Microloans make the difference for small businesses
Dozens of small businesses have been helped by microloans—smaller than $50,000—from the Indy Chamber’s Business Ownership Initiative.
Dozens of small businesses have been helped by microloans—smaller than $50,000—from the Indy Chamber’s Business Ownership Initiative.
A division of the Indy Chamber is applying to become a U.S. Small Business Administration-affiliated microlender, a move aimed at boosting its available capital and expanding its territory in a wide-open frontier of finance.
The Greater Indianapolis Chamber of Commerce will lead economic development efforts for central Indiana by merging with Develop Indy, Indy Partnership and Business Ownership Initiative, the groups announced Thursday.
Participation at Business Ownership Initiative-led training sessions is up nearly 30 percent so far this year as more Hoosiers start businesses of their own. Executive Director Julie Grice is looking for more counselors and money.
Business Ownership Initiative of Central Indiana focuses on one-on-one counseling, capital access.
Business Ownership Initiative of Indiana has big plans for its 15th year, including a new location, a new partner and a new strategy for delivering its services.
Julie Grice, a 10-year veteran of the Greater Indianapolis Chamber of Commerce and former business owner, began her tenure as executive director of the not-for-profit Business Ownership Initiative of Indiana on Sunday.