INDIANAPOLIS, Ind. (Inside INdiana Enterprise) – Indianapolis-based 16 Tech Neighborhood Corp. has awarded $500,000 in grants to fund initiatives and resident-led initiatives. The corporate says the funding will assist assist neighborhoods close to the 16 Tech Innovation District.
Fifteen recipients have been chosen for first spherical funding and embrace organizations that assist schooling and workforce improvement, group improvement, neighborhood associations, and the humanities.
“Right now’s announcement of grant awards is the end result of greater than a year-long course of to develop fund priorities and tips in partnership with the 16 Tech Funding Fund Advisory Committee, neighborhood associations and the Metropolis of Indianapolis. Grants will assist new neighborhood-based initiatives and broaden current applications, serving to residents begin and develop small companies, protect and rejoice neighborhood tradition and historical past, and ship expertise coaching for tomorrow’s workforce,” stated Bob Coy, 16 Tech Neighborhood Corp. president and chief govt officer.
The firm says it acquired over 60 grant purposes and is planning to award a second spherical of grants, totaling $500,000, later in 2020.
The inaugural grants have been made potential by the 16 Tech Neighborhood Funding Fund, a community-focused fund which launched in 2019. The corporate says the fund was established to make sure entry, alternative and revitalization of the neighborhoods in and across the 16 Tech Innovation District.
“Philanthropy is a necessary piece of the American lifestyle,” stated Starla Hart, director of Neighborhood Initiatives for 16 Tech. “Our group funding fund is offering innovation within the subject by partaking residents within the decision-making course of and making place-based investments in addition to being the primary improvement of our form to make use of this implies of constructing group with neighbors.”
16 Tech says the Neighborhood Funding Fund was seeded with $three million in public funding by the town of Indianapolis and tenants within the 16 Tech Innovation District.
The checklist of the recipients from every class could be discovered under.
Schooling and workforce improvement organizations:
- Marian College – $72,500
- Stemnasium Studying Labs – $43,500
- Believers United in Native Improvement – $42,000
- Elevate Indianapolis – $37,000
- Christel Home – $33,000
- ProAct Indy – $25,000
Neighborhood improvement organizations:
- Christamore Home – $70,000
- Flanner Home – $57,000
- Close to Northwest Governance Committee – $45,000
- Rebuilding Collectively – $13,000
- Close to Northwest Governance Committee – $13,500
- Lillian Davis Basis – $8,500
- Stringtown Neighborhood Affiliation – $5,000
- Indy Convergence – $20,000
- Kurt Vonnegut Memorial Library – $15,000
— to www.wishtv.com