Business Incentives Overview

The LaGrange County Economic Development Corporation and the State of Indiana are very proactive when it comes to incentives to encourage new business expansions, business attraction projects, and entrepreneurialism.  LaGrange County and its communities have been very proactive in utilizing TIF (tax-increment financing) districts to help improve industrial areas, and will consider the use of other incentives such as tax abatements and bonding.  Additionally, the LaGrange County Economic Development Corporation has created the LaGrange County Investment Fund which was created to help assist with relocation and attraction efforts. 
 
Below, you will find a list of some of our regional partners that can also assist with incentives and other business assistance:

Regional Resources  
 
Community Development Corporation
The Community Development Corporation of Northeast Indiana (CDC) is a City of Fort Wayne sponsored 501 c (6) not for profit business development organization. Our primary objective is to promote the growth and development of small commercial and industrial for profit businesses in Indiana through creative loan programs.

Indiana Small Business Development Corporation
The purpose of the Northeast Indiana SBDC is to enhance economic development in northeast Indiana by assisting new and existing small business. The SBDC is funded in part through a cooperative agreement with the U.S. Small Business Administration, the State of Indiana, and many local partners, including the City of Fort Wayne and Indiana University-Purdue University Fort Wayne (IPFW).
 
WorkOne Northeast
WorkOne connects with various state and federal agencies offer grants and incentives to businesses to help train workers. WorkOne can also assist with hiring a skilled workforce for companies that are expanding operations.
 
The Indiana Economic Development Corporation (IEDC) is the State of Indiana's lead economic development agency. The IEDC was officially established in February 2005 to replace the former Department of Commerce. In order to respond quickly to the needs of businesses, the IEDC operates like a business.  The IEDC focuses its efforts on growing and retaining businesses in Indiana and attracting new business to the State of Indiana. The IEDC is focused exclusively on economic development and has incorporated all state entities with economic development responsibilities into its organizational structure.
  
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