State Incentives

The State of Indiana, through the Indiana Economic Development Corporation (IEDC), offers a variety of business incentive programs for companies creating new jobs and investment in Indiana.

Economic Development for a Growing Economy (EDGE) Tax Credit

The refundable corporate income tax credit 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.  Learn more...

Headquarters Relocation Tax Credit (HRTC)

A tax credit to corporations that relocate their headquarters to Indiana. The credit is assessed against the corporation’s state tax liability. The Small Headquarters Relocation Tax Credit (S-HQRTC) provides a refundable tax credit to a small, high-growth business that relocates its headquarters or the number of employees that equals 80% of the company’s total payroll to Indiana.  Learn more...

Hoosier Business Investment (HBI) Tax Credit


The non-refundable corporate income tax credits calculated as a percentage of the eligible capital investment to support the project. The credit may be certified annually, based on the phase-in of eligible capital investment, over a period of two full calendar years from the commencement of the project.  Learn more...

Skills Enhancement Fund (SEF)


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.  Learn more...

To learn more about other incentives, programs and initiatives offered by the State of Indiana, please go to the Indiana Economic Development Corporation (IEDC) web site