Financial assistance.FIXED-ASSET FINANCING Certified Development Companies This program features long term, fixed-rate financing for small business expansion. Financial institution must provide half of the project amount, the CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation , up to 40 percent, and the business a minimum of 10 percent. Minimum project size is $125,000. The CDC's portion may go up to $750,000. Statewide: Indiana Statewide Certified Development Corp. 317/844-9810 Indianapolis area: Premier Capital Corp. 317/974-0504 St. Joseph County: Business Development Corp. 574/235-9278 Allen County: Community Development Corp. 260/427-1127 Northwest Indiana; Northwest Indiana Regional Development Corp. 219/763-6303 Industrial Revenue Bonds Private Activity Bonds, often called Industrial Revenue Bonds, or IRBs, are bonds issued by state or local governmental entities for the benefit of a private company. Interest on the bonds is generally exempt from federal income taxes for investors, which typically results in lower long term interest rates to the borrower. The IDFA IDFA International Dairy Foods Association IDFA International Documentary Filmfestival Amsterdam IDFA Improved Decision-Feedback Algorithm IDFA Illinois Development Financed Authority can issue bonds to finance qualified manufacturing facilities and equipment, pollution control facilities and other projects permitted under federal law. Manufacturing companies can save significant interest costs by using tax-exempt bonds Tax-exempt bond A bond usually issued by municipal, county, or state governments whose interest payments are not subject to federal and, in some cases, state and local income tax. tax-exempt bond See municipal bond. to finance equipment purchases, land acquisition and construction. The IDFA can also issue tax-exempt bonds for certain 501(c)(3) entities, including child care facilities, educational and cultural institutions. 317/233-4332 Home Page www.in.gov/idfa GUARANTEE PROGRAMS Agricultural Loan and Rural Development Project Guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant. Fund The IDFA can guarantee loans for rural development projects, value-added agricultural enterprises and other types of businesses that create or retain a significant number of Hoosier jobs. The maximum guaranty is $300,000. The IDFA can use its Guaranty Program to partner with other participants, reducing the lender's overall exposure. Indiana Development Finance Authority 317/233-4332 Home Page www.in.gov/idfa Business and Industry Guaranteed Loan Program Rural Development guarantees loans made by eligible lenders to businesses to benefit rural areas. Rural Development guarantees up to 80 percent of the original loan amount, which can be up to $25 million. Under certain circumstances, up to 90 percent may be guaranteed. Any legal entity is eligible, including individuals, and both start-up and existing businesses may qualify to finance the purchase and development of land, the purchase of equipment and supplies, to provide working capital, or to refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. existing debt, among other eligible loan purposes. 317/290-3109 CAPLines CAPLines offers five types of loans to finance the short-term, cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. working-capital needs of small businesses. Under this program, loan proceeds generally will be advanced against a borrower's existing or anticipated inventory and/or accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying . CAPLines include: Seasonal, Contract, Builder's, Standard Asset-Based, and Small Asset-Based lines. The SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government generally can guarantee up to $2,000,000. U.S. Small Business Administration 317/226-7272 SBA Home Page www.sba.gov Export Working Capital Program The EWCP EWCP Export Working Capital Program EWCP Electronic Warfare Control Processor provides short-term financing to small businesses for export-related transactions. Proceeds from the export sales are the primary source of repayment. Under the EWCP, the SBA guarantees up to 90 percent of a secured loan or $2,000,000, whichever is less. Typically, maturities match a single transaction cycle with a term of up to 18 months, or support a line of credit with a term of up to 12 months. Indiana District Office 317/226-7272 SBA Home Page www.sba.gov Guaranty Loan Program, 7(a) The SBA's primary business loan program guarantees loans to small businesses that cannot obtain financing on reasonable terms through other channels. Loan proceeds may be used for business start-ups, expansion, equipment purchases, working capital, inventory, or real-estate acquisition. Generally, the SBA can provide guarantees up to $750,000 on a private-sector loan; as much as 80 percent on loans of $100,000 or less, and 75 