Indianapolis's 17 Best Startup Accelerators & Incubators [2024]

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Updated: January 20th, 2022

Are you looking for an accelerator program in Indianapolis city?

Did you know that the startup rate in Indianapolis outperforms the rest of the state?](https://www.axios.com/indianapolis-bucks-the-trend-to-become-a-hotbed-for-startups-1513306163-7274b8ba-4896-46f2-957e-ed3e084ec7c2.html)

If you're starting a startup in Indianapolis, you might be wondering what startup accelerators or business incubators exist in the area.

In this list, you'll find the best business incubators, startup incubators, startup accelerators in Indianapolis. Here's the full list:

Startup Accelerators & Business Incubators In Indianapolis

#	Accelerator/Incubator	Funding	Location	Apply
1	Techstars	$20K	Global	Apply
2	gBeta	$25K	Milwaukee...	Apply
3	Pax Momentum	$50K	Indianapo...	Apply
4	The Heritage Group	$20K	Indianapolis	Apply
5	Tech Point	Not Disclosed	Indianapolis	Apply
6	Developer Town	Not Disclosed	Indianapolis	Apply
7	Indiana PTAC	Not Disclosed	Indianapolis	Apply
8	Innovate Within	Not Disclosed	Indianapolis	Apply
9	16 Tech	Not Disclosed	Indianapolis	Apply
10	Indy Chamber	Not Disclosed	Indianapolis	Apply
11	Elevate Ventures	Not Disclosed	Indianapolis	Apply
12	Edna Martin Christian Center	Not Disclosed	Indianapolis	Apply
13	ICBI	Not Disclosed	Indianapolis	Apply
14	Burton. D Morgan Center for Entrepreneurship	Not Disclosed	Indianapolis	Apply
15	Indiana SBDC	Not Disclosed	Indianapolis	Apply
16	Powderkeg	Not Disclosed	Nashville...	Apply
17	Hyde Park Venture Partners	Not Disclosed	Indianapo...	Apply

Indianapolis's 17 Best Startup Accelerators & Incubators [2024]

1. Techstars

Location: Global
Industry: All Industries
Investment Size: $20K
Program: 3 months
Equity Taken: Not Disclosed

Techstars runs a three-month accelerator program in which they provide mentorship and raise funding for the startups of any industry. At Techstars, they have a powerful team of mentors, corporate partners, and investors who will provide startups with workshops, innumerable experiences, curated resources, fundraising opportunities, and build a successful company.

Apply to Techstars, or learn more ➜

2. gBeta

Location: Milwaukee, Madison, Toronto, Oklahoma City
Industry: All Industries
Investment Size: $25K
Program: 7 Weeks
Equity Taken: Not Disclosed

gBETA is a nationally ranked startup accelerator program that helps early-stage startup companies. In this seven-week program, individualized training, mentorship, and one-on-one meetings are designed for entrepreneurs. They host a weekly launch and learn series in which topics such as marketing, funding, investor pitches, and business revenue models are discussed.

Apply to gBeta , or learn more ➜

3. Pax Momentum

Location: Indianapolis, Maryland
Industry: Cyber, Climate Tech, InsureTech, SAAS, FinTech, eCommerce, HealthTech, and AI.
Investment Size: $50K
Program: 8 Weeks

Pax Momentum is a program that focuses on transforming B2B startups into scalable and thriving business companies. This program instills skills, confidence, experience in promising entrepreneurs and helps them face the unique challenges of building a business firm. They provide participants with tailored programs, knowledge about product-market fit, pricing strategy, sales, go-to-market strategy, mentorship, capital funding, rigid approach to investing and valuation, and opportunity to build connections with leading industry investors.

Apply to Pax Momentum, or learn more ➜

4. The Heritage Group

Location: Indianapolis
Industry: Transportation, Infrastructure, Environmental Services, Chemicals, and Fuel Products
Investment Size: $20K
Program: 3 Months

The Heritage Group hosts an accelerator program powered by Techstars. This program helps early-stage business startups in the niche of transportation, infrastructure, chemicals, and environmental services. They partner with visionary entrepreneurs and invest capital and resources in their success. The participants of this program will be allowed to work with talented mentors, industry-specific experts, and experienced research and development team.

Apply to The Heritage Group, or learn more ➜

5. Tech Point

Location: Indianapolis
Industry: Technology Industry
Investment Size: Not Disclosed
Program: Not Disclosed

TechPoint is an accelerator program that helps technology companies to grow in the tech ecosystem of Indiana. This program provides resources to the early and scale-up stage tech companies that enable them to grow. They bring together experienced tech companies, governments, universities, philanthropists, and talented entrepreneurs to create opportunities. They accelerate the growth of the participants by connecting them to various jobs, educational programs, and internships and helping them undergo a digital transformation.

Apply to Tech Point, or learn more ➜

6. Developer Town

Location: Indianapolis
Industry: Technology Industry
Investment Size: Not Disclosed
Program: Not Disclosed

Developer Town is an accelerator program that helps startups solve business problems and capture business opportunities. They help startups build and launch innovative software products by providing the necessary resources and guidance to them. They also provide startups with the experience of the enterprise world and various services such as research & strategy, quality testing, design, development, innovation, and engagement management.

