To offer expanded services to Great Places neighborhoods
The team at SOURCE RW is grateful to the JPMorgan Chase Foundation whose recent support of $200,000 will open doors for entrepreneurs and small business owners in Indianapolis.
Over the next two years, this funding will support the expansion of services for entrepreneurs and small-business owners in all designated areas of the Great Places 2020 initiative, in addition to the work already being done in the Near West/River West neighborhood.
“Great Places 2020 is an effort to transform five strategic places in Indianapolis into centers of commerce, culture and community. JPMorgan Chase’s generous support of Source River West will catalyze neighborhood entrepreneurship in each Great Place, helping to return these places to their historic role as centers of creative enterprise. This will complement the role of other partners supporting Great Places, including the Indy Chamber, United Way of Central Indiana, Indianapolis Neighborhood Housing Partnership, Keep Indianapolis Beautiful, and the City of Indianapolis.”
— Tedd Grain, Executive Director, Local Initiatives Support Corporation (LISC) Indianapolis
"Not only will this grant help guide entrepreneurs and provide them with the resources needed to thrive, it will positively impact and strengthen the community. It's my hope that with the additional funding, we will advance many business owners' goals and dreams" - Tom O’Neil, SOURCE River West Board Chair
In 2018, SOURCE RW assisted over 300 small business owners and pre-business owners. With this funding and the upcoming expansion, SOURCE and its partner, the Business Ownership Initiative (BOI), will offer business education and coaching in all 5 Great Places neighborhoods: Englewood Village, King Commons, Maple Crossing, River West, and Twin Aire.
Small business is the life blood of Indianapolis. The JPMorgan Chase Foundation grant will help ensure that all Indianapolis residents have access to tools and resources to launch and sustain the businesses they need and want in their community.
“As our City turns 200 years old, what better way to celebrate the Bicentennial than investing in the places where our history was made?” - Tedd Grain