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Muncie-Delaware County has two Community Revitalization Enhancement Districts(CReED) that provide some of the most lucrative and flexible incentive options in the State of Indiana.

Incentives

Muncie-Delaware County, Indiana offers incentives that are competitive with other metropolitan areas and states, and these incentives are flexible and apply to may different industry sectors and activities. The Muncie-Delaware County Economic Development Team facilitates a wide array of expansion and relocation incentives through state and local government agencies. Our staff is experienced in navigating the tax abatement and grants processes and has established working relationships with the appropriate professionals throughout the city, county and state.

Other Incentives at a Glance

  • Tax credits, tax abatement and training grants available
  • No inventory tax
  • Real and personal property tax abatement, up to 10 years
  • “EDGE” tax credits based on the number of new jobs created and wages
  • Hoosier Business Investment Tax Credit for up to 10% of eligible major new capital investment
  • 21st Century Fund with grants for commercializing innovative new technologies
  • Skills Enhancement Fund for reimbursement of up to 50% of eligible work force training costs
  • Headquarters Relocation Tax Credit for up to 50% of qualified relocation costs
  • Venture capital investment credit
  • Patent income tax exemptions
  • Biofuels production tax credits
  • Grants for insurance industry-related education
  • Community Revitalization Enhancement Districts (CReED)
  • Certified Technology Park
  • Training grants
  • Site assessment grants
  • Energy Savings Corporate Tax Credit
  • Renewable Energy Property Tax Exemption
  • Alternative Power & Energy Grant Program
     

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