Local Personal Property Tax Exemptions for Enterprise IT Equipment (pdf)

Indiana provides the right business climate for high-tech data centers. 

• High-tech innovation is welcomed by a pro-growth business climate that includes one of the highest research and development tax credits in the nation, a venture capital tax credit, and a new tax exemption for patent income.
• In 2006, CyberStates reported Indiana as home to more than 70,000 jobs in the high-tech sector, earning an average wage of $57,000.  
• Bloomington, Indiana is the third most affordable market for operating a data center, according to BusinessWeek.
• With over 27,000 computer workers and more than 1,350 information technology graduates every year, Indiana provides an abundant, well-qualified workforce.  
• The Indianapolis region alone is home to nearly 2,000 information technology firms including ExactTarget, Baker Hill, Interactive Intelligence, and ChaCha.

Indiana Data Centers

Data Cave – Columbus
This 80,000-square-foot data center provides full-service IT solutions, from colocation and offsite backup to network management and security.

Lifeline Data Centers – Indianapolis
Lifeline is transforming the former Eastgate Consumer Mall in Indianapolis into a new 450,000-square-foot data center supported by 200,000 square feet of office space.

Indiana Data Center – Fort Wayne 
Indiana Data Center is building a wireless network infrastructure throughout northeastern Indiana; this would include connecting four of the largest communities in the region including Auburn, Angola, Columbia City, and Fort Wayne.

n|Frame – Indianapolis
Owned by Continental Broadband, it delivers services through a sophisticated network of technical resources including one of the region’s most advanced data centers and cutting-edge workplace recovery centers.

TLS.NET – Columbus
A privately held, national provider of Internet Services, data center services, hosted VoIP and Web-based software development.

SallieMae – Fishers
Listed on the Fortune 500 and is one of the “top innovators in IT” according to InformationWeek.

Natural disasters rating: the majority of Indiana ranks in the second lowest natural disasters category, while portions of Indiana are in the “no risk” regions according to the Places Rated Almanac.

Educational Advantages

• Indiana University created the first School of Informatics in the U.S.
• Indiana University hosts the most powerful supercomputer system in the U.S., including two supercomputers capable of performing 20 trillion mathematical operations per second and are available for use by private Indiana companies.
• Purdue University is ranked the fifth best public university and graduates over 300 IT students each year.
• Rose Hulman Institute of Technology is ranked the number one Computer Engineering program in the U.S. and graduates more than 80 computer engineering students each year.
• The Midwest Institute for Nanoelectronics Discovery (MIND) is a new research consortium led by the University of Notre Dame. It is designed to discover and develop the next nanoscale logic device, which will be the basic building block of future computers. 

Fiber Network Advantages

• Indiana Fiber Network, LLC provides state-of-the-art connectivity along its 1,600-mile fiber optic backbone; it offers services in major metropolitan areas and Indiana’s underserved areas.
• In 2004, Indiana became the first assignee of FiberCo optical networking assets between Indianapolis, Indiana and Chicago, Illinois.  FiberCo was established in 2003 by a consortium of 205 universities working with government and industry to develop and deploy advanced networking technologies for acquiring, holding and assigning dark fiber assets on behalf of the higher education community.
• I-Light is an optical fiber network for higher education which initially connected Indiana University Bloomington, Purdue University in West Lafayette, and Indiana University-Purdue University Indianapolis. I-Light now has over 1,000 miles of fiber reaching into all four corners of the state.  I-Light improves Indiana’s position as a national leader in high-speed networking.
• Fibertech Networks, a premier broadband provider, has quickly established itself as a high-quality provider of metro-based fiber optic transport services in Indianapolis and is looking to expand its services to Fort Wayne and South Bend.

Indiana Advantages

• Indiana has created the Certified Technology Parks program in order to support the attraction and growth of high-technology business and to promote technology transfer opportunities. Designation as a Certified Tech Park allows for the local recapture of certain state and local tax revenue to be invested in park development.
• Indiana’s Technology Enhancement Certification for Hoosiers (TECH) Fund is a reimbursement 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.  The program provides financial assistance to existing companies that are committed to training their workers in the latest information technology skills.
• Indiana incentives include Economic Development for a Growing Economy (EDGE), Venture Capital Investment Tax Credits, Industrial Development Grant Funds, Industrial Recovery Tax Credits, Skills Enhancement Funds, and Indiana Finance Authority Loan Guaranty Program.
• Local incentives include Tax Increment Financing (TIF), Real Property Tax Abatement and Personal Property Tax Abatement.

Sources: The Indy Partnership, Inside INdiana Business

Duke Energy Advantage

At Duke Energy, we believe information is power.  As Indiana’s largest electric utility, we offer our business customers comprehensive power reliability solutions. Each solution is customized to meet your needs and protect your data center operations and sensitive equipment. 

• Back-up generation – including on-site, mobile and ready-to-be-deployed services
• Uninterruptible power supplies
• Lightning and surge protection
• Real-time monitoring and control for 24/7 power reliability
• Outage notification and 24-hour emergency dispatch
• Duke Energy has developed a special line of services devoted especially for improving power quality by analyzing power problems, finding solutions and preventing future problems.