percent on loans of more than $100,000. The interest rate may not exceed 2.75 percent over the prime lending rate The lowest rate of interest that a financial institution, such as a bank, charges its best customers, usually large corporations, for short-term unsecured loans. The prime lending rate is an economic indicator and is often used as a measuring point for adjusting interest , except for loans under $50,000, where rates may be slightly higher. Maturities can extend up to 10 years for working capital and 25 years for fixed assets fixed assets npl → activo sg fijo fixed assets npl → immobilisations fpl fixed assets fix npl → . Indiana District Office 317/226-7272 SBA Home Page www.sba.gov Loan Guaranty Program The IDFA can guarantee loans for high-growth/high-tech companies, manufacturers, and other types of businesses that create or retain a significant number of Hoosier jobs. The Guaranty Program is flexible and can be tailored to meet the needs of many Indiana businesses. The guaranty is often used creatively in conjunction with other funding sources and enhancement programs. The guaranty may be as high as 90% of the principal balance of the loan, depending on the collateral and capacity of the fund. Indiana Development Finance Authority 317/233-4332 Home Page www.in.gov/idfa Low Doc Loan Program For borrowers who meet lender requirements, this simple, one-page SBA application form with rapid turnaround is available for loans up to $150,000. The SBA will guarantee up to 85 percent of the loan. U.S. Small Business Administration 317/226-7272 SBA Preferred and Certified Lenders Bank One 317/321-3000 Busey Business Bank 317/574-1540 Centier Bank 219/659-0043 CIT Small Business Lending Corp. 317/357-7110 Fifth Third Bank of Central Indiana 317/383-2412 First National Bank & Trust 317/875-9500 1st Source Bank 574/235-2000 Huntington National Bank of Indiana 317/237-2594 KeyBank 317/464-2349 National City Bank of Indiana 317/267-8887 Old National Bank 317/693-3240 Republic Bank 317/237-5334 Union Federal Bank 317/269-4723 Union Planters Bank 317/221-6046 Unizan Bank 317/469-7575 U.S. Bank 317/822-1800 Wachovia Small Business Capital 317/566-2140 Wells Fargo Bank 317/581-6218 Small Business Investment Companies Unique economic development tools, SBICs put risk capital, in the form and debt and equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. , into small businesses for growth, modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, , and expansion. SBICs are privately owned and managed, for-profit investment firms licensed by the SBA. They make equity investments and long-term loans to small firms, using their own capital supplemented with SBA-guaranteed debentures or participating securities. SBA Indiana District Office 317/226-7272 1st Source Capital Corp. 574/235-2180 Cambridge Ventures LP 317/814-6192 Centerfield Capital Partners LP 317/237-2323 Irwin Ventures SBIC LLC 812/373-1434 HIGH-RISK LENDING 504 Certified Development Companies The 504 program provides long-term, fixed-asset financing through certified development companies. These non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. are sponsored by private interests or by state and local governments. The SBA can guarantee debentures covering as much as 40 percent of a 504 project, up to $1 million. The loan funds may be used to purchase machinery and equipment, to purchase and improve land, or to construct or remodel re·mod·el tr.v. re·mod·eled also re·mod·elled, re·mod·el·ing also re·mod·el·ling, re·mod·els also re·mod·els To make over in structure or style; reconstruct. buildings. Statewide: Indiana Statewide Certified Development Corp. 317/844-9810 Indianapolis area: Premier Capital Corp. 317/974-0504 St. Joseph County: Business Development Corp. 574/235-9278 Allen County: Community Development Corp. 260/427-1127 Northwest Indiana: Northwest Indiana Regional Development Corp. 219/763-6303 Corporate Investment BMT's Corporate Investment Division offers high-risk capital to technology-driven Indiana businesses, brings together other BMT BMT bone marrow transplantation. BMT, n.pr See bone marrow transplant. BMT Bone marrow transplant, see there programs and business/ technical expertise, and identifies other capital sources. BMT 317/635-3058 Home Page www.bmtadvantage.org Indiana Community Business Credit Corp. This consortium of Indiana banks engages in high-risk lending. ICBCC's participation allows supplemental financing. Uses include primary working capital, subordinated working capital, long-term equipment loans, second mortgages, leveraged buy-outs and first mortgages. A primary lender must be involved. Cambridge Capital Management Corp. 317/843-9704 VENTURE CAPITAL AngelNet AngelNet brings businesses, civic leaders, and investors together to provide angel investors An individual who invests his or her own money in a private company, which is typically a startup. An angel investor is not an employee or member of a bank, venture capital firm or other financial institution that normally makes such investments. with wider selection of investment opportunities, provide Indiana businesses with a way of reaching angel investors, streamline the process for presenting deals, and provide angel investors with intelligence on deal terms and trends. www.indianaangel.com Cambridge Ventures LP Focuses on early stage financing for companies located within 200 miles of Indianapolis. Investments range from $100,000 to $1 million. 