Financing and Incentive Programs
We know choosing the perfect location for your growing company is an important business decision. Investing in an IMPA member community grants you access to a diverse toolbox of state, local, and utility incentives that can lower your cost of doing business. From state-level grants to our own incentive programs, let us help you make a sound decision for your company.
Indiana Grants and Incentive Programs
- Economic Development for a Growing Economy Tax Credit (Read more)
- Headquarters Relocation Tax Credit (Read more)
- Hoosier Business Investment Tax Credit (Read more)
- Industrial Development Grant Fund (Read more)
- Research & Development Tax Credit (Read more)
- Skills Enhancement Fund (Read more)
Electric Incentives
Companies located within an IMPA member community benefit from some of the lowest industrial rates in the Midwest. To encourage the continued growth and success of businesses within IMPA’s service territory, IMPA offers an Economic Development Rider (EDR) program for eligible companies that meet certain criteria. The EDR program offers a discount on the wholesale portion of a qualifying company’s electric bill.
To qualify, a new or expanding business must meet the following minimum criteria:
- The site or building must be located within IMPA service territory
- The customer must invest a minimum of $1,000,000 in real and/or personal property
- The project must add a minimum of 1 MW of new load at one premise
Download an application for the Economic Development Rider and apply today.
Let Us Help Your Business Grow
We know choosing where to do business isn’t a quick or easy process, but you don’t have to do it alone. Our economic development experts are here to answer questions and help you find the best fit for your business.
Bryan Brackemyre
Vice President of Member Services
Phone: (317) 575-3879
Mobile: (317) 903-9721
bryanb@impa.com
Victoria Ross-Frost
Manager of Economic Development
Phone: (317) 573-9955
Mobile: (317) 260-7845
victoriar@impa.com