Indianapolis Economic Development – Competitive by Nature

The City of Indianapolis and State of Indiana have collaboratively developed competitive programs to help companies decide to locate to or expand in the City of Indianapolis. Indianapolis Economic Development’s experienced team of professionals can help you navigate through the myriad of programs available and maximize benefits for your needs. Click on the links below for detailed information about eligibility and application procedures.

Tax credits for:
	Indiana Jobs (EDGE) These payroll tax credits improve your bottom line and are even refundable in the instance where your company’s EDGE award exceeds tax liability!
	Indiana Research Expense This Indiana Department of Revenue program creates benefit for those firms engaged in research & development of new products.
	Hoosier Business Investment Capital investments that lead to new job creation or an increase in job wages may be eligible for this substantial tax credit.
	Venture Capital VC firms may enjoy a tax credit when providing qualified investment capital to qualified Indiana businesses.
	Professional Racing Transactions involving the purchase of engines or chassis are exempt from Indiana sales and use tax.

Property Tax Abatement:
Real and personal property tax abatement is available on improvements to real property and research & development or manufacturing equipment that is new to the state. Tax abatement is approved by the local unit of government.

Grants for:
	Training The Indiana Department of Commerce and/or Workforce Development will reimburse you for a portion of the expenses you incur associated with job training in the following areas: Skills Enhancement Fund (SEF): Basic & transferable skills training and company-specific skills/quality assurance training Advance Indiana: Lifelong learning opportunities Tech Fund: Information technology certification
	Technology Development Grant funds available for eligible projects in Certified Technology Parks.
	Industrial Development Matching grant funds available to be used with local money in the development of new infrastructure.