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FHLBank Elevate Grants

FHLBank Elevate Grants

FHLBank Indianapolis
LOCATION & INDUSTRIES
AMOUNT

Up to $20,000

OWNERSHIP REQUIREMENTS
DEADLINE

September 4, 2026

ABOUT THE GRANT

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.

Tracking grants is our job

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NOTES

We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.

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Other Grants

Massachusetts Transition and Growth Program
Massachusetts Life Sciences Center

The Massachusetts Transition and Growth Program (MassTAG) is a recruitment tool targeting life sciences companies considering their first presence in Massachusetts. This highly competitive program is designed to attract out-of-state, international, and newly formed companies that meet MLSC’s strategic objectives to become part of the Massachusetts life sciences ecosystem. Successful applicants will receive grant awards based on net new jobs created within the company’s first 12 months of Massachusetts operations, to be paid out retroactively in three annual installments.

National Association for the Self-Employed (NASE) Growth Grants
National Association for the Self Employed

NASE provides grants of up to $4,000 for small businesses to finance specific business needs such as marketing, advertising, hiring employees, and purchasing equipment. These grants are particularly beneficial for sole proprietors and micro-businesses looking to enhance their operations.

Seattle Small Business Capital Access Program
Seattle OED

The Seattle Small Business Capital Access Program (CAP) pays down up to $30,000 (or 20% of the loan principal, whichever is less) on qualifying small business loans for Seattle-based businesses. Administered by the Seattle Office of Economic Development (OED), the program is designed to lower the cost of borrowing for small businesses, particularly those that have historically lacked equitable access to financial services. CAP is not a standalone grant application and businesses do not apply directly. Instead, eligibility is evaluated by a participating community lender at the time of loan approval, and qualifying borrowers receive the principal paydown automatically as part of their financing. Because of this, the most important step for interested business owners is knowing to work with one of CAP's participating community lenders when seeking a small business loan; loans from non-participating lenders are not eligible. Participating lenders include Business Impact NW, Rainier Valley Community Development Fund, Seattle Credit Union, MoFi, Grow America Community Impact Loan Fund, Pursuit, Evergreen Business Capital and Community Finance, and Denkyem Co-Op. Paydowns are issued in two installments — one after the borrower makes 12 on-time monthly payments, and a second after 24 on-time monthly payments — and are applied directly to the loan account rather than disbursed to the borrower, effectively reducing the principal owed. To be eligible, businesses must be for-profit, independently owned, located within Seattle city limits, in operation for at least 12 months, have an active City of Seattle Business License, employ no more than 50 full-time equivalent employees, generate annual gross revenue of $2 million or less, and be current on loan payments at the time of the paydown award.

SC Relentless Challenge Grant
SC Department of Commerce

The South Carolina Department of Commerce provides the Relentless Challenge (RC) Grant Program. This is a statewide competitive scheme that plans to award approximately $1,000,000 for the 2026 funding cycle. The RC grant funds projects that foster a sustainable innovation ecosystem and that focus on high growth/high impact entrepreneurship, talent development, access to capital, and university/industry collaborations. Matching funds are available up to a maximum of $75,000.

Topeka Small Business Incentives
City of Topeka

Topeka and Shawnee County’s Small Business Incentives Program provides matching grants to local businesses to help with marketing costs, construction, equipment purchases, and more. Eligible businesses can get grants from $1,000 up to $20,000 depending on their project needs and matching investment. To qualify, businesses must be located in the City of Topeka or Shawnee County, have at least one but no more than 100 full-time employees, and demonstrate that their project will contribute to the economy.

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