Hoosier Business Investment Tax Credit (HBI)


To be eligible for the Hoosier Business Investment (HBI) Tax Credit:

  • Project will result in net new jobs that were not previously performed by employees of the applicant

  • Project is economically sound and will benefit the people of Indiana by increasing opportunities for employment and strengthening the economy of Indiana

  • Receiving the tax credit is a major factor in the applicant’s decision to go forward with the project and not receiving the tax credit will result in the applicant not creating new jobs in Indiana

  • Political subdivisions/municipalities affected by the project have offered significant incentives to the business


Eligible capital investment includes new machinery and building costs associated with the project as outlined by I.C. 6-3.1-26-8.


For more information, please download the HBI Facts.