Community Investment

Supporting neighborhoods

We’re invested in the success of our neighbors and have created the 16 Tech Community Investment Fund to award grants in support of projects and programs that are important to the neighborhoods surrounding the 16 Tech Innovation District. We are thankful for the many partners who have supported 16 Tech and have worked with us to develop the fund guidelines and priorities. 

The 16 Tech Community Investment Fund is one of the primary initiatives that will deliver on 16 Tech’s commitment to ensure access, opportunity and revitalization of the communities in and around the 16 Tech Innovation District.

16 Tech Community Investment Fund Grant Guidelines

Impact area

16 Tech will only consider proposals focused on making an impact within the geographic boundaries outlined in the adjacent map.

This includes, but is not limited to, the following neighborhood areas and streets:

Near Northwest: Riverside, Rivers Edge, Planners, NW Civic League, Neighbors Helping Neighbors, Kessler-Wides (KW30), Golden Hill, Cold Springs, Clifton on the River

Near West: Haughville, Hawthorne, Stringtown, We Care

Fayette Street, Indiana Avenue, MLK Jr. Street, Historic Flanner House Homes, and Ransom Place

All applicants must demonstrate resident and neighborhood support for the proposed project or funding request.

Grantmaking priorities

Grant awards will be made in support of projects that align with the 16 Tech Community Investment Fund priorities, which include workforce training, business support, education, infrastructure and beautification, and neighborhood capacity building.

Fund priorities

Workforce training

  • Create meaningful workforce development opportunities for adults that lead to career pathways earning at least a living wage.

Business support

  • Support the growth and sustainability of local businesses and entrepreneurs.

Education

  • Expand educational opportunities for children in science, technology, engineering, arts and math (STEAM).

Infrastructure and beautification

  • Connect people and places to enhance community-building by investing in art, housing, nature and beautification of the built environment.

Neighborhood capacity building

  • Build organizational capacity, grow social capital and an entrepreneurial spirit as well as support community organizing that leads to residents being more empowered.

Grant criteria

Each funding request will be evaluated using a rubric with the stated criteria. Applicants must address each criteria in their funding application. Grantees are required to submit reports summarizing their activity and impact within 60 days of the end date of their grant term.

Grant criteria

  • Alignment with fund priorities and neighborhood plans or priorities
  • Clear tracking and/or evaluation metrics
  • Financial feasibility of project
  • Operational feasibility of project
  • Resident engagement and/or endorsement of project
  • Innovation and creativity of project
  • Leadership team with track record of success

What will not be supported

  • Requests for projects in geographic areas beyond the identified 16 Tech communities served
  • Projects that do not have resident endorsement
  • Direct gifts to individuals. Projects initiated by individual community members must have a fiscal agent in place for management of grant funds and reporting requirements
  • Requests for ongoing maintenance of city-owned or personal property

Applications for the first grant cycle are open

Grants will be awarded from two funding pools annually. All grants will be reviewed by an advisory committee and approved by the 16 Tech Community Corporation Board of Directors.

Innovation Pool

Requests up to $25,000 from neighborhood organizations with annual operating budgets less than $1 million.

Grant deadline: Noon EST, December 20, 2019

Impact Pool

Requests up to $100,000.

Grant deadline: Noon EST, January 17, 2020

Innovation Pool

This funding pool supports projects up to $25,000 that align with the fund priorities.

Who can apply:

  • Registered 501(c)(3) organizations with annual budgets less than $1 million; or
  • Individuals who have partnered with a non-profit fiscal agent.

The online applications are hosted by the Central Indiana Community Foundation (CICF) and are open now on the CICF portal. The deadline for grant applications is noon on December 20, 2019.

Impact Pool

This funding pool supports projects up to $100,000 that align with the fund priorities. Multi-year requests will be considered.

Who can apply:

  • Registered 501(c)(3) organizations; or
  • Organizations and/or individuals who have partnered with a non-profit fiscal agent.

The online applications are hosted by the Central Indiana Community Foundation (CICF) and are open now on the CICF portal are open now. The deadline for grant submissions is noon on January 17, 2020.

Grant Information Sessions

16 Tech Community Corporation has scheduled a series of opportunities to provide guidance to grantees on the application process. These events are being held in multiple locations in the communities surrounding the 16 Tech Innovation District.

Community Investment Fund Background

The 16 Tech Community Investment Fund was established during the creation of the 16 Tech Community Corporation as the nonprofit manager of the 16 Tech Innovation District. The 16 Tech Community Investment Fund is the organization’s primary initiative to deliver on its commitment to ensure access, opportunity and revitalization of neighborhoods in and around the 16 Tech Innovation District.

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To ensure alignment with neighborhood priorities, the 16 Tech Community Investment Fund is guided by an advisory committee made up of neighborhood leaders, residents and supporting organizations. The inaugural committee was appointed after a 6-month process in 2018 that included nominations from neighborhood representatives, elected officials and other community stakeholders.

In 2018, 16 Tech Community Corporation also partnered with the Central Indiana Community Foundation (CICF) to help develop the grantmaking process and guidelines. As Indianapolis’ community foundation, CICF’s mission to “mobilize people, ideas and investments to make this a community where all individuals have equitable opportunity to reach their full potential—no matter place, race or identity,” aligns closely with the mission and objectives of 16 Tech.

16 Tech Community Corporation, CICF and the volunteer advisory committee met over 12 months to develop the fund guidelines and grantmaking process, which were endorsed by neighborhood leaders and approved by the 16 Tech Board of Directors and the City of Indianapolis.

Going forward the advisory committee will be responsible for reviewing grant proposals and making funding recommendations to the 16 Tech Board of Directors.

Funding Sources: The 16 Tech Community Investment Fund is seeded with $3 million in funding from the City of Indianapolis and will be sustained through a $0.20-per-square-foot assessment on space occupied by 16 Tech tenants.

The City-approved grant guidelines are available here.

Community Investment Fund Advisory Committee

Advisory committee members include residents, talent development, community development and educational representatives who have been active in creating programs and initiatives that support the Near West, Near Northwest and surrounding communities. Members serve 2-year terms and are appointed by the 16 Tech Community Corporation Board of Directors, which has fiduciary responsibility for the fund.

Neighborhood Representatives

Peggy Gamlin, Community Leader, Riverside Civic League
Randy Jones, Neighborhood Leader, Ransom Place Neighborhood Association
Danielle Noble, Neighborhood Leader, Haughville STRONG Neighborhood Association
Adrianne Opp, Neighborhood Leader, Near West Collaborative and Hawthorne Neighborhood Association
Earl Townsend, Community Advocate, Near Northwest Neighborhood

Organizational Representatives

Tedd Grain, Executive Director, Local Initiatives Support Corporation (LISC)
Angela Carr Klitzsch, President and CEO, EmployIndy
Mariama Shaheed, Founder and Principal, Global Preparatory Academy @ Riverside #44

16 Tech Community Corporation and City of Indianapolis Appointees

Bob Coy, President and CEO, 16 Tech Community Corporation
Angela Smith Jones, Deputy Mayor for Economic Development, City of Indianapolis

Advisory Members

Karen Pipes, Senior Vice President, Market Manager for Bank of America, Indianapolis Market
Angela Byers, Community Outreach Manager, First Financial Bank
Patricia Gamble-Moore, Indiana Market Manager for Community Development Banking, PNC