Category: News

Local Partners Thankful for a Successful First #NearEastEats

In response to the devastating economic effects of the 2020 COVID-19 pandemic, Near East Area Renewal (NEAR), with support of the IndyEast Promise Zone, initiated an interactive campaign from November 9th to the 22nd to increase traffic for food and beverage establishments in the Near Eastside. Event participants were instructed to purchase a meal from

Read More »

Renew Indianapolis’ Build Fund Continues Momentum in the Promise Zone and Beyond

The Build Fund recently received an $800,000 grant from the U.S. Department of Health and Human Services’ (HHS) Office of Community Services (OCS) that will address community barriers and improve revitalization efforts by providing technical assistance and loans to businesses in the Promise Zone and surrounding Opportunity Zones. A significant portion of the funds are

Read More »

Eat, Post, Win: Support Local Businesses

Restaurant traffic has dramatically declined in the United States due to the COVID-19 pandemic, causing devastating economic effects across the nation. Restaurants and bars reported losing 48.1% of jobs from February to April, and according to a survey by the Indiana Restaurant and Lodging Association, more than 4 out of 10 restaurant operators in Indiana say, “it is unlikely they will be in business

Read More »

U.S. Small Business Administration Continues Support of BOI’s REDi Program with PRIME Grant

Business Ownership Initiative (BOI) received $200,000 from the U.S. Small Business Administration (SBA) Program for Investment in Micro-entrepreneurs (PRIME), supporting their Re-Entry Entrepreneurship Development Initiative (REDi). PRIME grants support economic development by providing technical assistance to organizations that encourage training and education to build, expand, and sustain small businesses with special emphasis placed on organizations that assist

Read More »
photo courtesy of Twin Aire Neighborhood Coalition

U.S. EDA Supports Accelerator Project Development in Twin Aire

Southeast Neighborhood Development (SEND) received $45,000 from the U.S. Economic Development Administration (EDA) to conduct a small business incubator and accelerator feasibility study at the previous Citizens Energy Coke Plant, a 140-acre parcel in the Twin Aire Neighborhood Corporation (TANC) and within the IndyEast Promise Zone. The new Community Justice Campus in development is also located

Read More »

National Coalition of Promise Zones Partners with Federal Agencies in Response to COVID-19 Crisis

National Coalition of Promise Zones, in partnership with the U.S. Department of Housing and Urban Development (HUD) Community Liaisons, hosted the first annual National Coalition of Promise Zones 2020 Federal Convening, a virtual series of 16 presentations from federal agencies, change agents, and community leaders across the United States sharing resources and best practices on

Read More »

COVID-19 Resources

COVID-19 Small Business Resource guide Below is a resource guide created by the Indy East Promise Zone. It is a compilation of resources on the following topics: Managing cash flow and diversifying revenue Marketing during COVID-19 Supporting employees New policies that affect your business and opening back up COVID-19 loans and grants Additional resources 1.

Read More »
Indy East Promise Zone Logo

2020 Strategic Priorities

2020 Strategic Priorities Below are our strategic priorities for 2020.  Contact us to learn more about any of our policy areas or how you can get involved.  2020 Policy Area: Small Business Support Develop and deploy a comprehensive small-business strategy, to include: an economic mobility district, rolling or cyclical small business survey, small business toolkit

Read More »
The Union Apartment Building

The Union – A Unique and Innovative Place to Call Home in the Eastside

Three years ago, the John Boner Neighborhood Center asked the Thomas Gregg Neighborhood School, “what their biggest barrier for students was, and what they could do to provide them support?” “Student mobility has been a challenge Thomas Gregg staff has faced each year” replied Ross Pippin, Executive Director of Thomas Gregg Neighborhood School, a nonprofit

Read More »