Business Climate
Northeast Indiana’s vision for the future is inclusive and prosperous for businesses and talent across the region. Real estate development and revitalization efforts are underway in every corner of Northeast Indiana, with investments totaling more than $2 billion throughout 11 counties within the last few years.
Why is Northeast Indiana experiencing this growth?
- Ranked as a top state by CNBC for cost of doing business and infrastructure quality, Indiana boasts a total tax burden lower than Ohio, Illinois, Wisconsin and Michigan.
- Custom state incentive packages in ten days or fewer, a streamlined permitting process and public, private and academic collaboration further add to Northeast Indiana’s competitive edge.
- Operating costs are low in Northeast Indiana and support a range of businesses, from homegrown entrepreneurs like Sweetwater Sound and Vera Bradley to the region’s largest automotive manufacturer, General Motors.
- Northeast Indiana has an excess water supply and a highly reliable business infrastructure system from utilities to roads to ports.
With infusions of capital of nearly $2 billion over the last three years into the region and more than $1 billion in investment over the last ten years in downtown Fort Wayne, Northeast Indiana is turning a vision into its reality. And the work is not completed. From new sports stadiums to trails to industrial parks, Northeast Indiana has aggressive plans to show the world why it makes business better.
Taxes
Ranked by the Tax Foundation as one of the best tax environments in the United States, Indiana’s business-friendly tax climate creates a thriving landscape for innovative businesses and growth. Compared to surrounding states, Indiana boasts a total tax burden lower than Ohio, Illinois, Wisconsin and Michigan.
Labor + Operating Costs
Operating costs are low in Northeast Indiana and support a range of businesses, from homegrown entrepreneurs like Sweetwater Sound and Vera Bradley to the region’s largest automotive manufacturer, General Motors.
Incentives
Business is made better in Northeast Indiana thanks to a strong track record of attracting and supporting new business investment and economic development through the use of competitive incentives. Custom state incentive packages in ten days or fewer, a streamlined permitting process and public, private and academic collaboration further add to Northeast Indiana’s competitive edge.
Entrepreneurship
From collaboration with regional businesses to educational programming and small business funding initiatives, entrepreneurs in Northeast Indiana and the Fort Wayne area contribute to a globally competitive regional economy.
International Business
For decades, Northeast Indiana has been viewed as an attractive location for companies from around the globe to invest and relocate. After all, Indiana ranks as a top best location to do business in the Midwest and nationwide, according to publications like Chief Executive and Area Development Magazine.
Are you ready to join the momentum?
Contact our team