SOURCE River West Receives Funding to Expand

Posted: Updated:
(photo courtesy SOURCE River West) (photo courtesy SOURCE River West)
INDIANAPOLIS -

Entrepreneurs and small-business owners in five Indianapolis neighborhoods will soon have more resources after River West Entrepreneurship Center received funding from the JPMorgan Chase Foundation. The center was given $200,000 from the foundation, after receiving a $150,000 gift in 2016.

The latest funding will allow the center to expand beyond the River West neighborhood to business owners in Maple Crossing, Twin Aire, King Commons and Englewood Village neighborhoods. Each of the neighborhoods are part of the Great Places 2020 initiative.

“With this funding, SOURCE and our partner, the Business Ownership Initiative, will be able to increase neighbors’ business knowledge, encourage startups and support business growth as a path to self-sufficiency in Indianapolis neighborhoods,” said Interim Director Teresa Bennett.

The expansions will take place over the next four years. 

  • Perspectives

    • Sink or Swim: How to Stop Sabotaging New Hires

      You've jumped through the hiring hoops and emerged with some transformational talent. Before joining your company, Joe slashed costs and doubled revenue at his previous job, and Sue is known for building record-breaking teams and product launches. It should take them no time to produce similar results in your organization, right? In reality, Joe and Sue’s performances will hinge heavily on how you manage their post-hire assimilation: a cycle all new hires experience, lasting...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy Butler University)

      Aramark to End Operations at Butler

      Aramark Educational Services LLC has detailed plans to lay off 200 workers in Indianapolis. In a notice to the state, the company says the decision is the result of Butler University not renewing its contract to provide food services on the campus.

    • Sink or Swim: How to Stop Sabotaging New Hires

      You've jumped through the hiring hoops and emerged with some transformational talent. Before joining your company, Joe slashed costs and doubled revenue at his previous job, and Sue is known for building record-breaking teams and product launches. It should take them no time to produce similar results in your organization, right? In reality, Joe and Sue’s performances will hinge heavily on how you manage their post-hire assimilation: a cycle all new hires experience, lasting...

    • Metal Powder Products has Indiana operations in Noblesville and Campbellsburg.

      Manufacturer Growing Noblesville Operations

      Noblesville-based Metal Powder Products has announced plans to move a manufacturing division from Ohio to Hamilton County and add up to 80 jobs by 2020. The powder metallurgy product manufacturer says it will invest $1.5 million to increase production capacity in Indiana. The company currently employs more than 350 associates in its Noblesville and Washington County operations, and over 1,100 overall in the U.S. and China. MPP says it has already hired 51 employees as part of the...

    • (Image courtesy of Vectren Corp.)

      Vectren Receives Approval for New Solar Farm

      Evansville-based Vectren Energy Delivery of Indiana has received approval from the Indiana Utility Regulatory Commission to build a 50-megawatt universal solar array in Spencer County. The solar farm will be approximately 300 acres and will house nearly 150,000 solar panels.

    • Governor Eric Holcomb will be the keynote speaker at this week's event.

      Hoosier Businesses Honored For Longevity

      The state is celebrating 65 companies and organizations throughout the state for their longevity in Indiana. Governor Eric Holcomb is presenting the Governor's Century or Half Century Business Award to each honoree for their service to their employees, community and state.