STATE BUSINESS RANKINGS

-> #1   in the Midwest and #5 nationally. (Chief Executive Best & Worst States 2017)

-> #1   Regulatory Environment (Forbes 2017)

-> A+ rating for small business friendliness (Thumbtack 2017)


PRO-GROWTH BUSINESS CLIMATE

-> Affordable

  • Corporate tax cuts - 6.0% (4.9% by 2021)
  • Individual tax cuts - 3.23% (down from 3.4% in 2014)
  • No inventory or inheritance tax
  • $100=$110 in Indiana, according to The Bureau of Economic Analysis

-> Reducing Administrative Burdens

  • HEA 1157 - Reduce duplicate requirements to support small businesses 

-> Right-To-Work - 23rd nationally to enact a right-to-work law
 

CROSSROADS OF AMERICA

-> Next Level Roads: $1.2B/year in new funding by 2024 for transportation infrastructure

-> Increasing direct and international flights for airports statewide

 

So far in 2018, businesses have committed to creating 12,872 new Hoosier jobs and investing $2 billion in their Indiana operations in the coming years. Of these planned jobs, the average wage is $26.45/hour, which is nearly 23% higher than the state's average wage. 

In 2017, businesses committed to creating 30,158 new jobs with a total investment of $7.04 billion and an average wage of $27.20/hour.

 

EDUCATION & WORKFORCE

-> Next Level Jobs - Focuses on connecting Hoosiers to high-priority industries & high-demand jobs

-> Governor's Workforce Cabinet - Develop and align plans for workforce programming 

-> You Can. Go. Back. - Increase post-high school education to 60% by 2025

-> Regional Cities Initiative - Attract top talent by improving quality of place

INNOVATION & ENTREPRENEURSHIP

-> Next Level Fund - Cultivate and invest in Indiana's entrepreneurial ecosystem

-> Supporting Small Business

  • Indiana SBDC - 98 businesses starts and 297 jobs created so far in 2018
  • Indiana PTAC - $4.4M awarded in government contracts so far in 2018

 


 

 

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PDF icon Indiana Fact Sheet1.29 MB