Incentives

Local Incentives

 

Tax Phase-In

Consideration of up to a ten (10) year phase-in of real and personal property taxes is available.

 

Tax Increment Financing

TIF will also be considered.

 

For additional information about local incentives and application processes, please contact Lincolnland Economic Development at 812-649-2119.

 

Other Local Advantages

Low unemployment insurance rates.

Low worker's compensation insurance premium rates.

Competative local utility rates.

Modest property taxes.

Competitive land pricing.

No wheel tax.

No inventory tax.

 

State Incentives

 

Employee Training Grants

Being implemented in Spencer County by WorkOne.

 

For Indiana State incentives, feel free to contact Indiana Economic Development Corporation at (800) 463-8081 or by email at iedc@iedc.in.gov.

 

Additional Information

For additional information regarding further incentives and their application please visit Ball State University Economic Development Toolbox.