Program areas at Business Ownership Initiative of Indiana
The Business Ownership Initiative (BOI), located in Indianapolis, helps Central Indiana residents start & grow businesses by providing business resources, business coaching and access to financing. Whether you are a first time entrepreneur, developing a plan for a startup business or a small business veteran looking for a small business loan, BOI can help. BOI's services include the following: Entrepreneurial Services for Women: The Central Indiana Women's Business Center (CIWBC) is a cooperative program that partners with the U.S. Small Business Administration (SBA) to promote the creation and growth of businesses by women entrepreneurs, proving education business resources, and access to capital. Business Coaching and Training: BOI provides one-on-one, personalized business coaching free of charge. BOI also offers business training workshops and online business courses to educate entrepreneur and small business owners on a variety of business related topics from marketing to cash flow analysis. Our business coaches are qualified individuals who help our clients move forward and create success. This free service is provided by staff, contractors, and volunteers. Business coaching is also available in Spanish and is provided due to the generous support of The Clowes Fund, Inc. Small Business Lending: BOI offers micro loans from $1,000-$100,000+ for available start-ups or existing businesses.
Who funds Business Ownership Initiative of Indiana
Grants from foundations and other nonprofits
Personnel at Business Ownership Initiative of Indiana
Name | Title | Compensation | Date of data |
---|
Michael Huber | Board Member | | 2023-10-21 |
Ian Nicolini | Chief Operating Officer | | 2021-11-09 |
Vandana Kapur | Board Member | | 2023-10-21 |
Richard Proctor | Executive Director | $30,533 | 2023-11-14 |
Toni Neely | Board Member | | 2023-10-21 |
...and 13 more key personnel |
Financials for Business Ownership Initiative of Indiana
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $507,682 | $890,778 | -43% |
Program services | $333,714 | $447,944 | -25.5% |
Investment income and dividends | $0 | $2,546 | -100% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $1,053 | -100% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $6,661 | $0 | 999% |
Total revenues | $848,057 | $1,342,321 | -36.8% |
Organizations like Business Ownership Initiative of Indiana
Organization | Type | Location | Revenue |
---|
Southwest Colorado Accelerator Program (SCAPE) | 501(c)(3) | Durango, CO | $378,640 |
Suazo Business Center | 501(c)(3) | Salt Lake City, UT | $1,289,713 |
Adelante Center for Entrepreneurship | 501(c)(3) | Waukegan, IL | $250,871 |
Nashville Entrepreneur Center (EC) | 501(c)(3) | Nashville, TN | $3,275,516 |
Center for Community Wealth Building | 501(c)(3) | Denver, CO | $1,068,029 |
William M Factory Small Business Incubator | 501(c)(3) | Tacoma, WA | $441,325 |
Virginia Highlands Small Business Incubator | 501(c)(3) | Abingdon, VA | $381,610 |
Growth Enterprises of Nashville | 501(c)(3) | Nashville, TN | $1,670,908 |
Dekalb County Entrepreneurial Center | 501(c)(3) | Rainsville, AL | $463,965 |
Grand Rapids Opportunities for Women (GROW) | 501(c)(3) | Grand Rapids, MI | $1,075,296 |
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 4 new personnel
October 21, 2023
Updated personnel
Identified 53 new personnel
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsFamily service centersChapter / child organizationsCharities
Issues
Business and industry
Characteristics
Political advocacyState / local levelReceives government fundingTax deductible donations
General information
- Address
- 111 Monument Cir 1950
- Indianapolis, IN 46204
- Metro area
- Indianapolis-Carmel-Anderson, IN
- County
- Marion County, IN
- Website URL
- indychamber.com/entrepreneur-services/Â
- Phone
- (317) 464-2258
IRS details
- EIN
- 35-2028160
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1997
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 624190: Individual and Family Services
- Parent/child status
- Subordinate organization
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