The Certified Technology Park program was created as a tool to support the attraction and growth of high-technology business in Indiana and promote technology transfer opportunities. Designation as a Certified Tech Park allows for the local recapture of certain state and local tax revenue which can be invested in the development of the park.

The Certified Technology Park program is established by Indiana Code 36-7-32.

Calculation of Fund

Certified technology parks are allowed to capture a maximum of $5 million over the life of the park in incremental sales and income taxes.

Parks that have hit their lifetime cap are eligible to capture $100,000 per year in incremental income tax revenue as long as it maintains its certification with the IEDC, pursuant to Indiana Code 36-7-32.

Locations

View Indiana Certified Technology Park locations