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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Tax credits

Indiana Venture Capital Investment (VCI) Tax Credit

Status

Status not published

This funder does not publish a call calendar. Check their page before planning around it.

Open now
Amount
$1,500,000

Investors receive 25% of qualified investment capital (maximum $1 million lifetime per business), rising to 30% (maximum $1.5 million) for certified women- or minority-owned businesses. Investment funds receive 20% (maximum $5 million annually, $7.5 million total annual cap). The maximum annual amount of tax credits that may be awarded is $20,000,000.

Funder

Indiana Economic Development Corporation (IEDC)

public · regional

Deadline: Open all year

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
moderate

Moderate — a form and supporting documents.

Who can apply

The business must be certified as a Qualified Indiana Business by IEDC. From 1 July 2026 this includes retail businesses selling unique patented products they developed. Investors with an existing majority ownership stake are generally ineligible; those acquiring majority ownership receive credit only on investments up to 50% ownership. The credit is transferable in some circumstances.

How to apply

  1. Establish an Access Indiana account
  2. The business obtains Qualified Indiana Business (QIB) certification from IEDC
  3. The investor submits a capital investment application for IEDC approval
  4. The investment must occur within two years of approval
  5. Submit documentation for investment certification

What you will need

Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)

Apply on the funder's site

Source. https://iedc.in.gov/indiana-advantages/investments/venture-capital-investment-tax-credit/overview

"The maximum annual amount of tax credits that may be awarded at twenty million dollars ($20,000,000)."

Verified on 14 August 2026

Source: iedc.in.gov

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Paid, separate from Unclaimed

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