{"id":941,"date":"2025-08-07T15:13:23","date_gmt":"2025-08-07T19:13:23","guid":{"rendered":"https:\/\/muncie.flywheelsites.com\/?page_id=941"},"modified":"2025-08-19T14:43:59","modified_gmt":"2025-08-19T18:43:59","slug":"incentives","status":"publish","type":"page","link":"https:\/\/muncie.com\/incentives\/","title":{"rendered":"Incentives &amp; Tax Credits"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"941\" class=\"elementor elementor-941\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-492d10a3 e-flex e-con-boxed e-con e-parent\" data-id=\"492d10a3\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-497ea6a2 elementor-widget elementor-widget-heading\" data-id=\"497ea6a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Incentives &amp; Tax Credits<\/h1>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-56ace493 e-flex e-con-boxed e-con e-parent\" data-id=\"56ace493\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-5e5d8ece e-con-full e-flex e-con e-child\" data-id=\"5e5d8ece\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2bf2f28b elementor-widget elementor-widget-heading\" data-id=\"2bf2f28b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Find Support for Your Business<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ac74f1 elementor-widget elementor-widget-text-editor\" data-id=\"2ac74f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Muncie-Delaware County is a strong site selection choice for a variety of reasons including labor, land availability, and transportation.\u00a0Our team is able to assist companies in identifying and applying for incentive programs for your business needs.<\/p><p>EDA encourages any interested business to contact our team to explore a customized incentive package.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-657c6d82 elementor-widget elementor-widget-button\" data-id=\"657c6d82\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/muncie.com\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-209b5c41 e-con-full e-flex e-con e-child\" data-id=\"209b5c41\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-81aae20 elementor-widget elementor-widget-image\" data-id=\"81aae20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img alt=\"\" fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"524\" src=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/07\/shovels-1024x671.png\" class=\"attachment-large size-large wp-image-273\" alt=\"\" srcset=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/07\/shovels-1024x671.png 1024w, https:\/\/muncie.com\/wp-content\/uploads\/2025\/07\/shovels-300x196.png 300w, https:\/\/muncie.com\/wp-content\/uploads\/2025\/07\/shovels-768x503.png 768w, https:\/\/muncie.com\/wp-content\/uploads\/2025\/07\/shovels-1536x1006.png 1536w, https:\/\/muncie.com\/wp-content\/uploads\/2025\/07\/shovels.png 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-979fe48 e-flex e-con-boxed e-con e-parent\" data-id=\"979fe48\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-73fbd26 e-con-full e-flex e-con e-child\" data-id=\"73fbd26\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a9681f6 elementor-widget elementor-widget-wpgb-facet\" data-id=\"a9681f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpgb-facet.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpgb-facet wpgb-loading wpgb-facet-1 wpgb-style-1\" data-facet=\"1\" data-grid=\"1\">\t<fieldset>\n\t\t<legend class=\"wpgb-facet-title wpgb-sr-only\">Incentives Filter<\/legend>\n\t\t<div class=\"wpgb-button-facet\"><ul class=\"wpgb-inline-list\"><li><div class=\"wpgb-button\" role=\"button\" aria-pressed=\"true\" tabindex=\"0\"><input type=\"hidden\" name=\"incentives_filter\" value=\"\"><span class=\"wpgb-button-label\">All<\/span><\/div><\/li><li><div class=\"wpgb-button\" role=\"button\" aria-pressed=\"false\" tabindex=\"0\"><input type=\"hidden\" name=\"incentives_filter\" value=\"state\"><span class=\"wpgb-button-label\">State<\/span><\/div><\/li><li><div class=\"wpgb-button\" role=\"button\" aria-pressed=\"false\" tabindex=\"0\"><input type=\"hidden\" name=\"incentives_filter\" value=\"local\"><span class=\"wpgb-button-label\">Local<\/span><\/div><\/li><li><div class=\"wpgb-button\" role=\"button\" aria-pressed=\"false\" tabindex=\"0\"><input type=\"hidden\" name=\"incentives_filter\" value=\"federal\"><span class=\"wpgb-button-label\">Federal<\/span><\/div><\/li><\/ul><\/div>\t<\/fieldset>\n\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f33f536 elementor-widget elementor-widget-wpgb-facet\" data-id=\"f33f536\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpgb-facet.