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INDIANAPOLIS – With financial support from the Indianapolis Foundation and Regions Bank, LISC Indianapolis launched the first round of Indianapolis Small Business Recovery Grants for Minority, Immigrant and Women-owned Businesses in May. With the help of our partners, today we awarded $5,000 grants to 25 small businesses. Click here to watch a watch a short video announcing the grantees.
LISC Indianapolis recognizes that small businesses are critical to the health of our economy and community. The impact of COVID-19 has been especially acute for minority, immigrant and women-owned businesses. All grant recipients are minority-owned businesses located in the neighborhoods where LISC works. Also, all grantees have 10 or less employees. Approximately 75% of the grant recipients were women-owned businesses and more than 50% worked in the personal care, restaurant or retail industries.
Round 1 Grantees:
Elite Child Care LLC
Mrs. Murry's Naturals
Chef Oya's The Trap
Joiful Noise Childcare
The Fuqua Institute of Beauty Culture
Amayesing Cleaning Service
The Grub House Restaurant
The Law Office of Ranissa E. Dycus
EMMI Beauty SalonTreats By Fee
El Palacio Event Center
Salazar Family Dental
Indy Stars Bilingual Daycare
Don Juan Taqueria
Marco Tile and Construction
Kash Dry Cleaning
Sashay Hair Company
Sip & Share Wines
Cheatham & Moore Barber Shop
El Fandangos Inc.
“Together with residents and partners, LISC aims to address the challenges of COVID-19 with a distinct focus on equity and inclusion,” said Tedd Grain, Executive Director of LISC Indianapolis. “The resiliency of our women-and-minority-owned enterprises will be critical to our economic recovery. We must prioritize these investments in our traditionally under-resourced and connected Indianapolis communities.”
Applications for Round Two of Funding Opens June 9
Round Two of the Indianapolis Small Business Recovery Grant for Minority, Immigrant and Women-owned Businesses opens tomorrow, June 9 at noon EST. Before applying, businesses should review the Grant Information page with FAQ to ensure their business is qualified to apply. Applications will close the sooner of June 13 at 11:59 PM or once 1,000 applications are received.
Grant Amount: $5,000
Eligibility: Minority, immigrant or women-owned businesses with 1- 10 employees. Also available to undocumented business owners. Eligible businesses must be located in these Indianapolis neighborhoods. Nonprofits are not eligible to apply.
Use: Commercial rental assistance, utilities, payroll, debt, operating costs and working capital
Deadline: The application opens Tuesday, June 9 at 12 PM and will close the sooner of Saturday, June 13 at 11:59 PM or until 1,000 applications are received
Applications: To apply, business owners will need to submit an online application (approximately 25 questions) and no documents will be required (we will only request W-9 and tax identification from finalists to move forward with an award). The application will be available in English and Spanish.
Questions: Please email email@example.com.