Hoosier Business Investment Tax Credit — Discretionary
Funds capital tax credits in Indiana for enterprise expansion and manufacturing strengthening in priority growth sectors.
The Hoosier Business Investment (HBI) Tax Credit is a non-refundable corporate income tax credit intended to support job creation, capital investment and improved living standards in Indiana. It is calculated as a percentage of eligible capital investment supporting the project.
The credit may be certified annually as eligible investment is phased in over two full calendar years from project comm…
Non-refundable corporate income tax credits calculated as a percentage of eligible capital investment for Indiana projects, with annual certification over two calendar years.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Sign up free to see how to apply
Guides for this application
All guides →Grants for Robotics Startups: SBIR, Defense, NSF, and Pilot Funding
A practical guide to grants for robotics startups, including SBIR/STTR, NSF, DoD, NASA, field validation, TRL, pilot evidence, budgets, and commercialization strategy.
Find grantsGrants for Small Business Startup: Eligibility Checklist
Check whether your deeptech company is eligible for grants for small business startup funding, including SBIR/STTR, EIC Accelerator, and Innovate UK support.
DocumentsGrant Checklist: Application Documents, Forms, and Examples
Use this grant checklist to see the documents, forms, narratives, budgets, evidence, and compliance attachments a grant application may require.
More from IEDC / Elevate Ventures
All grants from this funder →EDGE Tax Credit — Discretionary
🇺🇸IEDC / Elevate Ventures · United States
Funds refundable payroll tax relief in Indiana for companies expanding with new jobs and workforce growth.
Elevate Ventures — Equity Investment Programs
🇺🇸IEDC / Elevate Ventures · United States
Funds Indiana high-growth technology startups through state-backed equity across pre-seed, seed, and growth rounds.
Skills Enhancement Fund (SEF) — Discretionary
🇺🇸IEDC / Elevate Ventures · United States
Funds workforce training reimbursements for Indiana employers that expand capital projects and hire new staff.
SSBCI Legend Fund — Indiana Small Business Loan Participation
🇺🇸IEDC / Elevate Ventures · United States
Invests in Indiana small businesses through loan participation pathways with mission-oriented lenders.
Similar grants
Browse the directory →
SC R&D Tax Credit
🇺🇸SC DOR · United States
Provides South Carolina companies with support for research expenses through state innovation tax treatment.
R&D Tax Credit — Income Tax Credit (Section 41) — TY2025 / Filed
🇺🇸IRS · United States
Supports established United States companies with income tax credits tied to qualified innovation spending.
Texas R&D Franchise Tax Credit
🇺🇸Texas Comptroller · United States
Supports Texas companies through a state tax credit for eligible innovation spending to reduce commercialization costs.
SC Job Tax Credit (New Jobs)
🇺🇸SC DOR · United States
Supports South Carolina employers by reducing cost pressure for each new full-time role they create.
Georgia Employer's Jobs Tax Credit
🇺🇸GA DOR · United States
Offers a United States Georgia employment credit rewarding qualifying jobs in eligible sectors with county-based incentive levels.
Georgia Research Tax Credit
🇺🇸GA DOR · United States
Provides Georgia businesses with tax-credit support for innovation-focused spending and growth.