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpgb-facet wpgb-loading wpgb-facet-2 wpgb-style-1\" data-facet=\"2\" data-grid=\"1\">\t<fieldset>\n\t\t<legend class=\"wpgb-facet-title wpgb-sr-only\">Incentives Search<\/legend>\n\t\t<div class=\"wpgb-search-facet\"><label>\n\t\t\t\t<span class=\"wpgb-sr-only\">Search content<\/span>\n\t\t\t\t<input class=\"wpgb-input\" type=\"search\" name=\"incentives_search\" placeholder=\"\" value=\"\" autocomplete=\"off\">\n\t\t\t\t<svg class=\"wpgb-input-icon\" viewBox=\"0 0 24 24\" height=\"16\" width=\"16\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M17.5 17.5 23 23Zm-16-7a9 9 0 1 1 9 9 9 9 0 0 1-9-9Z\"\/><\/svg>\n\t\t\t<\/label><button type=\"button\" class=\"wpgb-clear-button\" hidden><span class=\"wpgb-sr-only\">Clear<\/span><svg viewBox=\"0 0 24 24\" height=\"24\" width=\"24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"m12 12-4.25 4.75L12.001 12 7.75 7.25 12.001 12l4.249-4.75L12 12l4.25 4.75Z\"\/><\/svg><\/button><\/div>\t<\/fieldset>\n\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f117e12 elementor-widget elementor-widget-wpgb-grid\" data-id=\"f117e12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpgb-grid.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<!-- Gridbuilder \u1d42\u1d3e 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dot %d&quot;,&quot;isPreview&quot;:false,&quot;isGutenberg&quot;:false,&quot;rightToLeft&quot;:false}\"><div class=\"wpgb-svg-icons\" hidden>\n\t<svg viewBox=\"0 0 120 24\" width=\"0\" height=\"0\">\n\t<defs>\n        <polygon id=\"wpgb-star-svg\" points=\"12 2.5 15.1 8.8 22 9.8 17 14.6 18.2 21.5 12 18.3 5.8 21.5 7 14.6 2 9.8 8.9 8.8\"><\/polygon>\n    <\/defs>\n    <symbol id=\"wpgb-rating-stars-svg\">\n        <use xlink:href=\"#wpgb-star-svg\"><\/use>\n        <use xlink:href=\"#wpgb-star-svg\" x=\"24\"><\/use>\n        <use xlink:href=\"#wpgb-star-svg\" x=\"48\"><\/use>\n        <use xlink:href=\"#wpgb-star-svg\" x=\"72\"><\/use>\n        <use xlink:href=\"#wpgb-star-svg\" x=\"96\"><\/use>\n    <\/symbol>\n<\/svg>\n<\/div>\n<div class=\"wpgb-wrapper\">\n\t<div class=\"wpgb-main\">\n\t<div class=\"wpgb-layout\">\n\t<div class=\"wpgb-viewport\">\n\t\t<div class=\"wpgb-masonry\">\n\t\t\t<article class=\"wpgb-card wpgb-card-2 wpgb-post-1468\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Community Revitalization Enhancement District Tax Credit (CRED)<\/h2><div class=\"wpgb-block-7\"><p><strong>Invest in community growth<\/strong><\/p>\n<p>For investment in community revitalization enhancement districts (Indiana Code 36-7-13). The credit amount is equal to the amount of qualified investment made by the taxpayer during the taxable year multiplied by 25%. The credit may be passed through (see Indiana Code 6-3.1-19-13). The credit is applied against the taxpayer\u2019s state or local tax liability and may be carried forward to the immediately following taxable years. An application must be approved before an investment is made.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Community-Revitalization-Enhancement-District-CRED-Tax-Credit-Application.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1476\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Data Center Gross Retail and Use Tax Exemption<\/h2><div class=\"wpgb-block-7\"><p><strong>Tax savings for data centers<\/strong><\/p>\n<p>A sales and use tax exemption on purchases of qualifying data center equipment and energy to operators of a qualified data center for a period not to exceed 25 years for data center investments of less than $750 million. If the investment exceeds $750 million, the IEDC may award an exemption for up to 50 years. This program is established by Indiana Code \u00a7 6-2.5-15. Local governments may also provide a personal property tax exemption on qualified enterprise information technology equipment to owners of a data center who invest at least $25 million in real and personal property in the facility.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Data-Center-Sales-Tax-Exemption-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1477\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Economic Development for a Growing Economy (EDGE) &#8211; Payroll Tax Credit<\/h2><div class=\"wpgb-block-7\"><p><strong>Incentive for job creation and quality of life investments<\/strong><\/p>\n<p>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 20 years based upon the employment ramp-up outlined by the business.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Economic-Development-for-a-Growing-Economy-EDGE-Tax-Credit-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1290\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"25\">Local<\/span><\/div><h2 class=\"wpgb-block-6\">EDIT Grants<\/h2><div class=\"wpgb-block-7\"><p><strong>Local funding for qualifying business projects<\/strong><\/p>\n<p>Funds may be made available through revenue generated from the City and County\u2019s Economic \u00a0Development Income Tax. These funds are committed at the discretion of the Mayor and Board of County Commissioners.