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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.



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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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