Small Business Growth in Indiana

The Franklin Chamber Foundation, operating under the Franklin Chamber of Commerce, has received a $25,000 grant from the Franklin Economic Development Commission to support small business growth in the local community. As the philanthropic arm of the Chamber, the Foundation has a focused mission to strengthen and expand the economic infrastructure of Franklin, Indiana, specifically targeting the 46131 zip code. This new round of funding will directly support the ongoing Capacity Building Grant Program, which assists small businesses in foundational growth areas such as facility expansions, technology enhancements, essential equipment purchases, and the launch of new products or services. The Capacity Building Grant Program was designed to promote long-term business viability and sustainability in Franklin’s small business sector. Since its inception, the program has already disbursed $60,000 in funding to 25 small businesses, making a demonstrable impact on local job creation, customer service capacity, and community presence. With this additional $25,000, the Foundation plans to expand the program’s reach by funding at least five new projects, further reinforcing the stability and growth potential of the community’s small business ecosystem. Eligible applicants must be for-profit small businesses with no more than 10 full-time employees and must be physically located within the 46131 zip code. Each application will be reviewed and evaluated using multiple criteria, including business longevity, financial and operational sustainability, demonstrated community involvement, innovation, and the overall completeness and clarity of the application materials submitted. This structured and transparent evaluation process ensures that funding is allocated to projects with high potential for community and economic impact. The grant application is currently open and will close on August 15, 2025. There are no specified pre-application deadlines or Q&A periods mentioned in the current grant cycle. The program is not rolling and is not confirmed to be recurring. However, past disbursements and continued support from the Economic Development Commission suggest a potential for future rounds depending on funding availability. Rosie Chambers, President and CEO of the Franklin Chamber of Commerce, has publicly expressed gratitude for the continued collaboration with the Franklin Economic Development Commission. Chambers emphasized that small businesses play a pivotal role in Franklin’s overall economic health and community vitality, and that this grant represents a significant affirmation of their importance. Interested applicants are encouraged to apply promptly to maximize their opportunity for consideration within the current funding round. For inquiries, applicants can contact the Franklin Chamber of Commerce at their office located at 120 East Jefferson Street, Franklin, Indiana 46131, or via phone at 317.736.6334. No specific email or named contact person was provided in the announcement.