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1287\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"25\">Local<\/span><\/div><h2 class=\"wpgb-block-6\">Executive Relocation Assistance Program<\/h2><div class=\"wpgb-block-7\"><p><strong>Support for relocating key staff and executives<\/strong><\/p>\n<p>Moving into a community can be difficult, but moving a number of staff members and making sure they become well-acclimated to the community can be an added challenge. To alleviate this issue, the Economic Development Alliance (EDA) has developed the Executive Relocation Assistance Program as an important component of our community and company partnership. Services can be customized to the needs of the company or transferring executives, but the program generally includes a community presentation, mentor program, temporary housing, access to professional service, school orientation, residential housing incentive, and access to health care.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1276\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"25\">Local<\/span><\/div><h2 class=\"wpgb-block-6\">Free\/Discounted Land<\/h2><div class=\"wpgb-block-7\"><p><strong>Lower your startup costs with land incentives<\/strong><\/p>\n<p>The community is willing to consider land grants or discounted land prices as part of an overall incentive package.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1479\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Headquarters Relocation Tax Credit (HRTC)<\/h2><div class=\"wpgb-block-7\"><p><strong>Move your HQ to Indiana<\/strong><\/p>\n<p>A tax credit to corporations that relocate their headquarters to Indiana. The credit is assessed against the corporation\u2019s state tax liability. The Headquarters Relocation Tax Credit is established by I.C. 6-3.1-30. 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\u2019s total payroll to Indiana. The credit is assessed against the corporation\u2019s state tax liability. The S-HQRTC is established by Indiana Code \u00a7 6-3.1-30.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Headquarters-Relocation-Tax-Credit-HQRTC-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1480\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Hoosier Business Investment Tax Credit (HBI)<\/h2><div class=\"wpgb-block-7\"><p><strong>Boost capital investment<\/strong><\/p>\n<p>Incentive to businesses to support job creation, capital investment and to improve the standard of living for Indiana residents. The non-refundable corporate income tax credits are 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.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Hoosier-Business-Investment-HBI-Tax-Credit-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1478\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Indiana Film and Media Tax Credit<\/h2><div class=\"wpgb-block-7\"><p><strong>Support for film &amp; media projects<\/strong><\/p>\n<p>Established in the 2022 legislative session by Senate Enrolled Act 361, this offers an income tax credit of up to 30% to help offset certain production expenses, such as acquisitions, filming and sound, labor, and story rights. Some basic qualifications for media production seeking a tax credit: Minimum project budget of $300,000, tax liability in the state of Indiana and distribution plan. A non-transferable, non-refundable tax credit available on an application basis and is evaluated by the Indiana Economic Development Corp.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Indiana-Film-Quals_05.2024.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1557\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Industrial Development Grant Fund<\/h2><div class=\"wpgb-block-7\"><h4><strong>Assistance with off-site infrastructure improvements<\/strong><\/h4>\n<p><span class=\"NormalTextRun SCXW147397206 BCX0\">The Industrial Development Grant Fund provides assistance to<\/span><span class=\"NormalTextRun SCXW147397206 BCX0\"> municipalities and other eligible entities as defined under I.C. 5-28-25-1 with off-site infrastructure improvements needed to serve the proposed project site. Upon review and approval of the Local Recipient\u2019s application, project specific Milestones <\/span><span class=\"NormalTextRun SCXW147397206 BCX0\">are <\/span><span class=\"NormalTextRun SCXW147397206 BCX0\">established<\/span><span class=\"NormalTextRun SCXW147397206 BCX0\"> for completing the improvements. IDGF will reimburse a <\/span><span class=\"NormalTextRun SCXW147397206 BCX0\">portion<\/span><span class=\"NormalTextRun SCXW147397206 BCX0\"> of the actual total cost of the infrastructure improvements. The <\/span><span class=\"NormalTextRun SCXW147397206 BCX0\">assistance<\/span><span class=\"NormalTextRun SCXW147397206 BCX0\"> will <\/span><span class=\"NormalTextRun SCXW147397206 BCX0\">be paid<\/span><span class=\"NormalTextRun SCXW147397206 BCX0\"> as each Milestone <\/span><span class=\"NormalTextRun SCXW147397206 BCX0\">is achieved<\/span><span class=\"NormalTextRun SCXW147397206 BCX0\">, with final payment upon completion of the last Milestone of the infrastructure project.