16 Tech Community Investment Fund - Innovation Pool

16 Tech Community Investment Fund - Innovation Pool

Overview: The Innovation Pool provides grants to smaller organizations and emerging neighborhood-driven solutions within the 16 Tech Community Investment Fund. Established in 2019, this fund ensures that the growth of the 16 Tech Innovation District directly benefits nearby neighborhoods by allocating $0.20 per rentable square foot from every building in the 50-acre innovation district.

Geographic Scope: Near West, Near Northwest, Historic Flanner House Homes, and Ransom Place neighborhoods in Indianapolis, Indiana

Funding Status: Active and recurring annually

Total Fund Performance: As of February 2026, the fund has invested over $2.5 million to date in 72 projects across seven grant cycles since 2019.

Focus Areas

• Workforce development and training
• Education initiatives
• Business support
• Neighborhood capacity building
• Infrastructure and beautification
• Quality of life projects
• Targeted, neighborhood-driven solutions

Eligibility Requirements

• Must be a 501(c)(3) nonprofit organization OR an individual working with a nonprofit fiscal agent
• Neighborhood organizations with annual operating budgets of less than $1 million preferred
• Multi-year support is available

Advisory Committee

Guided by a volunteer advisory committee consisting of neighborhood leaders, residents, and supporting organizations representing areas including Riverside, Haughville, Stringtown, Historic Flanner House Homes, Ransom Place, and key corridors such as Indiana Avenue, MLK Jr. Street, and Fayette Street.

Contact Information

• Website: www.16tech.com/grants
• Address: 1220 Waterway Blvd, Indianapolis, IN 46202
• Contact: 16 Tech Community Corporation