Ignition: Collegiate Founders Program
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
foundation
Overview
Ignition: Collegiate Founders Program
Overview: Ignition is a program powered by the Indiana Economic Development Corporation's Community Collaboration Fund, designed to support collegiate founders from across Indiana as they build ventures and futures in the state. The program fills a critical gap between university-based entrepreneurial programs and Indiana's larger startup ecosystem.
Program Status: Program concluded in November 2025 (inaugural cohort). Future cycles unknown.
Geographic Scope: Indiana statewide; based in Indianapolis at 16 Tech Innovation District
Program Structure: Eight-week hybrid program combining:
- Kickoff event alongside the RALLY Innovation Conference
- Mid-October networking and mentorship meetup
- Final showcase and demo day in November at 16 Tech
- Collegiate/student founders
- Early-stage startup companies (concept, MVP, or early revenue stage)
- Founders from multiple Indiana universities
Target Participants
- 25 student founders
- 15 startup companies represented
- Students from Butler University, Purdue University, Indiana University – Indianapolis, and Indiana University – Bloomington
- Industries: diverse mix including AI, biomedical, dental technology, e-commerce, and more
Inaugural Cohort (2025)
- Problem definition and clarity
- Growth potential
- Founder's readiness to engage with mentors and peers
- Competitive application and review process
Selection Criteria
- Access to Indiana's startup ecosystem resources, mentors, and networks
- Peer-to-peer connections across institutions
- On-ramp to Indiana's broader startup ecosystem
- Preparation for post-program next steps
- Exposure to support systems, spaces, programs, and professional networks
Benefits
- Address: 1220 Waterway Blvd, Indianapolis, IN 46202
- Program Director: Andy Lehman, 16 Tech
- Website: 16tech.com
Contact Information
How to Apply
Application Process
1. Application Submission: Competitive application and review process
2. Review Criteria:
- Problem definition and clarity of the business problem being solved
- Growth potential of the startup idea/company
- Founder's readiness to engage with mentors and peers throughout the program
- Commitment to participating in all program components (virtual and in-person)
3. Program Dates: Eight-week program (inaugural cohort launched late September 2025)
4. Cohort Size: 25 student founders from multiple Indiana universities
5. Contact: Andy Lehman, Program Director at 16 Tech Community Corporation
What 16 Tech Community Corporation actually gave
Source: IRS Form 990-PF, 2024
- Grants in 2024
- 8
- Total given
- $306K
- Median grant
- $25K
- Range
- $5,500–$100K
- By dollars: Indiana 100%. Top recipient cities: Indianapolis, IN.
- 0% of grants with a stated purpose were for general or operating support.
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