<\/span><\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Industrial-Development-Grant-Fund-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1289\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"25\">Local<\/span><\/div><h2 class=\"wpgb-block-6\">Job Fairs<\/h2><div class=\"wpgb-block-7\"><p><strong>Find the talent you need<\/strong><\/p>\n<p>The Alliance will host customized job fairs in partnership with the local workforce development office to help meet the hiring needs of a company. Fairs include pre-screening stations, interview booths, and computer workstations.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1481\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Manufacturing Readiness Grants<\/h2><div class=\"wpgb-block-7\"><p><strong>Upgrade to smart manufacturing technologies<\/strong><\/p>\n<p>These grants have helped manufacturers make innovative capital investments in smart manufacturing within their Indiana operations\u2014leveraging technologies from advanced communications to cobots to the Industrial Internet of Things (IIoT) and beyond. Applications must be for a manufacturer planning to make capital investment in the form of smart manufacturing technologies within their Indiana operation. While there is no size limitation for applicants, small- and medium-sized manufacturers (&lt;500 employees) are heavily favored. The degree to which an applicant is a manufacturer (manufacturing intensity) and relationship to Indiana are also significant considerations.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/www.conexusindiana.com\/drive-industry-success\/manufacturing-readiness-grants-technology-adoption\/\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1291\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"27\">Federal<\/span><\/div><h2 class=\"wpgb-block-6\">Opportunity Zones<\/h2><div class=\"wpgb-block-7\"><p><strong>Tax benefits for investing in underserved communities<\/strong><\/p>\n<p>Opportunity Zones are economically distressed communities, defined by individual census tact, nominated by America\u2019s governors, and certified by the U.S. Secretary of Treasury via their delegation of that authority to the Internal Revenue Service. Under certain conditions, new investments in Opportunity Zones may be eligible for preferential tax treatment. There are 8,764 Opportunity Zones in the United States, many of which have experienced a lack of investment for decades. The Opportunity Zones initiative is not a top-down government program from Washington, but an incentive to spur private and public investment in America\u2019s underserved communities.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1482\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Patent Income Tax Exemption<\/h2><div class=\"wpgb-block-7\"><p><strong>Tax relief for utility &amp; plant patent income<\/strong><\/p>\n<p>Certain income derived from qualified patents and earned by a taxpayer are exempt from taxation. The Tax Exemption for Patent-derived Income defines qualified patents to include only utility patents and plant patents. The total amount of exemptions claimed by a taxpayer in a taxable year may not exceed $5 million. The exemption provides that a taxpayer may not claim an exemption for income derived from a particular patent for more than 10 taxable years. The exemption percentage begins at 50 percent of income derived from a qualified patent for each of the first five taxable years and decreases over the next five taxable years to 10 percent in the 10th taxable year.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Patent-Income-Tax-Exemption-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1286\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"25\">Local<\/span><\/div><h2 class=\"wpgb-block-6\">Permitting Assistance<\/h2><div class=\"wpgb-block-7\"><p><strong>Get expert help navigating permits and approvals<\/strong><\/p>\n<p>Knowledgeable staff helps new businesses identify and secure the permits needed for their project. Staff will schedule pre-application meetings between businesses and the appropriate regulatory agencies to help streamline the permitting process. Local permit fees may be waived as a part of an overall incentive package.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1483\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Redevelopment Tax Credit (RTC)<\/h2><div class=\"wpgb-block-7\"><p><strong>Revitalize vacant properties<\/strong><\/p>\n<p>An incentive for investment in the redevelopment of vacant and underutilized land and buildings as well as brownfields. This credit, established by Indiana Code \u00a7 6-3.1-34, provides companies and developers an assignable income tax credit for investing in the redevelopment of communities, improving quality of place and building capacity at the local level. Any credit award over $20 million must include a requirement that a portion of the credit be repaid by the company or developer; however, if the investment is at least $100 million, the IEDC may exclude a repayment provision.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Redevelopment-Tax-Credit.