Indiana

Indiana offers several programs to support job creation and workforce development for small businesses. Programs like the Indiana Economic Development Corporation (IEDC) Job Creation Tax Credit and Indiana Workforce Ready Grant provide essential financial incentives for businesses expanding their workforce and training employees in high-demand fields. These programs are designed to help Indiana businesses thrive while building a skilled workforce.

Indiana Economic Development Corporation (IEDC) Job Creation Tax Credit

• Purpose: Incentivizes businesses to create new jobs in Indiana by offering tax credits.
• Eligibility: Available to businesses creating at least 5 new full-time jobs and meeting wage and investment thresholds.
• Benefit: Tax credit based on the number of jobs created, up to 10% of wages paid to new employees, with a maximum of $10,000 per employee.
• Application process: Apply through the Indiana Economic Development Corporation (IEDC).
• More info: Visit the IEDC website for details on eligibility and application requirements.

Indiana grants for small businesses

For Indiana grants for small businesses, the IEDC Job Creation Tax Credit provides a substantial incentive for job creation, helping businesses offset costs when expanding their workforce in Indiana.

Other relevant programs in Indiana

• Indiana Workforce Ready Grant: Provides up to $5,000 per individual to cover tuition costs for training programs in high-demand fields. Applications are processed through the Indiana Commission for Higher Education or local workforce boards.
• Skill UP Indiana!: Supports training initiatives to improve workforce skills by offering grants for training programs and potential wage reimbursements. Employers can apply through local workforce development boards or the IEDC.
• Indiana Small Business Development Center (ISBDC) Services: Offers free consulting, training programs, and resources for hiring and employee management, available through local ISBDC offices across Indiana.

Helpful resources for small businesses in Indiana

• Indiana Small Business Development Center (ISBDC)
  Offers free business consulting and low-cost training services.
• Indiana Economic Development Corporation (IEDC)
  The state's lead economic development agency.
• Indiana Department of Workforce Development
  Provides resources for businesses, including training programs.
• Indiana Department of Revenue
  Information on tax credits and incentives for businesses.
• U.S. Small Business Administration - Indiana District Office
  Federal resources and programs available in Indiana.
• Indiana Small Business Guide
  Comprehensive resource for starting and operating a business in Indiana.
• Indiana Procurement Technical Assistance Center (PTAC)
  Helps businesses compete for government contracts.
• Next Level Jobs Indiana
  Workforce training grants for employers.
• Indiana Chamber of Commerce
  Offers resources and networking opportunities for businesses.
• Elevate Ventures
  Provides capital and resources to Indiana startups and small businesses.