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Get Help To Scale

The Indy Chamber and Kelley School recognize that one of the barriers to small business growth is the time and capacity to grow and scale. The MBA Business Solutions Program offers a unique approach to business growth.  This model pairs local small businesses with faculty-supervised MBA consulting teams.  The MBA students, working on their Kelley Schools Summer Capstone project, use their educational experiences, research abilities, and professional connections to solve real business challenges. The program lasts 2 months, from early June to early August.  Business owners, or their designate, meet frequently and often with their MBA consulting team to ensure progress and work toward a final project presentation, which also serves as the business’s roadmap toward growth.  We encourage you to apply if you are a business owner with a growth mindset and own a business at the precipice of growth.

MBA teams can help businesses with:

  • Analyzing data
  • Customer growth
  • Newmarket entry
  • Pricing
  • Product promotion
  • Supply chain management
  • Strategic financial investment
  • Conducting market research
  • Identifying new business processes
  • Formulating new business plans
  • Human resource/talent assessment
  • Workflow redesign

Timeline – Application Currently CLOSED

Ideal businesses are enterprises that:

  • Are primarily minority-owned*
  • For-profit businesses
  • Gross $250,000 or more annual revenue*
  • Employ 2+ full-time employees*
  • Are located in Central Indiana
  • Are active and registered with the State of Indiana
  • Able to produce financial statements (Profit & Loss Statement and Balance Sheet)
  • Have stable and consistent systems/processes that would allow for scaling.

*Applicants not fulfilling these guidelines will be reviewed on a case-by-case basis

Ideal founders are individuals who:

  • Possess a desire to grow/scale the business.
  • This can include but is not limited to new hires, multiple locations, new product launches, new markets, executive development, and more.
  • Have the capacity to grow/scale
  • Will reserve dedicated time to grow/scale
 

Gather this information before applying:

  • 2021 Gross receipts
  • 2021 Owner’s salary (total amount paid to owners)
  • Percent of revenue growth, or decline, in 2021 compared to 2020.
  • 2021 Year-end Profit & Loss Statement
  • 2021 Year-end Balance Sheet
  • Recent copy of your business plan (if available)