Incentives
For additional details about the incentives listed below, click here.
State of Indiana Incentives |
- Economic Development for a Growing Economy Tax Credit
- Headquarters Relocation Tax Credit
- Hoosier Alternative Fuel Vehicle Manufacturer Tax Credit
- Hoosier Business Investment Tax Credit
- Industrial Development Grand Fund
- Industrial Recovery Tax Credit
- Motorsports Sales Tax Exemption
- Patent Income tax Exemption
- Research and Development Sales tax Exemption
- Research Expense Tax
- Skills Enhancement Fund
- Venture Capital Investment Tax Credit
- Workforce 2.1
Skills Enhancement Fund (SEF) - Workforce Training Grant
The Skills Enhancement Fund (SEF) provides assistance to businesses to support training and upgrading skills of employees required to support new capital investment. The grant may be provided to reimburse a portion (typically 50%) of eligible training costs over a period of two full calendar years from the commencement of the project.
Grants from the Skills Enhancement Fund must lead to post-secondary credentials, a nationally-recognized industry credential, or specialized company training for both new hires and existing workers, and an increase in wages for existing employees.
For additional information, click here.
Grants from the Skills Enhancement Fund must lead to post-secondary credentials, a nationally-recognized industry credential, or specialized company training for both new hires and existing workers, and an increase in wages for existing employees.
For additional information, click here.
Economic Development for a Growing Economy (EDGE) - Payroll Tax Credit
The Economic Development for a Growing Economy (EDGE) Tax Credit provides an incentive to businesses to support jobs creation, capital investment and to improve the standard of living for Indiana residents. The refundable corporate income tax credit is calculated as a percentage (not to exceed 100%) of the expected increased tax withholdings generated from new jobs creation. The credit certification is phased in annually for up to 10 years based upon the employment ramp-up outlined by the business.
For additional information, click here.
For additional information, click here.