Across East Central Indiana, communities are continuing to invest in the long-term success of their small businesses—not just for today, but for whatever comes next.

In Randolph County, that commitment is clear through a forward-thinking grant program designed to help businesses plan ahead, adapt, and remain resilient in the face of future disruptions. But Randolph County is not alone—counties across the region are leveraging a mix of grants, revolving loan funds, and local incentives to strengthen their business communities.

Together, these efforts reflect a broader regional priority: building a more adaptable, prepared, and competitive economy.

A Shift from Recovery to Readiness

Randolph County’s Business Support Grant, led by Randolph County United in partnership with the Indiana Office of Community and Rural Affairs, represents an important shift in strategy.

Rather than reacting to crisis, the program focuses on preparedness—helping businesses:

• Maintain operations during disruptions
• Adapt to digital and contactless environments
• Protect and retain their workforce

With grants up to $25,000 and no local match required, the program enables practical investments in technology, training, and continuity planning.

It’s a model that reflects where economic development is headed: proactive, flexible, and focused on long-term sustainability.

A Regional Approach to Supporting Small Business

While programs vary by county, a common thread runs throughout East Central Indiana: supporting small businesses as the backbone of local economies.

Here’s a snapshot of how other counties are contributing to that effort:

Delaware County (Muncie)
Delaware County offers multiple tools, including the Muncie-Delaware County Microloan Program, which provides accessible financing options for small businesses and entrepreneurs. These programs help bridge funding gaps and support early-stage growth.

Grant County
Grant County continues to operate a revolving loan fund. The City of Marion has also introduced targeted loan programs to support building renovation and redevelopment—encouraging reinvestment in existing spaces.

Henry County
Henry County’s Enterprise Loan Fund provides financing to businesses looking to expand, modernize, or improve operations—supporting both job creation and long-term business stability.

Wayne County
Wayne County and the City of Richmond offer revolving loan funds focused on business expansion, equipment, real estate, and working capital. These programs are designed to fill financing gaps and incentivize job creation, with flexible terms that support both new and existing businesses.

Blackford County
Blackford County provides a range of incentives aimed at workforce and business attraction, helping position the county as competitive and business-friendly.

Jay County
Jay County offers a Revolving Loan Fund Program designed to support business growth while strengthening the county’s long-term economic vitality. The program helps guide the use of local economic development tax funds to promote diverse employment opportunities, encourage private investment through gap financing, support modern and safe workplaces, and retain and create jobs.

Rush County
Rush County continues to explore funding tools and local support mechanisms to assist businesses with growth and sustainability.

Fayette County

Fayette County is in the process of launching a loan program within its Enterprise Zone, creating new opportunities for businesses located in that designated area to access capital for expansion and improvement. In addition, Fayette County offers a loan program tied directly to job creation—aligning financial support with measurable economic impact.

Why This Matters for the Region

From a regional perspective, resilience is just as important as growth.

When small businesses are equipped to adapt:

• Jobs are retained
• Local economies remain stable
• Communities maintain momentum during uncertainty

These investments also contribute to quality of place—ensuring that residents can live, work, and thrive in the communities they call home.

Building a Stronger, More Resilient Future

At Forge ECI, we recognize that strong communities are built on strong, adaptable businesses.

The work happening across East Central Indiana—from Randolph County’s proactive grant program to revolving loan funds and local incentives throughout the region—demonstrates a shared commitment to long-term success.

By investing in tools that help businesses pivot, grow, and plan ahead, these communities are doing more than supporting local employers—they’re building a region that is ready for whatever comes next.

A Note on Resources

Programs and availability may change over time. Businesses are encouraged to connect directly with their local economic development organizations for the most current information and eligibility details.