Elevate is a small business grant program that assists the growth and development of small businesses, their workforce, and the communities where they are located. Customers of Federal Home Loan Bank of Indianapolis (FHLBI) member banks can use up to $10,000 for working capital and up to $20,000 for capital expenditures, workforce training, or a variety of other needs to get the boost that they need.
This grant is designed to benefit FHLBI members and their customers by strengthening relationships they already have. With the guidance of sponsor Home Bank, Studio J2 Dance applied at the beginning of the year and was one of a select number of applicants chosen to receive this grant to expand and improve their small business. This funding will allow the studio to renovate its lobby, enhance its parent lounge and open a retail space .
Julia Ewing and Justine St. John were grateful for the opportunity presented to them through the sponsorship of Home Bank. “These are all being done to elevate our customer experience. We will also be adding improved equipment to our studio rooms for a better student experience. We are thankful to be one of the very few to receive this generous donation. Thank you Home Bank!” said Ewing.