Transform Business Grant

The Relocation Grant supports companies relocating to South Carolina by reimbursing them for moving costs. Businesses can get up to $50,000 to use on moving equipment, employee relocation costs, and upfitting facilities. To qualify for the grant, the business has to demonstrate strong technology job growth prospects in South Carolina and have a minimum of five employees located in the state after the relocation.

The IWT program is a matching grant program that offers financial reimbursement to manufacturing companies for providing up-skill training to their employees. The goals are: - To support advanced manufacturing and innovative companies in their efforts to train incumbent workers in the appropriate skills to meet current and emerging market needs. - To bring technological innovation to the market and help manufacturing companies leap ahead in productivity and efficiency by enhancing the skills of their current workforce. - To grow sales revenue and increase profitability. The program will reimburse up to $50,000 of training costs annually. Companies may submit multiple reimbursement applications so long as the aggregate amount does not exceed $50,000 in any given calendar year. There is no minimum grant amount that will be awarded to qualified applicants. The maximum amount of lifetime assistance provided to any one company by this program is limited to $100,000. In order for a company to apply for reimbursement, they must meet all of eligibility criteria for the program. As an example, an applicant who can evidence having spent a total of $30,000 in training costs over the course of one year will be eligible for a potential grant of $15,000 ($15,000 grant + $15,000 company match).

Each year, we select 50 women entrepreneurs for a yearlong program designed to grow their businesses through workshops, coaching sessions, network-building, and financial resources. The program ends with a company presentation and in-person experience. In addition to educational resources and networking opportunities, the fellowship awards a $5,000 grant to each participant and access to 0%-interest Kiva loans.

The City of Appleton offers multiple grant programs for businesses: The Business Recruitment Grant offers $1,000 boost grants to businesses that need a little extra capital to move downtown or open a new business there. The Façade Improvement Grant offers grants to businesses that need assistance in enhancing their exterior aesthetics. Businesses can receive between $2,500 and $5,000 to use on minor improvements (such as painting and lighting) or facade renovations (like window upgrades).

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.