Back to Grants
IN
Hoosier Business Investment Tax Credit
Provides Indiana tax credits for eligible capital investment and job creation projects.
About this program
The Hoosier Business Investment Tax Credit incentivizes businesses to create jobs and make qualified capital investments in Indiana. Credits are calculated as a percentage of eligible capital investment such as new machinery and building costs, and may be certified annually based on the phase-in of eligible investment over two full calendar years from project commencement.
Eligibility
Eligible applicants are businesses undertaking Indiana projects that create net new jobs, make qualified capital investment, and need the credit as a major factor in moving forward.
Requirements
- Project must result in net new jobs that were not previously performed by employees of the applicant.
- Project must be economically sound and benefit Indiana by increasing employment opportunities and strengthening the state economy.
- Receiving the credit must be a major factor in the applicant's decision to proceed.