2026 Round

Key dates:

• Master Agreement and Registration due Sept. 4

• Applications due Oct. 1

• Awards announced Oct. 22

For more information about 2026 Elevate Small Business Grant requirements, please review the 2026 Elevate training (also linked below under program materials). 

What is Elevate?

Elevate is a grant program that assists the growth and development of small businesses, their workforce and the communities in which they are located. Grant recipients may receive up to $20,000 for capital expenditures, workforce training or other expenses to get the boost they need to take their business to the next level.

This grant is designed to benefit FHLBank Indianapolis members and their customers by strengthening relationships they already have. That’s a win for everyone involved!

FHLBank Indianapolis members may submit funding requests of up to $20,000 on behalf of a small business, or two requests of up to $10,000 each on behalf of two small businesses, for a maximum per-member cap of $20,000.