317/814-6192 Cardinal Ventures A privately owned partnership that seeks to acquire business that can be grown through internal means and by add-on acquisitions. Presently a financial buyer, but with the ultimate goal of becoming an operating company operating company A business that engages in transactions with outsiders. through buying, building and operating a small number of companies for long-term value creation. Support proven management teams with significant equity resources and diverse operating and financial expertise. 317/228-5070 Centerfield n. 1. (Baseball) the part of the outfield directly ahead of the catcher. Noun 1. centerfield - the piece of ground in the outfield directly ahead of the catcher; "he hit the ball to deep center" center field, center Capital Partners Centerfield is one of the largest institutionally backed providers of private growth capital based in Indiana and is also the state's largest Small Business Investment Company (SBIC SBIC Small Business Investment Company SBIC Sustainable Buildings Industry Council SBIC Singapore Bioimaging Consortium (Singapore) SBIC School Bus Information Council SBIC Saudi Basic Industries Corporation SBIC Scsi Bus Interface Controller ). It actively seeks to build partnerships with the private capital management teams of growth companies, other firms, banks and other financial institutions and universities. 317/237-2323 CID Cid or Cid Campeador (sĭd, Span. thēth kämpāäthōr`) [Span.,=lord conqueror], d. 1099, Spanish soldier and national hero, whose real name was Rodrigo (or Ruy) Díaz de Vivar. Equity Partners CID Equity Partners (CID), founded in 1981, is one of the largest Midwest firms providing private equity and debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay to seed, early stage and middle market companies throughout the Midwest. CID offers a broad range of funding opportunities to support: Start-up businesses, growth strategies, acquisitions, recapitalizations and management buyouts Management buyout (MBO) Leveraged buyout whereby the acquiring group is led by the firm's management. management buyout See going private. . 317/269-2350 Command Equity Group This private venture-capital company has strong connections to venture-capital investors on the East and West coasts. It currently provides venture capital to predominantly startup and early stage ventures. 812/339-3690 Gazelle gazelle, name for the many species of delicate, graceful antelopes of the genus Gazella, inhabiting arid, open country. Most gazelles are found only in Africa, but several species range over N Africa and SW Asia; the Persian, or goitered, gazelle ( TechVentures Gazelle's operating approach is characterized by two themes: value-added and networked. The professional staff has skills that extend beyond financial investing, and Gazelle often assists entrepreneurs with plan formation in advance of investment consideration. Gazelle currently has and is actively expanding relationships with other investing entities, universities, government and civic groups, and the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. community. 317/275-6800 Irwin Ventures This firm invests in early-stage companies in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. or related technology. 812/373-1434 Lilly BioVentures; e.Lilly Ventures; and Lilly MedTech Venture Fund A venture capital arm of Eli Lilly Eli Lilly can refer to:
The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. with pioneering technologies and novel therapies, e.Lilly Ventures' primary goal is to facilitate the success of startup companies The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. promising a transformational impact on Lilly's current business model. Lilly MedTech Venture Fund targets investments in companies with novel diagnostic technologies and therapeutic devices, and combination products incorporating pharmaceuticals, medical devices, and/or diagnostics. 317/651-3050 www.liilyventures.com Monument Advisors Inc. Monument Advisors Inc. is an Indianapolis-based private equity firm focused on leveraged buyouts leveraged buyout, the takeover of a company, financed by borrowed funds. Often, the target company's assets are used as security for the loans acquired to finance the purchase. and recapitalizations in the lower middle market. 317/656-5065 Purdue University Purdue University (pərdy  `, -d`), main campus at West Lafayette, Ind. Trask Pre-Seed Venture Fund
