16 Tech Community Investment Fund
Funding Amount
$350,000 annually
Deadline
Rolling / Open
Grant Type
foundation
Overview
16 Tech Community Investment Fund
Overview: A community-focused fund launched in 2019 to ensure access, opportunity and revitalization of neighborhoods in and around the 16 Tech Innovation District in Indianapolis.
Geographic Scope: Near West, Near Northwest and surrounding neighborhoods of Indianapolis
Focus Areas:
Funding Details:
Governance:
Eligible Applicants:
Sample Grants Awarded (2020):
Contact Information:
Background:
16 Tech is a 50-acre development along Indiana Avenue with office, creative, residential, and retail spaces, green space and trails to foster innovation in tech, life sciences and advanced manufacturing.
How to Apply
Application Process
1. Application Submission: Submit grant applications during designated annual rounds
- First round: Late 2019/Early 2020
- Second round: Mid-2020
- Subsequent rounds: Ongoing annually
2. Community Review: Neighborhood residents review and endorse projects as having meaningful community impacts before funding decisions are made
3. Advisory Committee Review: The 16 Tech Investment Fund Advisory Committee evaluates applications
4. Required Materials: Specific application materials not detailed in available documentation
Application History:
For detailed application requirements and submission procedures, visit 16tech.com/grant-awards
What Cicp Foundation Inc actually gave
Source: IRS Form 990-PF, 2024
- Grants in 2024
- 40
- Total given
- $7.34M
- Median grant
- $23K
- Range
- $6,000–$2.29M
- By dollars: Indiana 57%, Illinois 31%, North Carolina 5%. Top recipient cities: Indianapolis, IN; Muncie, IN; Chicago, IL.
- 0% of grants with a stated purpose were for general or operating support.
- 23% of recipients were new grantees, not repeat recipients.
Example grants
Purdue University · Chicago, IL
To advance the analytixin strategic initiaive project
$2.29M
Indiana Health Information Exchange Inc · Indianapolis, IN
To advance the development of the analytixin strategic initiative health data
$1.31M
Indianapolis Private Industry Council Inc DBA Employindy · Indianapolis, IN
To advance ascend indiana's modern and youth apprenticeship programs
$1.07M
Central Indiana Corporate Partnership Inc · Indianapolis, IN
Reimbursement grant for indot research
$830K
Research Triangle Institute Inc · Charlotte, NC
To support research and development related to agbioscience ecosystem growth in indiana
$352K
Focus Areas & Funding Uses
Fields of Work
Categories
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