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New Whitestown yoga studio receives microloan funding

Mar 15, 2021 | Economic Development Commission, News

The Town of Whitestown, in partnership with the Boone County Economic Development Corporation (Boone EDC), has awarded a microloan to Honor Yoga through the Propel Program.

The Propel Program is a microloan program open to small businesses and start-ups in Boone County.

“The program uniquely offers funds alongside small business assistance through trusted partners in one-on-one coaching, IT, and marketing support,” said Whitestown Town Council President Clinton Bohm. “We are pleased that Honor Yoga is the first recipient in Whitestown.”

“Small businesses are a major driver of our local economy,” said Boone EDC Executive Director Molly Whitehead. “We want to support them well because we know that our communities wouldn’t be the same without them here. The Propel Program is one of the ways we do that.”

Anne Wolka, owner of Honor Yoga, is a local resident and experienced yoga teacher pursuing small business ownership following a nearly 15-year corporate career.

“We’re creating more than a yoga studio — we’re creating a place of community, connection, and acceptance,” said Wolka.

Her new yoga studio is now open at 7117 Whitestown Parkway in Whitestown.

“The COVID-19 pandemic caused me to postpone the open date by nearly a year,” said Wolka. “It’s been difficult to find a bank open to helping me given the current economy. The Propel Program will help cover my startup costs and help my small business get off the ground.”

“Honor Yoga is the first yoga studio in our community,” said Whitestown Town Manager Jason Lawson. “We are excited to see a local business owner bring her vision to life and honored by the opportunity to support her endeavor.”

To learn more about the Propel Program, visit

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