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Indiana Finance Authority

IFA > Tax-Exempt Bond Programs > Volume Cap Program > High-skilled/High-growth - Defined High-skilled/High-growth - Defined

A “high growth company with high skilled jobs” is defined under Indiana Code 5-28-30-4 as:

  1. a company that had at least a fifteen percent (15%) average annual growth in company earnings during the past three (3) years, or is entering a new product or process area, or is classified as in an industry that had at least a fifteen percent (15%) average annual growth in earnings during the past three (3) years; and
  2. a company that has a substantial number of employees in jobs that require post secondary education or its equivalent, or that are in occupational codes classified as high skill by the Bureau of Labor Statistics, United States Department of Labor; and
  3. a company that has a substantial number of employees that earn at least one hundred fifty (150%) percent of Indiana per capita personal income.