Building a pathway to economic inclusion in central indiana

Empowering Black Entrepreneurs to Thrive and Transform our Economy

17.1%

Black Population

3%

Business Ownership

2,135

New Black-owned Businesses

10%

Ownership by 2030

Empowering Black Businesses in Indianapolis

Central Indiana stands at a critical economic inflection point. While Black residents comprise 17.1% of the population, they own only 3% of businesses that employ workers. This disparity represents not just a statistical gap but a significant missed opportunity for economic growth and wealth creation across the region. The region is experiencing unprecedented economic expansion, with companies like Eli Lilly ($3.7B investment), Indiana University Health ($4.3B medical campus), and Elanco ($100M headquarters) making historic investments that will transform the economy over the next decade

Your Digital Bridge to Opportunity

The solution and our most significant opportunity going forward is to organize the Black Business Ecosystem through Indy Biz Pass. This initiative is a digital bridge connecting Black business owners to opportunities. Indy Biz Pass focuses on two key strategies: Ecosystem Alignment and Coordination, and Ecosystem Capacity Building.

we empower black entrepreneurs

RESOURCE NAVIGATOR

A searchable database connecting you to support organizations, funding opportunities, mentorship programs, and educational resources.

CAPITAL CONNECTOR

Tools to help you identify and access the right financial capital for your business stage and needs.

STRATEGIC NETWORKS

Building a powerful community of founders, builders, and believers.

AI FOR ALL

Equipping communities with cutting-edge AI skills for the future economy.

An Ecosystem Approach for Sustainable Growth

At Indy Biz Pass, we believe that to shift the demographics of economies in years rather than generations, systemic change must result from incubating the capacity of the entire entrepreneurial ecosystem that entrepreneurs rely on for success. Our approach aligns and builds the capacity of stakeholders by facilitating change in three critical intersections

Ecosystem Alignment and Coordination

- Identify gaps and determine who is best placed to fulfill needs.
- Design and program in collaboration with ecosystem partners.
- Host inclusive experiences and network-building activities.

Ecosystem Capacity Building

- Design and run programs that build capacity of specific sectors.
- Work with existing entrepreneur support organizations.
- Support incubators to develop common infrastructure and resources.

Market - Driven Approach

- Engage across the private sector to ensure market alignment.
- Connect entrepreneurs to large companies for market access - Business Equity for Indy.
- Provide blended capital approach to support ecosystem growth.

At InnoPower, we believe that to shift the demographics of economies in years rather than generations, systemic change must result from incubating the capacity of the entire entrepreneurial ecosystem that entrepreneurs rely on for success.