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YOUR source For BUSINESS OWNERSHIP ventures


501c3 Non-Profit certified by the state of Indiana.

hub for entrepreneurs

 

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YOUR source For BUSINESS OWNERSHIP ventures


501c3 Non-Profit certified by the state of Indiana.

hub for entrepreneurs

 

Our mission: To create an environment where all entrepreneurs can thrive

Our education and economic initiatives promote and encourage business ownership by assisting in the launch of entrepreneurial ventures and support start-up to scale-up businesses that create jobs, improve the quality of life, and strengthen the community in Indianapolis’ Near West and central Indiana.

In 2016, Local Initiatives Support Corporate (LISC) designated the Near West/River West a Great Place 2020 neighborhood. The Near West Quality of Life Plan was created by residents and neighborhood stakeholders in response to declining employment and business vacancies in Near West. The Steering Committee identified the need for an entrepreneurship center to serve as a catalyst for economic growth, and SOURCE RW was created to fill that need. 

The IUPUI Office of Community Engagement supports the Near West Quality of Life Plan and River West Great Place on behalf of Indiana University by serving as fiscal agent to support SOURCE RW. IUPUI provides staffing, planning support, grant management, and funding assistance.

 

We serve

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Local businesses and entrepreneurs who wish to capitalize on the Near West’s commercial, retail, and light industrial spaces.

Small business owners who desire to improve and scale their existing businesses.

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New businesses and Near West residents who wish to launch their own businesses in River West and/or surrounding areas.

 
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news


The latest information about SOURCE River West programs and services

LATEST NEWSLETTER

SUBSCRIBE TO OUR NEWSLETTER

news


The latest information about SOURCE River West programs and services

LATEST NEWSLETTER

SUBSCRIBE TO OUR NEWSLETTER

UPCOMING SESSIONS!!!

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Identifying a "Best Fit" Mentor
January 29, 2018 | 6:30-8pm | FREE
Presenter: Frank Davis, Owner of
Circle City Rebar

Have you met someone who inspired you to succeed?  Ask any successful business person and they will undoubtedly have at least one mentor that made an impact on their career. From counselors to confidants, Frank Davis will share the impact that his mentors, and friends, have had on him as a successful, local business owner of Circle City Rebar.

After hearing Frank’s story, join in the discussion about how to find a well-suited mentor for yourself, what characteristics to look for, proper mentor/mentee etiquette, and more! Bring your questions.


Entrepreneur Spotlight

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Nicole Kearney, Vintner/Owner of Sip & Share Winery

Nicole Kearney

Every month, we shine a Spotlight on a hardworking entrepreneur who has taken advantage of SOURCE RW’s educational resources. This month, we feature Nicole Kearney, Vintner/Owner of Sip & Share Winery.

“Never be afraid, especially in the face of concrete financial evidence, to pivot.” – Nicole Kearney

Business Website: www.sipnsharewinery.com

Business Facebook: @sipnsharewinery

 

Tell us a little about your business.

Sip & Share Winery creates handcrafted, small batch delicious vegan wines. Our wines bring people together for any occasion and target the growing demographic of wine drinkers untapped by the wine industry. Sip & Share Winery wines are fun, easy to drink, and available for purchase at in-home wine tastings, events and online at sipnsharewinery.com.  

What services have you utilized at SOURCE RW and how have you benefitted?

I have utilized the amazingly talented coaching skills of Sarah. Over a year’s time we have taken my initial business concept, saw a more profitable business model, pivoted and gotten the financial projections together. Doing so allowed me to see the financial picture of my startup and the pathway to profitability. I have also attended several workshops. They have been informative in helping me refine my pitch thanks to Indiana Originals. I have revised my product line design for 2019 based on sage advice of Saidah Pearsall.

What made you interested in being a business owner?

I’ve always been an entrepreneur. As a writer/producer I’ve had to manage my own business and brand. Moving from writing and producing stage plays and streaming series into making wine requires many of the same skills. However, instead of producing one to four projects a year, I’m now making cases and cases of wine over several months.

What have you enjoyed most about being a business owner?

Seeing and hearing the enjoyment folks get when they taste the Sip & Share Winery wines. Building the brand has been exciting and challenging but worth every minute. I can see the vision of what we’re creating even when others can’t. 

What have you enjoyed least about being a business owner?

Managing inventory. This is been my biggest area of opportunity. I ran out of our Blood Orange Semi-Sweet Red Wine at one of the largest events we participate in annually. I’m currently looking into an inventory management system that integrates with our online store as a solution. 

Was there ever a point when you wanted to quit?

Yes indeed. When I’m working non-stop on the weekends and missing out on all the ‘fun’ others are having. I have said, “I should be content with working and making a good living for my family.” Everyone around me laughs.

 Was there ever a point when you realized you had “made it.”

Not “made it,” but that I belonged. Sip & Share Winery was invited to pour our wines at The Black Wine Experience hosted by The Hue Society at Essence Fest in July. I was super worried my wines wouldn’t be on the same level as the other more seasoned winemakers. My fears (false evidence appearing real) were baseless. Our Semi-Sweet White was the people’s favorite! So Essence is where I earned my stripes. Now I know, Sip & Share Winery wines can hold their own.

If you could tell aspiring business owners just one thing before their journey – that you had wished you had known prior to starting your journey – what would that be?

First, before anything else, do your financial projections. Spend all the time it takes to ensure you know exactly what your business is going to cost. Have an idea of your business model and make sure it’s viable. Never be afraid, especially in the face of concrete financial, evidence to pivot. We were already three months in business before I started working on my financials. It was about nine months later when I saw with the help of Sarah, my BOI coach, that our wines were our profit center. With that knowledge, we pivoted.


WHO WE ARE

Do you want to launch or scale your business?

WE ARE A HUB FOR YOU — the aspiring entreprenEUR

WE WILL help you START AND GROW YOUR BUSINESS

YOU ARE VALUED AND WELCOMED

One-on-one coaching and mentoring is available to provide technical assistance in identifying a viable business model, incorporating a business, creating a business plan and marketing products/services.  Most all educational opportunities are either free or at   minimal fee. 

Monthly business start-up courses on a business owner’s mindset and fund sourcing, quarterly courses on business trends and best practices for existing businesses, and our annual Kauffman Business Ownership Education Series provides a strong foundation.   

We encourage entrepreneurship within our neighborhoods and attempt to inspire new, successful businesses to set-up and hire from within the neighborhoods of Indianapolis' Near West.  Making the most of the River West Business District.

Let's talk!


Contact

Phone: (317) 737-2155

Email: info@sourcerw.org

Office Hours: Mondays -Thursdays - 9am-4pm

Office Hours: Fridays - By Appointment ONLY

CLOSED January 21, 2019 | Martin Luther King Jr. Day

Let's talk!


Contact

Phone: (317) 737-2155

Email: info@sourcerw.org

Office Hours: Mondays -Thursdays - 9am-4pm

Office Hours: Fridays - By Appointment ONLY

CLOSED January 21, 2019 | Martin Luther King Jr. Day

Where to find us!

Source River West                                      

2230 West Michigan Street
Indianapolis, IN 46222

 
 

Thank you to our partners and sponsors!