In an area that was already in need of comprehensive community development, a former service station sat neglected and abandoned. The sagging structure was an eyesore to the neighborhood residents, and the ground beneath was contaminated. This property, however, was slated to be a first of a first. Located in the first area chosen toRead more
If you’re here, you probably feel like your business has made it through the first few difficult hurdles and is finally making some profits. You’re ready to grow your business. If you’re ready to expand, congratulations! You’ve made it far in the journey of small business. There are plenty of ways to expand your smallRead more
A solid business plan is a roadmap to success for any business. If you only have a vague idea of your destination or can only envision the last leg of your journey, then you can’t possibly expect to get there efficiently, or in some cases, at all. While it’s tempting to forgo what might seemRead more
The Build Fund client, Reveal Properties acquires and restores distressed commercial and multi-family properties in downtown Indianapolis. They have a new tenant, Line+Form Art Center, in their building known as the “pagoda.” Line+Form, founded in June 2016 by Fran Samarripa, is a community art center with a focus on process-based art. They host a varietyRead more
Owning and operating your own business is part of the American dream, but if it was easy everyone would do it. You need ambition, dedication, and some form of financing. Debt financing could be more beneficial to your business. You might have a great product or service that people love, but you need the financialRead more
As the only CDFI solely devoted to supporting economic development in Indianapolis, the Build Fund is committed to generating economic growth in Marion County by connecting businesses to flexible, affordable, and responsible funding. The Build Fund follows opportunities to help serve XBEs businesses in our community. While we hope to strengthen all businesses in theRead more
Recently, Build Fund and King Park were featured on Off the Circle, an Indianapolis business podcast. We shared our commitment to transforming and revitalizing Marion County with a focus on Indianapolis. To accomplish this positive impact on our community, Build Fund fulfills niche needs in lending, specifically for businesses that have a difficult time obtainingRead more
Opening their doors in the fall of 2013, Shoefly Public House is a full-service restaurant owned by a Craig and Kait Mariutto. As lovers of food and community, Craig and Kati wanted to create a family-friendly neighborhood pub that brings both together in one spot. Since receiving the Build Fund loan, Shoefly Public House hasRead more
We’re happy to announce that we closed a loan with Roka Realty, LLC on June 8th, 2017. The Build Fund lent $374,794 to Roka Farms for the acquisition of a vacant and unused building that will help support Roka’s mission to create an urban farm that utilizes hydroponics to efficiently and cost effectively grow highlyRead more
During the first grant round of 2017, The Indianapolis Foundation announced it awarded King Park Development Corporation $60,000 to support the Build Fund and economic development initiatives in Indianapolis. As the only CDFI devoted to supporting economic development in Indianapolis, the Build Fund provides flexible and affordable funding to create jobs in underserved communities. SinceRead more
