The City of Noblesville strives to connect businesses with the resources they need to succeed. While information on local incentives and programs can be found in the Department of Economic Development's Incentives page, please follow the links below to find out more about the programs that the state offers in order to encourage economic growth in Indiana.
The fund encourages the process of diversifying the State's economy by developing and commercializing advanced technologies in Indiana, especially through the establishment of academic-sector/commercial-sector partnerships.
The Certified Technology Park Program facilitates the development of high-technology business in Indiana by allowing local governments to use certain state and local tax revenue for the development of the park.
Clean Energy
The Clean Energy incentive supports the development of renewable energy by offering a tax credit for eligible producers and distributors of biodiesel and ethanol.
Economic Development for a Growing Economy (EDGE)
The EDGE tax credit program establishes a tax credit in the form of a percentage of payroll tax withholding in order to reward businesses that create new Indiana jobs.
Hoosier Business Investment Tax Credit (HBITC)
The Hoosier Business Investment Tax Credit stimulates capital investment in Indiana by allowing a tax credit against a company's Indiana tax liability.
Industrial Development Grant Fund
The Industrial Development Grant Fund provides a matching grant to a local government or entity in order to help finance infrastructure that allows a new or existing business to expand, creating new jobs and capital investment in the State of Indiana.
The Industrial Recovery Tax Credit encourages the redevelopment of facilities that require significant investment by granting a tax credit equal to a percentage of certain rehabilitation costs.
International Trade Show Assistance Program
The International Trade Show Assistance Program provides funding to small businesses (500 employees or less) so they can participate in overseas and specified domestic trade shows.
SBIR/STTR Matching Program
In this program, the state matches federal Small Business Innovation Research grants as well as Small Business Technology Transfer grants up to $100,000.
Skills Enhancement Fund (SEF)
The Skills Enhancement Fund allows employers to develop the skills of their workforce by reimbursing eligible training expenses over a two year period.
Technology Enhancement Certification for Hoosiers (TECH)
Similar to SEF, the Technology Enhancement Certification for Hoosiers, reimburses businesses that provide information technology training for their employees.
Venture Capital Investment Tax Credit
The Venture Capital Investment Tax Credit encourages investment in up-and-coming Indiana businesses by offering a tax credit to investors who provide quality debt or equity capital to growing companies.
