - $50,000
NBMBAA Scale-Up Pitch Challenge
Award Amount
$5,000 - $10,000
SoGal Foundation Black Founder Grant
Award Amount
$5,000 - $5,000
DigitalUndivided Breakthrough Program
Award Amount
$5,000 - $10,000
NDI Small Business Hub (Disability Entrepreneurs)
Award Amount
$5,000 - $25,000
NAACP x BACARDI Backing the B.A.R.
Award Amount
$25,000 - $25,000
NAACP Power Forward Small Business Grant
Award Amount
$5,000 - $15,000
USHCC / Wells Fargo Hispanic Business Grants
Frequently Asked Questions
What grants are available for Indiana small businesses?▼
Indiana offers IEDC tax credits and training grants, Innovation Vouchers, Elevate Ventures funding for startups, OCRA grants for rural businesses, and federal SBIR/STTR and USDA programs.
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