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Economic Stimulus Resources: Does Your Business Qualify?

The American Recovery and Reinvestment Act (ARRA), more commonly known as the stimulus bill, is a $787 billion federal commitment of spending and tax relief with the primary goals of energizing the economy and creating jobs. Approximately $4.3 billion is coming to Indiana, primarily to state government, with some allocations directly to local communities and organizations.

Categories with the largest projected amounts of formula-based funding (a formula distribution means that allocations will be made to certain recipients through existing formulas in use by the federal government) for Indiana include:

  • Medicaid: $1.4 billion
  • Education: $1.3 billion
  • Roads and bridges: $650 million
  • Nutrition: $400 million
  • Weatherization: $100 million

  • Water quality: $100 million
  • Housing: $100 million
  • Public transit: $80 million
  • Energy: $70 million
  • Employment services: $70 million
  • Child care: $40 million
  • Justice: $40 million

Key Web Sites for State & Federal Information

Additional state monies will be available through competitive grant funds. Can your company or organization benefit from these additional financial resources? For a full list of available websites for more information, please visit the Indiana Chamber's website.


Brett Fuller is the Managing Editor and Operations Manager for the LIFE network and specializes in social media engagement and content development. Visit Brett on , LinkedIn, Facebook, or Twitter.


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