INCENTIVES THAT MOVE YOUR BUSINESS FORWARD
From Big Ideas to Breaking Ground, We Help Make it Possible
Indianapolis is built for growth and so are our incentives.
At Indy Economic Development, we work directly with business leaders, developers, and site selectors to unlock a powerful mix of local, state, and federal tools that turn high-impact projects into reality. Whether you’re launching, expanding, or relocating, our team makes navigating incentives easy, strategic, and fast.
LOCAL INCENTIVES
Designed to reward investment, boost competitiveness, and keep your project moving.
REAL PROPERTY TAX ABATEMENT
Reduce the cost of new construction, renovation, or expansion projects with phased-in tax savings on increased property value. Terms typically range from 3–10 years and are based on location, job creation, and alignment with city goals.
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PERSONAL PROPERTY TAX ABATEMENT
Investing in new manufacturing or tech equipment? You may qualify for a personal property tax abatement, phasing in taxes over time, typically 3-10 years period so you can reinvest in your workforce, operations, or innovation.
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TAX INCREMENT FINANCING (TIF)
Investing in new manufacturing or tech equipment? You may qualify for a personal property tax abatement, phasing in taxes over time so you can reinvest in your workforce, operations, or innovation.
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AFFORDABLE HOUSING INCENTIVES
For developers building quality housing at accessible price points, Indianapolis offers a structured Affordable Housing Pipeline process. Projects may be eligible for PILOT agreements, abatements, or gap financing.
STATE INCENTIVES
Unlock statewide support through our partnership with the Indiana Economic Development Corporation (IEDC)
Visit the IEDC website to learn more about State Incentives
EDGE TAX CREDITS (ECONOMIC DEVELOPMENT FOR A GROWING ECONOMY)
Payroll tax credit tied to net new job creation.
HOOSIER BUSINESS INVESTMENT (HBI) TAX CREDIT
Encourages capital investment in Indiana-based operations.
SKILLS ENHANCEMENT FUND (SEF)
Reimbursements for workforce training.
INDUSTRIAL RECOVERY TAX CREDIT (DINO)
Supports the redevelopment of older industrial buildings.
NEXT LEVEL JOBS & EMPLOYER TRAINING GRANTS
Supports hiring and training Indiana workers in high-demand industries.
REDEVELOPMENT TAX CREDITS
For transformational mixed-use projects on underutilized sites.
LET’S BUILD WHAT’S NEXT
You bring the vision. We’ll bring the roadmap.
We cut through complexity to get you to “yes.” From your first outreach, our team gets to work assessing your project, identifying the right incentives, and aligning the partners who can bring it to life. Whether it’s real estate, workforce, or innovation, we’ll help you find your edge in Indy.
Start by completing our short Intake Form, the first step in crafting a tailored incentive strategy. Or, reach out directly through our contact form to start the conversation.