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Kim-Vinson 
Kim Vinson
Business Development
 








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Mike Belschner 
Mike Belschner
Small Business Program Administrator
Indiana Small Business Development Center
 








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contact an iedc consultant

Kim-Vinson 
Kim Vinson
Business Development
 








Please select your industry:
Does your business experience barriers to growth?
Are you considering plans for expansion in the next two years?
Have you experienced challenges in attracting or retaining your current workforce?

 

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Industrial Dev Grant Fund
Industrial Development Grant Fund

Eligibility

Eligible Expenses

Eligible infrastructure expenses include:

  • Lease, purchase, construction or repair of real and personal public property
  • Preparation of surveys, plans and specifications for construction of publicly owned and operated facilities, utilities and services
  • Construction of airport facilities
  • Construction of tourist attractions
  • Construction, extension or completion of:
  1. Sewer lines and other drainage facilities
  2. Waterlines
  3. Roads and streets
  4. Sidewalks
  5. Rail spurs and sidings
  6. Fiber-optic and other IT infrastructure


Evaluation Criteria

Each project will be evaluated on its individual merits and with a cost-benefit analysis after it has met the basic requirements as follows:

  • Infrastructure cost is used to support new capital investment in Indiana
  • Infrastructure cost is used to support the retention or creation of full-time, permanent jobs for Indiana residents at the project location
  • Infrastructure cost is eligible, supports the purpose of the fund, and meets all requirements as set forth in I.C. 5-28-25
Eligibility for Payment

To receive payment for a portion of the actual costs of the Infrastructure Project, the Grantee must submit an invoice showing that the Infrastructure Project Milestone was fully reached.

Additional Materials