Indianapolis Means Growth
In a nutshell, the business climate in Indy can be described as friendly to business, hostile to red tape, and alive with opportunity.  One of the great things about doing business in Indianapolis is the reasonable price you pay for electricity.  IPL has some of the lowest business and residential rates in the country.  In fact, of the 20 largest U.S. cities with investor-owned utilities our residential rates are the lowest!

Indianapolis supports its corporate community with an incredibly competitive business environment.  Local companies enjoy lower workers' compensation rates than the national average, making it more cost effective to do business here.  To give your company that winning edge, Indianapolis also offers incentives like EDGE tax credits, tax abatement and training grants.  Indiana has made aggressive changes to our tax structure by eliminating the gross income tax and inventory tax, enacting a 20% venture capital investment credit as well as increasing the research and development tax credit to 10% - one of the highest in the nation!  IPL's Economic Development experienced team of professionals can help you navigate through the myriad of programs available and maximize benefits for your needs.

Business-Friendly Climate - Government & Community Partnership
Indianapolis is home to a broad range of companies in terms of both size and scope.  Many of the city's accomplishments, such as Conseco Fieldhouse (home court for the Pacers), Circle Centre Mall (award-winning downtown mall) and soon-to-be-completed Indiana Stadium (future home of the Indianapolis Colts), were the result of partnerships between the private and public sectors.

Fast Track to Success
Companies get a quick start when establishing a new operation in Indianapolis.  Businesses spend less than 60 days to launch a new endeavour due to a business-friendly philosophy and one-stop permitting assistance.  Our real estate availability lets you stay on the fast track with a wide selection of available land and existing office and industrial parks.

Low Business Costs
Highly competitive operating costs combined with an available, dedicated workforce make Indianapolis a desirable business location and one of the nation's most affordable cities.  Local and state incentive programs for new businesses complete the package of benefits.  Office, industrial, and green space lease rates in Indianapolis are the lowest in the nation for a market of comparable size.