Indianapolis CDFI Collaborative
The Indianapolis CDFI Collaborative is a partnership of five community development financial institutions (CDFIs): LISC Indianapolis, Build Fund, Bankable, Business Ownership Initiative (BOI) and IFF that have a focus on commercial or small business lending. In late 2019, the Collaborative was awarded $1.5M through JP Morgan Chase Foundation to help increase access to capital and technical assistance for minority owned small businesses in several Indianapolis geographies including the Indy East Promise Zone, Near Northwest Quality of Life area and MidNorth Quality of Life area. Each CDFI is able to lend to projects throughout Marion County but have a particular focus on these neighborhoods through the JP Morgan Chase grant. Minority, female, Veteran and reentry-owned businesses along with other businesses facing barriers to traditional financing in these geographies are priorities for lending.
Click here to visit the Indianapolis CDFI Collaborative website.
Read about the work of the CDFI Collaborative including small business impact videos, Q&A with entrepreneurs, and more.