Business Resources2017-10-11T17:15:48+00:00

Business Resources

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Gateway Mile Loan Fund

Downtown Elkhart Inc. works in partnership with seven local financial institutions and the City of Elkhart’s Aurora Capital Development Corporation to execute a loan program. The Gateway Mile Loan Fund provides capital to creditworthy businesses, whether expanding an existing business or building a new one, in a designated area of Downtown Elkhart’s Main Street corridor and the immediately adjacent neighborhoods. The combined participation of lending institutions has created a targeted community loan fund with the express purpose of furthering the commercial vibrancy of Elkhart’s central business district.

For additional program details, please contact Andy Jones:
Email: ajones@elkhart.org
Phone: 574-903-4815

Check It Out

Gateway Mile Loan Fund

Downtown Elkhart Inc. works in partnership with seven local financial institutions and the City of Elkhart’s Aurora Capital Development Corporation to execute a loan program. The Gateway Mile Loan Fund provides capital to creditworthy businesses, whether expanding an existing business or building a new one, in a designated area of Downtown Elkhart’s Main Street corridor and the immediately adjacent neighborhoods. The combined participation of lending institutions has created a targeted community loan fund with the express purpose of furthering the commercial vibrancy of Elkhart’s central business district.

For additional program details, please contact Andy Jones:
Email: ajones@elkhart.org
Phone: 574-903-4815

Check It Out

Aurora Capital Fund

The Aurora Capital Loan Fund is used to finance the rehabilitation and construction of commercial real estate in Downtown Elkhart. The objective of the loan pool is to stimulate physical improvements to small businesses in Downtown Elkhart.

For additional program details, please contact Andy Jones:
Email: ajones@elkhart.org
Phone: 574-903-4815

Check It Out

Aurora Capital Fund

The Aurora Capital Loan Fund is used to finance the rehabilitation and construction of commercial real estate in Downtown Elkhart. The objective of the loan pool is to stimulate physical improvements to small businesses in Downtown Elkhart.

For additional program details, please contact Andy Jones:
Email: ajones@elkhart.org
Phone: 574-903-4815

Check It Out

Urban Enterprise Zone

The Elkhart Urban Enterprise Zone (EUEZ) is an area of the community that is targeted for physical revitalization, job creation, and improvements in social and economic conditions. The designated area includes Downtown Elkhart and its nearby neighborhoods, as well as the residential and industrial areas located on the southwest portion of the community.

Businesses located within the Enterprise Zone annually receive tax incentives from the State of Indiana for hiring Zone residents.  A portion of those incentives are then shared with the EUEA to promote further economic development and employment opportunities within the EZ. The Elkhart Urban Enterprise Association is NOT a department of the city. It is a stand-alone entity; information is provided as a service to Zone businesses, lenders and residents. Any tax incentives offered are through the State of Indiana, not through the City of Elkhart or the EUEA.

The EUEA finds that businesses, investors, and residents of the Zone all benefit from EUEA involvement, and the entire community benefits from improved economic health and quality of life.

Check It Out

Urban Enterprise Zone

The Elkhart Urban Enterprise Zone (EUEZ) is an area of the community that is targeted for physical revitalization, job creation, and improvements in social and economic conditions. The designated area includes Downtown Elkhart and its nearby neighborhoods, as well as the residential and industrial areas located on the southwest portion of the community.

Businesses located within the Enterprise Zone annually receive tax incentives from the State of Indiana for hiring Zone residents.  A portion of those incentives are then shared with the EUEA to promote further economic development and employment opportunities within the EZ. The Elkhart Urban Enterprise Association is NOT a department of the city. It is a stand-alone entity; information is provided as a service to Zone businesses, lenders and residents. Any tax incentives offered are through the State of Indiana, not through the City of Elkhart or the EUEA.

The EUEA finds that businesses, investors, and residents of the Zone all benefit from EUEA involvement, and the entire community benefits from improved economic health and quality of life.

Check It Out
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