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1484\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Research &#038; Development Incentives<\/h2><div class=\"wpgb-block-7\"><p><strong>Encourage innovation &amp; R&amp;D<\/strong><\/p>\n<p>The state of Indiana offers two tax incentives targeted at encouraging investments in research and development. Taxpayers may receive a credit against their Indiana state income tax liability calculated as a percentage of qualified research expenses. In addition, taxpayers may be refunded sales tax paid on purchases of qualified research and development equipment. The Indiana Department of Revenue oversees these incentive programs.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Research-and-Development-Tax-Credit-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1485\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Skills Enhancement Fund (SEF) &#8211; Workforce Training Grant<\/h2><div class=\"wpgb-block-7\"><p><strong>Employee training support<\/strong><\/p>\n<p>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 this 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.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Skills-Enhancement-Fund-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1285\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"25\">Local<\/span><\/div><h2 class=\"wpgb-block-6\">Tax Abatement<\/h2><div class=\"wpgb-block-7\"><p><strong>Reduce taxes on equipment and property improvements<\/strong><\/p>\n<p>Tax abatements are currently available for both manufacturing equipment (5 or 10 years), for improvements to real estate (3, 6, or 10 years), and information technology and logistical equipment. A recent change in the law allows for a community to offer twenty-year tax abatement on personal property for machinery and equipment.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1284\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"25\">Local<\/span><\/div><h2 class=\"wpgb-block-6\">Tax Increment Finance<\/h2><div class=\"wpgb-block-7\"><p><strong>Use future tax revenue to fund your project<\/strong><\/p>\n<p>New property taxes generated from new construction can be leveraged by the issuance of TIF bonds to incentivize the project.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1288\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"25\">Local<\/span><\/div><h2 class=\"wpgb-block-6\">Temporary Office Space<\/h2><div class=\"wpgb-block-7\"><p><strong>Free office space while you get started<\/strong><\/p>\n<p>Temporary office space may be made available at no charge in the Muncie Innovation Connector, the community\u2019s modern, high-tech business incubator.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><\/div><\/div><\/div><\/div><\/article><article class=\"wpgb-card wpgb-card-2 wpgb-post-1486\" data-col=\"1\" data-row=\"1\" data-format=\"standard\"><div class=\"wpgb-card-wrapper\"><div class=\"wpgb-card-inner fixed-aspect-card\"><div class=\"wpgb-card-content wpgb-expandable-card wpgb-scheme-dark\"><div class=\"wpgb-card-body wpgb-expandable-content-area\"><div class=\"wpgb-block-5\"><span class=\"wpgb-block-term\" data-id=\"26\">State<\/span><\/div><h2 class=\"wpgb-block-6\">Venture Capital Investment Tax Credit (VCI)<\/h2><div class=\"wpgb-block-7\"><p><strong>Incentive for startup investments<\/strong><\/p>\n<p>Improves access to capital for fast growing Indiana companies by providing individual and corporate investors an additional incentive to invest in early-stage firms and qualified investment funds. Investors who provide qualified debt or equity capital to qualified Indiana businesses or qualified investment funds may receive a credit against their Indiana tax liability.<\/p><\/div><\/div><div class=\"wpgb-card-footer\"><div class=\"wpgb-block-1\"><a href=\"#\" class=\"wpgb-read-more-trigger\"><\/a><\/div><a class=\"wpgb-block-2\" target=\"_blank\" rel=\"external noopener noreferrer\" href=\"https:\/\/muncie.com\/wp-content\/uploads\/2025\/08\/Venture-Capital-Investment-Tax-Credit-VCI-Facts.pdf\">Learn More<\/a><\/div><\/div><\/div><\/div><\/article>\t\t<\/div>\n\t<\/div>\n\t<\/div>\n\t<\/div>\n\t\t<\/div>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Muncie-Delaware County is a strong site selection choice for a variety of reasons including labor, land availability, and transportation.\u00a0Our team is able to assist companies in identifying and applying for incentive programs for your business needs.<\/p>\n","protected":false},"author":7,"featured_media":273,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"class_list":["post-941","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/pages\/941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/comments?post=941"}],"version-history":[{"count":5,"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/pages\/941\/revisions"}],"predecessor-version":[{"id":1524,"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/pages\/941\/revisions\/1524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/media\/273"}],"wp:attachment":[{"href":"https:\/\/muncie.com\/wp-json\/wp\/v2\/media?parent=941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}