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Indiana · Snapshot 2026

IC 5-28-30-4: "High growth company with high skilled jobs"

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Where this section sits in the code
  1. TITLE 5. STATE AND LOCAL ADMINISTRATION
  2. ARTICLE 28. INDIANA ECONOMIC DEVELOPMENT CORPORATION
  3. Chapter 30. Industrial Development Loan Guaranty Program

Sec. 4. As used in this chapter, "high growth company with high skilled jobs" means a company that satisfies all the following conditions:

(1) The company:

(A) had at least a fifteen percent (15%) average annual growth in company earnings during the past three (3) years;

(B) is entering a new product or process area; or

(C) is classified in an industry that had at least a fifteen percent (15%) average annual growth in earnings during the past three (3) years.

(2) The company has a substantial number of employees in jobs:

(A) requiring postsecondary education or its equivalent; or

(B) that are in occupational codes classified as high skill by the Bureau of Labor Statistics, United States Department of Labor.

(3) The company has a substantial number of employees that earn at least one hundred fifty percent (150%) of Indiana per capita personal income.

Collected 2026-09-02T16:11:39Z. Source file · JSON

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