The Commercial Rent Subsidy Program was created in efforts to enhance economic growth and to help fill vacancies in local commercial buildings in Harrison County, IN.

Through creating a business plan with the assistance of an ISBDC advisor and having the HCEDC’s commercial rent subsidy of up to 50% of rents over a two year period, businesses can thrive through the startup years.

Funding Criteria

• Business must be located or locating in Harrison County
• Applicants must meet with an Indiana Small Business Development Center (ISBDC) business advisor and have an approved business plan
• Building Must meet local codes and be “rent” ready
• Applicant must sign a 2-year lease

*Additional requirements found in application

Reimbursement Terms

• Up to 50% of commercial rents based on a $1000 maximum monthly rent
• $12,000 maximum aggregate over 2 years