Business Retention & Expansion

The Chamber provides Business Retention and Expansion Services (BR&E) as part of the Economic Development Coalition of Southwest Indiana’s initiative to support existing business. BR&E services promote existing job retention, new job creation, and the expansion and relocation of existing companies.

The BR&E team is available to meet with employers in Vanderburgh, Warrick, Posey and Gibson counties.

If you would like the team to meet with your company representatives, contact Kim Howard, vice president of economic development, at 812.425.8147 or via e-mail at khoward@ccswin.com.

Business Retention and Expansion Assistance includes:

• Assistance with identifying available incentives for your business expansion or relocation

• Identification of available buildable land and existing real estate for your project

• Introductions to business leaders, government officials and economic development partners

• Access to information on local and regional demographics, employment, training programs, transportation, taxes, and environment and regulatory updates

• Exporting Assistance is provided through the Tri-State World Trade Network

• Small Business services are available through the Small Business Development Center

• Connections for Minority and Women owned businesses

State Grants & Incentives

The State of Indiana, through the Indiana Economic Development Corporation, offers a variety of financial incentives and tax credits to assist businesses who are creating and retaining jobs and making investments in Indiana. Incentives range from training grants for workers, like the Skills Enhancement Fund, to tax credits awarded for venture capital investment in qualified Indiana businesses.

Read more about these programs at: http://iedc.in.gov/programs-initiatives/.    

Local Incentives
The Chamber of Commerce of Southwest Indiana serves as a resource for existing business in understanding local incentives that can help your business grow. We are also a resource for site selection assistance, access to capital, and business advocacy and lobby efforts.

Companies of all sizes making investments that increase their property’s assessed value and add or retain employees could be eligible for a tax phase-in. Deductions are available for investments in real and personal property and are based on the increase in assessed value resulting from the expansion. Tax phase-in approval is subject to your city or county’s specific criteria. For more information about tax phase-ins, please contact Kim Howard, VP of Economic Development, at khoward@ccswin.com.