The Trask Pre-Seed Venture Fund was formed to make investments in select Purdue licensed startup companies. 765/494-2610 Rose-Hulman Ventures Rose-Hulman Ventures is a technology-based business incubator Business incubators are organizations that support the entrepreneurial process, helping to increase survival rates for innovative startup companies. Entrepreneurs with feasible projects are selected and admitted into the incubators, where they are offered a specialized menu of and product-development center with a unique combination of resources to meet the challenges of taking a bright idea to the marketplace. Services are available to businesses and industries of all sizes, from major corporations to start-up companies start-up company A new business. . New business capital comes through both in-kind investments and cash investments from the $10 million Success Fund. Rose Hulman Institute of Technology 812/244-4000 www.rhventures.org Spring Mill Venture Partners Spring Mill Venture Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control was created to identify and develop promising early-stage information technology and life sciences companies in Indiana and the surrounding region. 317/278-9996 OTHER ASSISTANCE 8(a) Program Assists the development of small firms owned and operated by individuals who are both socially and economically disadvantaged. By extending federal government contracting opportunities and other business development support, the SBA helps these firms gain access to the economic mainstream. Indiana District Office (Minority Business Development) 317/226-7272 SBA Home Page www.sba.gov Advance Indiana Grant program from companies to train its incumbent workforce. Only businesses within Energize en·er·gize v. en·er·gized, en·er·giz·ing, en·er·giz·es v.tr. 1. To give energy to; activate or invigorate: "His childhood Indiana clusters of Advanced Manufacturing, Information technology, High-Tech Distribution and Life Sciences may apply. Firms are reimbursed for eligible employment training costs. Indiana Department of Commerce 317/232-8800 Alternative Fuel Transportation Grant Program The Alternative Fuel Transportation Grant Program is designed to enable businesses and institutions to acquire alternative fuel vehicles Alternative fuel vehicle Conventional fuels such as gasoline and diesel are gradually being replaced by alternative fuels such as gaseous fuels (natural gas and propane), alcohol (methanol and ethanol), and hydrogen. and to make use of alternative transportation fuels. Alternative fuel vehicles help to improve air quality and reduce dependence on foreign oil imports. Indiana Department of Commerce 317/232-8800 Alternative Power and Energy Grant Program The Alternative Power and Energy Grant Program is designed to enable businesses and institutions to install and study alternative and renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. system applications in areas such as power generation, heating and cooling, and waste-to-energy. This program replaces all non-transportation applications of the Energy and Recycling Office's previous Alternative Energy Systems Grant Program. Indiana Department of Commerce 317/232-8800 Business Expansion and Modernization This Cinergy/PSI program directs Indiana businesses to available capital through a network of financial resources, including Cinergy/QuickCredit and Cinergy Financial Services for all energy financing needs. 317/838-2000 or 800/688-0688 Home Page www.cinergy.com/indiana/partners Capital Access Program CAP is a small business credit enhancement Credit Enhancement A method whereby a company attempts to improve its debt or credit worthiness. Notes: Credit enhancements take many different forms. An example of a credit enhancement would be conversion rights added on to a debt instrument in order to lower the issuing program that creates a specific cash reserve fund for the lender to use as additional security for loans enrolled in the Program. The CAP allows lenders to consider making slightly riskier loans that might not meet conventional lending requirements. The borrower, the lender, and the IDFA each contribute to the reserve fund, which pools contributions from all CAP loans. The CAP is very flexible and simple for lenders to use. Indiana Development Finance Authority 317/233-4332 Home Page www.in.gov/idfa Community Development Block Grant (CDBG CDBG Community Development Block Grant ) Training Program The Indiana Department of Commerce (IDOC) has allocated $2 million of its federal Community Development Block Grant (CDBG) funding from the US Department of Housing and Urban Development (HUD Hud (h d), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God. ) to the Skills 2016
