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Indiana Skills Enhancement Fund (SEF)
General · Indiana Economic Development Corporation (IEDC) · IN
The Indiana Skills Enhancement Fund is a state grant program run by the Indiana Economic Development Corporation that reimburses Indiana businesses for about half of eligible employee training costs when that training is tied to a new capital investment. It's for Indiana employers investing in growth while also upskilling their workforce toward credentials or wage increases.
The Indiana Skills Enhancement Fund (SEF) is a state-administered grant program run by the Indiana Economic Development Corporation (IEDC). It is designed to help Indiana employers offset the cost of training employees, but only in connection with a new capital investment the business is making. Rather than handing out a lump-sum cash grant, SEF works as a reimbursement mechanism: the state typically covers around 50% of eligible training expenses over a two-year period.
For a small or growing business, this program matters because workforce training is often expensive and easy to postpone, especially when a company is simultaneously investing in new equipment, facilities, or expansion. SEF is meant to reduce that burden by sharing the cost of upskilling workers so that new investments translate into real productivity and wage gains. Training funded through SEF must lead to recognized credentials or documented company-specific skills — it is not intended for generic or unrelated training expenses.
Eligibility is limited to businesses operating in Indiana that are making a new capital investment and are simultaneously training or upgrading employees' skills in a way that leads to credentials or wage increases. Because this is a reimbursement-based grant tied to specific investment and training plans, the exact terms, award amounts, and application rounds can change over time.
As of 2026, applicants should confirm the current reimbursement percentage, whether rounds are open, and precise eligibility requirements directly with IEDC. This listing reflects only the facts provided and should not be treated as a guarantee of funding terms — always verify current details at the official state source before applying.
Who qualifies
How to apply
Questions people ask
Is this a grant or a loan?
It is structured as a grant, specifically a reimbursement of eligible training costs — not a loan that must be repaid as debt.
Do I have to repay the funds?
No, it is a reimbursement grant, not a loan, based on the given facts.
How much money can I get?
Typically about 50% of eligible training costs over two years, but the exact amount should be confirmed at the official source.
Who runs this program?
The Indiana Economic Development Corporation (IEDC) administers the Skills Enhancement Fund.
Who is eligible?
Indiana businesses making a new capital investment while also training or upgrading employee skills toward credentials or wage increases.
Can businesses outside Indiana apply?
No, eligibility is limited to Indiana (IN) businesses.
What kind of training qualifies?
Training that leads to recognized credentials or company-specific skill upgrades tied to a new capital investment.
Is there a deadline?
The data lists 'check current rounds' — confirm current deadlines at the official source.
Where do I apply?
Through the IEDC's official SEF page at https://iedc.in.gov/indiana-advantages/investments/skills-enhancement-fund-sef/overview.
Is the reimbursement amount guaranteed at 50%?
The note says 'typically 50% over two years,' but this should be confirmed as current terms can change.
Is the funding taxable?
This is not specified in the available facts — confirm at the official source.
Does training alone qualify without capital investment?
No, based on the eligibility facts, training must be tied to a new capital investment.
Is this a one-time or recurring program?
The facts don't specify; confirm current round status at the official source.
Opportunity number: not published. Source: curated + verified (official state source, 2026). GetFundedUSA is independent and not affiliated with Indiana Economic Development Corporation (IEDC); always confirm current deadlines, amounts and eligibility on the sponsor's own page before applying.