State Funding Available to Help Small Businesses with Growth & Improvement Projects
Eligible small businesses may apply for up to $15,000 to support app or technology development, business management systems, grant writing services and more
INDIANAPOLIS (Jan. 11, 2021) – The Indiana Small Business Development
Center (SBDC) today announced applications are open for
the Indiana Technical Assistance
Program (INTAP) through Feb. 15, 2021. This statewide
initiative connects small businesses with critical professional assistance to
complete growth and improvement projects.
“INTAP helps businesses grow and thrive, especially in underserved
communities, by helping them complete critical company projects they might not
otherwise be able to pursue,” said Indiana SBDC State Director David
Watkins. “We’ve had clients utilize this program for a variety of
professional assistance, everything from prototype development to business
management systems. I strongly encourage small business owners to learn more
about this program and see how it could help take their business to the next
level.”
Through INTAP, eligible small businesses may
apply for up to $15,000 to complete projects that require specialized
assistance or technical expertise such as app or technology development,
intellectual property legal assistance and grant writing assistance for the Small
Business Innovation Research and Small Business Technology Transfer (SBIR/STTR)
programs. The program is administered by Ivy Tech Community College
Bloomington’s Cook Center for Entrepreneurship, which houses the South Central
Indiana SBDC regional office.
“Ivy Tech Community College is pleased to
support the Indiana Technical Assistance Program through our relationship with
the Indiana SBDC at our host site at our Bloomington campus,”
said Jennie Vaughan, chancellor of Ivy Tech Community College Bloomington.
“This is an important program that fosters innovation and entrepreneurship
leading to jobs and investment across the state of Indiana. As a leader in
entrepreneurship education, we help build the skills necessary to launch and
grow small businesses, and this program aligns perfectly with our mission to
help communities innovate and support their workforce development needs.”
INTAP has assisted 60 businesses with completing projects since the program was
launched in 2017. To be eligible for INTAP, Indiana small businesses must meet
the following criteria:
- Be or become an Indiana SBDC client,
- Be registered to do business in Indiana,
- Be able to complete the project within five months and before Dec. 31, 2021, and
- Be able to demonstrate a positive impact after completion, including but not limited to new job creation, increased production or sales, or new market expansion.
Indiana companies are encouraged to learn more about eligibility requirements and submit applications online.