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Are there any real milestones they have to achieve to unlock this money or at least report back on the success of using this money?
Can we as a city/state/region at least learn something from the millions in grants and tax rebates we gave Angie’s List?
There’s never any accountability for this money, or so it seems.
$3,000,000 to move across the street?
Correct me if im wrong but the money these companies are spending isn’t exactly tax payers money but money raised by Investors. So they use it as they see fit for growth, or am I missing something here? From my understanding, this is normally for any tech company nationwide. You see tons of things like this in places like Austin Tx, Seattle Wa, Boston Ma, Denver Co. ect
The Indiana Economic Development Corp. is offering Spokenote up to $7 million in conditional tax credits and $165,000 in training grants, which the company will not be eligible to claim until Hoosier workers are hired for the new jobs.
The city of Fishers is also committing up to $55,000 in training grants.