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Ignition: Collegiate Founders Program

16 Tech Community Corporation

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:

  • Weekly virtual workshops and mentorship

  • Three in-person gatherings:

  • - Kickoff event alongside the RALLY Innovation Conference
    - Mid-October networking and mentorship meetup
    - Final showcase and demo day in November at 16 Tech

      Target Participants

    • Collegiate/student founders
    • Early-stage startup companies (concept, MVP, or early revenue stage)
    • Founders from multiple Indiana universities

      Inaugural Cohort (2025)

    • 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

      Selection Criteria

    • Problem definition and clarity
    • Growth potential
    • Founder's readiness to engage with mentors and peers
    • Competitive application and review process

      Benefits

    • 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

      Contact Information

    • Address: 1220 Waterway Blvd, Indianapolis, IN 46202
    • Program Director: Andy Lehman, 16 Tech
    • Website: 16tech.com

    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.

    Example grants

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      $50K

    • St Joseph's at Marian University · Indianapolis, IN

      Support underserved youth thru education and paid work experience, career ready job skills

      $50K

    • A Plus Child Care and Learning Center · Indianapolis, IN

      Focus on improving math and literacy proficiency for students in underserved areas of…

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    • Aspire Higher Foundation Inc · Indianapolis, IN

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      $25K

    IRS Form 990-PF, 2024. Amounts as reported by the funder. Full 990 history →

    Focus Areas & Funding Uses

    Fields of Work

    startupsyouth-programs

    Categories

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