program. These federal funds Federal FundsFunds deposited to regional Federal Reserve Banks by commercial banks, including funds in excess of reserve requirements. Notes: These non-interest bearing deposits are lent out at the Fed funds rate to other banks unable to meet overnight reserve administered by the department will be used to pay eligible costs of training persons of low- and moderate income families. Trainees must be Indiana residents. Indiana Department of Commerce 317/232-8800 http://www.in.gov/doc/skills2016/ Disadvantaged Business Enterprise Program Assistance is given to disadvantaged businesses in obtaining federal transportation contracts. Indiana Department of Transportation The Indiana Department of Transportation (INDOT) is a governmental agency of the U.S. state of Indiana charged with maintaining and regulating transportation and transportation related infrastructure such as state owned airports, state highways and state owned canals or railroads, 317/233-3563 Distributed Generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or Grant Program (DGGP) DGGP offers grants of up to $30,000 or up to 30% of eligible costs and is designed to enable businesses and institutions to install and study alternatives to central generation such as fuel cells, micro turbines, cogeneration, combined heat & power and renewable energy sources. Indiana Department of Commerce 317/232-8800 http://www.in.gov/doc/businesses/EP_industrial.html Enterprise Development Fund This state financing program funds local financing pools around the state which, in turn, make equity investments and/or loans to local entrepreneurs of new and existing businesses. ISBD ISBD International Standard Bibliographic Description ISBD Intelligence and Security Board (also seen as ISB) Corp 317/234-2802 or 888/ISBD-244 Entrepreneur Business Center Twelve incubator incubator, apparatus for the maintenance of controlled conditions in which eggs can be hatched artificially. Incubator houses with double walls of mud, a fireroom, and several compartments each holding about 6,000 hens' eggs were developed in ancient times; the centers around the state provide businesses with low cost rent, financing programs and real and personal property tax abatement A reduction, a decrease, or a diminution. The suspension or cessation, in whole or in part, of a continuing charge, such as rent. With respect to estates, an abatement is a proportional diminution or reduction of the monetary legacies, a disposition of property by will, when programs. Businesses also have free use of conference rooms and a computer lab. 317/634-7393 Incumbent Worker Training grant program Any Indiana business is eligible to apply; however, funding is limited and awarded on a competitive basis. Firms will be reimbursed for eligible employment training costs. Indiana Department of Commerce 317/232-8800 www.advanceIN.gov Indiana 21st Century Research and Technology Fund Created in 1999 by the General Assembly, the Indiana 21st Century Research and Technology Fund is designed to diversify the state's economy by developing and commercializing advanced technologies. The fund makes awards in two broad categories: science and technology commercialization and centers of excellence. They also provide capacity building awards in these areas. In addition, the fund provides cost-share on behalf of federal proposals submitted by Indiana based entitles. The fund emphasizes the creation of academic sector commercial-sector partnerships. The fund expects significant leverage from the partners involved in the projects. Awards are made for periods of up to two years in amounts up to $5 million. 317/233-4332 Home Page www.21stcentury-research.org Indiana Small Business Development Center Network The Fax on Demand System offers a variety of documents on business finance to anyone in the state via touch-tone phone and fax. 317/233-SBDC Industrial Development Bonds: Qualified Small Issue Bonds, Exempt Facility Bonds State or local governmental entities can issue bonds to finance qualified manufacturing facilities and equipment, pollution control facilities and other projects permitted under federal law. Interest on the bonds is generally exempt from federal income taxes for investors, which typically results in lower long-term interest rates to the borrower. Indiana Development Finance Authority 317/233-4332 Home Page www.in.gov/idfa Industrial Energy Efficiency Fund Provides zero-interest loans of up to $250,000 or 50 percent of eligible equipment costs, whichever is less, to businesses to increase energy efficiency in their industrial plants and processes. Loans are available for the acquisition and installation of energy-efficient manufacturing equipment. Indiana Department of Commerce, Energy Policy Division 317/232-8940 Intermediary