Indiana Economic Development Corporation (IEDC) & Elevate Ventures logo
Funder · State agency

Indiana Economic Development Corporation (IEDC) & Elevate Ventures

Helps Indiana Economic Development Corporation & Elevate Ventures to support practical collaboration across research and industry.

United Statesiedc.in.gov
Key stats
Annual funding—
Programs7
Active grants5
Total grants5
About

The Indiana Economic Development Corporation is Indiana's state economic development authority, and this also includes Elevate Ventures, its state-backed venture partner. Together they cover incentives, workforce support, loan participation, and startup equity for companies operating across all 92 counties.

IEDC's routes include discretionary tax credits and grants such as EDGE, Hoosier Business …

Programs & grants under this funder
Indiana 21st Century Research & Tech Fund SBIR Phase 0/I/II Match

Funds Indiana innovation matching grants for small-business partnerships across innovation pathways.

Elevate Ventures — Equity Investment Programs

Invests State-backed equity venture capital for Indiana-based high-growth startups Elevate Ventures sits inside the Indiana Economic Development Corporation and Elevate Ventures.

1 grant
Elevate Ventures — Equity Investment Programs
Open
— pool·Rolling submission
EDGE — Economic Development for a Growing Economy Tax Credit

Invests Refundable payroll tax credit for Indiana businesses creating net new jobs.

1 grant
EDGE Tax Credit — Discretionary
Open
— pool·Rolling submission
Hoosier Business Investment (HBI) Tax Credit

Invests Non-refundable capital investment tax credit for Indiana business expansions The Hoosier Business Investment Tax Credit sits inside the Indiana Economic.

1 grant
Hoosier Business Investment Tax Credit — Discretionary
Open
— pool·Rolling submission
Manufacturing Readiness Grants (Conexus Indiana / EASE)

Funds Indiana manufacturers adopting connected factory technologies, robotics, and advanced production equipment.

Skills Enhancement Fund (SEF)

Invests Workforce training reimbursement grant for Indiana businesses investing in capital projects.

1 grant
Skills Enhancement Fund (SEF) — Discretionary
Open
— pool·Rolling submission
SSBCI Legend Fund — Indiana Small Business Loan Participation

Invests IEDC loan participation program supporting Indiana small businesses via mission-driven lenders.

1 grant
SSBCI Legend Fund — Indiana Small Business Loan Participation
Open
$29M pool·Rolling submission
Last verified: 29 May 2026Source: iedc.in.gov