HAMILTON COUNTY TOURISM INC logo

BEST Investment Fund (Business of Entertainment, Sport and Tourism)

HAMILTON COUNTY TOURISM INC

Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

BEST Investment Fund

Funder: Hamilton County Tourism Inc.

Program Status: Established 2024; inaugural awards made May 2025

Geographic Scope: Hamilton County, Indiana

Funding Source: Tourism capital improvement fund

  • Created through Indiana Code 6-9-56, adopted during 2023 Indiana General Assembly

  • Funded by 3% of innkeepers tax on rentals under 30 days (effective January 1, 2024)

  • Collected locally by Hamilton County Treasurer's Office
  • Program Purpose:

  • Support transformative, tourism-related capital projects

  • Generate new visitation to Hamilton County

  • Foster business growth and economic development

  • Enhance community vitality

  • Keep Hamilton County competitive in tourism development

  • Promote long-term tourism and economic development related to recreation
  • Eligible Projects:

  • Tourism capital improvement projects

  • Major attractions and facilities

  • Museum experiences and exhibits

  • Event venues

  • Recreation and entertainment infrastructure
  • 2025 Inaugural Award Recipients:
    1. Conner Prairie Museum Experience Center - Funding for museum renovation and installation of The Curious Life permanent exhibit (only one in the Midwest)
    2. Koteewi Run Tubing Hill Expansion - Funds for improved snow-making equipment and people-mover system
    3. Fishers Event Center - Support for new event center (opened November 2024)
    4. Arena at Innovation Mile - Support for new event center in Noblesville (opened Summer 2025)

    Contact Information:

  • Karen Radcliff, President & Chief Executive Officer

  • Hamilton County Tourism Inc.

  • 37 E. Main St., Carmel, IN 46032

  • Phone: 317-848-3181

  • Email: info@hamiltoncountytourism.com
  • Related Documents:

  • Hamilton County Commissioners Ordinance No 09-21-23-B

  • Hamilton County 2023 Revised Tax Ordinance

  • Indiana Code Chapter 56: Hamilton County Innkeepers Tax
  • How to Apply

    Application Process

    Detailed application procedures are not provided in available website content. Applicants should contact:

    Karen Radcliff
    President & Chief Executive Officer
    Hamilton County Tourism Inc.
    Email: info@hamiltoncountytourism.com
    Phone: 317-848-3181
    37 E. Main St., Carmel, IN 46032

    Application Overview:

  • Projects undergo thorough assessment by BEST Review Committee

  • Applications are reviewed and voted on by Hamilton County Tourism Commission

  • Program appears to operate on a project-by-project basis rather than fixed deadlines
  • Focus Areas & Funding Uses

    Fields of Work

    nonprofitscapitalcommunity-development

    Categories

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