Indy Minority Businesses Receive Relief Funding
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowLISC Indianapolis has awarded a third round of Indianapolis Small Business Recovery Grants for minority, immigrant and women-owned businesses. The $5,000 grants were given to 26 small businesses on the city’s far eastside.
The grants were made possible by financial support from Glick Philanthropies, JPMorgan Chase Foundation, MJ Insurance, The Clowes Fund, IndyREAL, and Chubb. LISC says support for neighborhood small businesses is even more important as the pandemic continues to disrupt economic activity.
“Due to a high volume of grant applications in previous grant rounds and ongoing small business momentum, we wanted to focus this particular grant round on small businesses operating in the Far Eastside,” said Tedd Grain, executive director of LISC Indianapolis. “The resiliency of these women-and-minority-owned enterprises is critical to our economic recovery. We must prioritize investments in our traditionally under-resourced and connected Indianapolis communities.”
LISC says all grantees have 10 or fewer employees and about 69% of the recipients are women-owned businesses representing a variety of businesses such as childcare, retail, food, and personal care services.
Third round grant recipients include:
- A Child Was Born
- Arts Skillet
- ChiIndy Creationz
- Crown of Glory Hair Salon
- Designs in a Box
- Divine Investment Partners
- Estetica Maricruz
- Family Life Child Care
- Freestyle Cupcake Bar
- Happy Learning Academy
- J&M Discount Merchandise
- Jimmies Soulfood & More
- Melanin Magic
- Ms Marshas Sweets
- Netta’s Bright Beginnings Child Care
- Our Amazing Angels Child Care
- Pinky’s Sweet Tooth Factory
- Panaderia La Moderna
- Razor Game
- RJ’s Tacos and Burritos
- Shocks Lawncare and Landscaping
- Silver Spoon Events
- Sista’s Eatery
- SweattBoxx Wellness Center
- The Taste of Ty
- Wall Street Market
LISC says it has awarded Small Business Relief Grants to 76 minority, immigrant and women-owned businesses, totaling $380,000, so far in 2020. The second round of grant recipients were announced in July.