Indiana Economic Development Corporation (IEDC) & Elevate Ventures logo
Program

EDGE — Economic Development for a Growing Economy Tax Credit

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

EDGE, the Economic Development for a Growing Economy Tax Credit, is Indiana's refundable payroll tax credit for businesses that create net new jobs. It sits with the Indiana Economic Development Corporation and Elevate Ventures rather than functioning like a competitive grant programme. The credit is calculated as a percentage of expected increased tax withholdings generated by new jobs, and certification can phase in annually for as long as 20 years as the hiring plan ramps up. Companies pursue it through direct discussions with IEDC and applications move through PIMS, so the route is discretionary and negotiated rather than open on a recurring deadline. The best fit is a company planning real employment growth and capital investment in Indiana. Because the programme is tied to payroll expansion, it works best when the business can document a credible hiring schedule and a project that the state sees as material to local economic development.

HardwareIoT & EdgeAdvanced ManufacturingRobotics

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 29 May 2026Source: iedc.in.gov