Apply to Developer Town, or learn more ➜

7. Indiana PTAC

Location: Indianapolis
Industry: All industries
Investment Size: Not Disclosed
Program: Not Disclosed

PTAC or Indiana Procurement Technical Assistance is an incubator program hosted by IEDC ( Indiana Economic Development Center). This program provides technical assistance to the businesses and helps them sell their products and services to government agencies and win government contracts. They offer counseling services, training, education, and workshops to the participants.

Apply to Indiana PTAC, or learn more ➜

8. Innovate Within

Location: Indianapolis
Industry: All industries
Investment Size: Not Disclosed
Program: 30 Days

Innovate Within is an accelerator program specially designed for high-school students and helps them to be successful entrepreneurs of the future. This 30-day accelerator program provides participants with workshops, mentorship, guidance, tools to solve business challenges, pitching opportunities, co-working space, and the opportunity to build connections with influential people of the Indianapolis entrepreneurial ecosystem.

Apply to Innovate Within, or learn more ➜

9. 16 Tech

Location: Indianapolis
Industry: Technology, Life Sciences, and Advanced Engineering
Investment Size: Not Disclosed
Program: Not Disclosed

16 Tech is a program that helps entrepreneurs in the niche of technology, advanced manufacturing, life sciences, and engineering. They help startup firms connect and collaborate with global business corporations and increase the economic growth of Indiana. They provide participants with world-class resources, connections, co-working space, guidance, and other amenities that help them to succeed in the industry.

Apply to 16 Tech, or learn more ➜

10. Indy Chamber

Location: Indianapolis
Industry: All industries
Investment Size: Not Disclosed
Program: Not Disclosed

Indy Chamber hosts an Accelerate Indy program to fuel the economic development of Indiana. This program focuses on the dynamic growth of the Indy region and helps business companies to succeed. They fulfill all the needs of the companies and provides them opportunities and frameworks to grow their business. They provide participants with financial services, education, coaching, mentorship, workshops, and connections with investors and corporates.

Apply to Indy Chamber, or learn more ➜

11. Elevate Ventures

Location: Indianapolis
Industry: ALl industries
Investment Size: Not Disclosed
Program: Not Disclosed

Elevate Ventures is a program that helps entrepreneurs and business leaders elevate in the industry. This program not only provides capital to the startups but provides unique business opportunities for entrepreneurs. Elevate provides guidance and mentorship to early-stage entrepreneurs and helps them build high-performing and successful business companies.

Apply to Elevate Ventures, or learn more ➜

12. Edna Martin Christian Center

Location: Indianapolis
Industry: All Industries
Investment Size: Not Disclosed
Program: Not Disclosed

Edna Martin Christian Center in Indianapolis hosts an Entrepreneurial Incubator program to help small business startups to make their place in the entrepreneurial ecosystem of Indianapolis. This program provides resources, tools, coaching, and mentorship to participants and helps them fulfill their entrepreneurial dreams.

Apply to Edna Martin Christian Center, or learn more ➜

13. ICBI

Location: Indianapolis
Industry: Biomedical Innovation
Investment Size: Not Disclosed
Program: Not Disclosed

ICBI or Indiana Center for Biomedical Innovation is a program hosted by Indiana University Health to help student entrepreneurs. This program provides a platform for the participants to translate their healthcare discoveries into actual commercial products. They catalyze business startups and new companies and help them create an economic and significant impact in the healthcare ecosystem.

Apply to ICBI, or learn more ➜

14. Burton. D Morgan Center for Entrepreneurship

Location: Indianapolis
Industry: Technology Industry
Investment Size: Not Disclosed
Program: Not Disclosed

Burton. D Morgan Center for Entrepreneurship is a program hosted by the Purdue University. This program creates pathways for entrepreneurs and helps them make an impact in the industry through their ideas. They teach and accelerate entrepreneurs through experimental programs, technologies, skills, and experiences. This program helps participants to learn about entrepreneurship and innovations and guides them to build a successful company.

Apply to Burton. D Morgan Center for Entrepreneurship, or learn more ➜

15. Indiana SBDC

Location: Indianapolis
Industry: All Industries
Investment Size: Not Disclosed
Program: Not Disclosed

Indiana SBDC or Indiana Small Business Development Center is an accelerator program that creates a measurable and positive impact on the economy. This program helps in the formation, growth, and sustainability of startup firms and small businesses in Indiana. They help entrepreneurs work smarter by providing them with the necessary resources, expert guidance, networking opportunities.

Apply to Indiana SBDC, or learn more ➜

16. Powderkeg

Location: Nashville, Raleigh
Industry: Technology Industry
Investment Size: Not Disclosed
Program: Not Disclosed

Powderkeg is a community of growing tech entrepreneurs who build innovative tech companies around the world. They believe in the power of people and networks and thus empower connection. They host various events and programs to help the tech communities across America.

Apply to Powderkeg, or learn more ➜

17. Hyde Park Venture Partners

Location: Indianapolis, Chicago
Industry: Software Industry
Investment Size: Not Disclosed
Program: Not Disclosed

Hyde Park is a venture capital firm that provides capital and resources to entrepreneurs and pre-stage startup firms. This program invests in software companies and respects entrepreneurs, and helps them make data-driven decisions. They are committed to adding value to the investment by providing go-to-market knowledge, talent, capital, and unparalleled network to entrepreneurs.

Apply to Hyde Park Venture Partners, or learn more ➜

meet the author

Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.

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