Business

Regions Bank provides grant for entrepreneurship program

L to R- Erik Miner Central Indiana Market Executive for Regions,Tedd Grain Executive Director, LISC Indianapolis, Nicole Woodson Community Development Manager for Regions in Indiana

INDIANAPOLIS (Inside INdiana Business) – A grant from Regions Bank to Local Initiatives Support Coalition Indianapolis will help support entrepreneurship in several Indianapolis neighborhoods. The $15,000 grant is the largest from Regions to any of the 35 LISC local offices.

The funding will be used to support staff who will implement the coalition’s Inclusive Economic Opportunity Districts program that directly involves 10 neighborhood business districts as they attempt to expand existing businesses and attract new ones. The funding will specifically support 17 entrepreneurs who are women, people of color, immigrants, veterans and people with disabilities.

“LISC Indianapolis is focused on supporting the growth of the entrepreneurial ecosystem in our neighborhoods by investing in entities and programs that provide direct and inclusive support to entrepreneurs and micro-enterprises,” said Tedd Grain, executive director of LISC Indianapolis. “This financial support from Regions will help us equip local businesses with the resources they need to grow.”

The organization also directs increased access to entrepreneurship programming and capital with its Bridges to Career Opportunities program that links neighborhood talent to jobs. Four organizations based in neighborhoods, including John Boner Neighborhood Center, Edna Martin Christian Center, Mary Rigg Neighborhood Center and Southeast Community Services offer employment and financial coaching, along with income support services. 

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