Relending Programs This revolving loan program offers intermediaries 30-year, 1 percent loans to relend. The ultimate recipients use the loan to establish new businesses, expand existing businesses, create new jobs, save existing jobs, or for community development projects. Intermediaries may be private non-profit corporations or public bodies which are bonded, have legal authority to carry out the proposed loan purposes, to incur and repay the debt, and also have experience in making and servicing commercial loans. USDA/RECD 317/290-3109 LYNX lynx, name given to several related small, ferocious members of the cat family. All have small heads, tufted ears, and heavy bodies with long legs and short tails. All are primarily terrestrial, although they are able to climb trees. Capital Corp. This privately owned company links capital to minority business opportunities. Investments consist of subordinated debt Subordinated Debt A loan (or security) that ranks below other loans (or securities) with regard to claims on assets or earnings. Also known as "junior security" or "subordinated loan". and/or equity investments of at least $75,000. Cambridge Capital Corp. 317/814-6193 Recycling Assistance, Indiana Recycling Promotion and Assistance Fund This source provides loans to companies purchasing and installing equipment or machinery for the purpose of recycling secondary materials. Loan amounts are 50 percent of eligible costs up to $500,000 with repayment up to 10 years Indiana Department of Commerce, Office of Energy Policy 317/232-8940 Rural Business Enterprise Grants Grants are made to public bodies or private nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. to develop small and emerging businesses in rural communities of 50,000 population or less. Priority is given to projects located in communities of 25,000 population or less. Grant funds may be used for acquisition and development of land, construction of buildings, purchase of equipment, technical assistance, or for revolving loan funds A Revolving Loan Fund (RLF) is a source of money from which loans are made for small business development projects. A loan is made to one person or business at a time and, as repayments are made, funds become available for new loans to other businesses. . 317/290-3109 Rural Economic Development Loans and Grants Funds are used to provide zero-interest financing for business and community development projects, including business expansion and start up, incubator projects, medical and training projects, and project feasibility studies The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. . Loans and grants are made to electric and telephone utilities that currently are Rural Development borrowers. 317/290-3109 Skills Enhancement Fund: Skills 2016 Indiana's Skills Enhancement Fund (SEF SEF Search Engine Friendly SEF Serviço de Estrangeiros e Fronteiras (Portugal; Portuguese Immigration and Border Control Office) SEF Symantec Enterprise Firewall SEF Straits Exchange Foundation (China) ) is designed to provide financial assistance to existing, new and expanding businesses committed to training their workforce. Training activities eligible for funding include basic skills, transferable skills, company--specific skills and quality--assurance skills. Trainees must be Indiana residents. Companies can receive reimbursement--not to exceed $200,000--for retraining re·train tr. & intr.v. re·trained, re·train·ing, re·trains To train or undergo training again. re·train existing workers. Supplemental grant awards may be available for training new employees. Indiana Department of Commerce 317/232-8800 The Industrial Energy Efficiency Fund (IEEF) This is a zero-interest loan program geared to help Indiana manufacturers increase the energy efficiency of their manufacturing processes. The fund is used to replace or convert existing equipment, or to purchase new equipment as part of a process/plant expansion that will lower energy use. Companies can receive as much as $250,000. Indiana Department of Commerce 317/232-8800 http://www.in.gov/doc/businesses/EP_industrial.html TRAINING INCENTIVES Technology Enhancement Certification for Hoosiers (TECH) fund The TECH Fund is a reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. grant program designed to help Indiana companies meet the demands of the new information economy by rapidly increasing the number of certified information technology workers in Indiana. This program provides financial assistance to existing companies that are committed to training their workers in the latest information-technology skills. Training through this program results in the certification of Hoosier employees in a specific technology-related skill, or skills. Indiana Department of Commerce 317/232-8800 http://www.in.gov/doc/skills2016/ |
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