Research & Development Incentives
Indiana Economic Development Corporation's Research & Development Incentives program offers tax credits to businesses conducting scientific R&D to boost innovation and technology growth in Indiana.
Funder: Indiana Economic Development Corporation
Due Dates: Rolling (applications accepted year-round)
Funding Amounts: Tax credit value varies based on eligible R&D expenditures; no published cap; applied against Indiana state tax liability.
Summary: State tax incentives for businesses investing in R&D activities in Indiana to stimulate innovation and economic growth.
Description
The Indiana Economic Development Corporation's Research & Development Incentives program provides targeted tax credits to businesses that invest in qualifying research and development activities within Indiana. This initiative is part of Indiana’s broader economic development strategy to foster innovation, encourage investment in new technologies, and support the growth of high-value industries across the state. By reducing state tax liability for eligible R&D expenditures, the program aims to make Indiana an attractive environment for companies seeking to advance their research, processes, and products.
