HISTORY
SOURCE River West (SOURCE) officially opened its doors on the Near West side of Indianapolis on May 23rd, 2017. SOURCE is an entrepreneurial education and resource center that emerged from the Near West Great Places 2020 Quality of Life Plan. IUPUI serves as fiscal agent for the first two years to ensure a smooth launch and scale-up. SOURCE strives to be a hub for entrepreneurs interested in developing businesses in and near the Near West neighborhoods, particularly in the River West Michigan Street corridor.
The launch event welcomed neighbors and partners into the new center, located at 2230 W. Michigan Street, adjacent to the West Side Community Development Corporation offices. During the event SOURCE welcomed guests and thanked funders: IUPUI, JPMorgan Chase Foundation, Central Indiana Community Foundation (CICF), Local Initiative Support Coalition (LISC), OfficeWorks, and the Interactive Intelligence Foundation.
Mission
OUR MISSION: TO CREATE AN ENVIRONMENT WHERE ALL ENTREPRENEURS CAN THRIVE
Our education and economic initiatives promote and encourage business ownership by assisting in the launch of entrepreneurial ventures and support start-up to scale-up businesses that create jobs, improve the quality of life, and strengthen the community in Indianapolis’ Great Places and central Indiana.
In 2016, Local Initiatives Support Corporate (LISC) designated the Near West/River West a Great Place 2020 neighborhood. The Near West Quality of Life Plan was created by residents and neighborhood stakeholders in response to declining employment and business vacancies in Near West. The Steering Committee identified the need for an entrepreneurship center to serve as a catalyst for economic growth, and SOURCE was created to fill that need.
The IUPUI Office of Community Engagement supports the Near West Quality of Life Plan and River West Great Place on behalf of Indiana University by serving as fiscal agent to support SOURCE . IUPUI provides staffing, planning support, grant management, and funding assistance.
BOARD
Bd. President
Name: Tom O’Neil
Company: OfficeWorks
Title: President
Name: Dr. Toya Crain
Company: Near West
Title: Haughville Resident
Name: Saidah Pearsall
Company: Shea Bodyworks
Title: Founder
Vice President
Name: Matt Warner
Company: Kemper CPA Group
Title: CPA/Auditor
Name: Jennifer Lawrence
Company: IU Foundations Relations
Title: Executive Director
Name: Phil Powell
Company: Kelley School of Business, IUPUI
Title: Associate Dean
Secretary
Name: Teresa Bennett
Company: Office of Community Engagement, IUPUI
Title: Assistant Vice Chancellor
Name: Khaula Murtadha
Company: Office of Community Engagement, IUPUI
Title: Associate Vice Chancellor
Name: Emily Scott
Company: LISC
Title: Program Officer
Funders
JPMorgan Chase and Co. is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase and Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
The Nina Mason Pulliam Charitable Trust seeks to help people in need, especially women, children, and families; to protect animals and nature; to enrich community life in the metropolitan areas of Indianapolis and Phoenix.
In keeping with the wishes of Mrs. Pulliam, the Trust accepts requests from only charitable organizations located in and serving Marion County, Indiana, and Maricopa County, Arizona, with the exception of environmental requests. For environmental requests, the Trust will consider applications from charitable organizations throughout Arizona and Indiana.
As the steward of over $800 million in charitable assets, CICF connects donors with causes they care about, serving as a catalyst for community change. CICF also makes smart, strategic investments in Central Indiana by granting funds to the area’s most effective not-for-profits.
In addition to their work with philanthropists and not-for-profits, CICF leads three community leadership initiatives designed to lift families out of poverty, help kids succeed in college, and create inspiring, beautiful public spaces.
Through these initiatives, CICF is actively involved in making Central Indiana a place where art, nature and beauty are accessible every day for everybody.
Partners
STAFF
Name: Teresa Bennett
Title: Assistant Vice Chancellor, Office of Community Engagement
Name: Riley Smith
Title: Program Assistant Intern