Funding Amount

Up to $2,500 for distribution; Up to $5,000 for manufacturing

Deadline

Rolling / Open

Grant Type

foundation

Overview

FTZ Feasibility Study Subsidy

Funder: Greater Indianapolis Foreign Trade Zone Inc (INzone) / Indianapolis Airport Authority

Geographic Scope: Central Indiana (41 counties surrounding Indianapolis International Airport)

Overview:
INzone offers financial assistance to help businesses determine the viability and financial benefits of obtaining Foreign Trade Zone (FTZ) designation. Before officially applying for FTZ designation, interested companies can receive a free feasibility study to estimate potential costs and calculate return on investment.

Award Amount:

  • Distribution operations: Up to $2,500

  • Manufacturing operations: Up to $5,000
  • Eligibility:

  • Non-retail businesses in Central Indiana

  • Manufacturers or distributors

  • Located within FTZ service area (41 counties in Central Indiana)

  • Interested in obtaining FTZ designation
  • What is Covered:
    The feasibility study includes:

  • Estimation of potential costs for FTZ implementation

  • Return on investment analysis

  • Determination of whether FTZ is right for the business
  • Process:

  • Applicants may choose a qualified FTZ consultant from INzone's pre-approved list or select their own

  • Must notify INzone ahead of time for consultant approval

  • INzone covers the cost of the feasibility study directly
  • Contact Information:

  • Visitor & Delivery Address: 2745 South Hoffman Road, Gate 35, Indianapolis, IN 46241

  • Mailing Address: P.O. Box 51681, Indianapolis, IN 46251

  • Website: inzone.org
  • Related Services:
    This subsidy is part of INzone's broader FTZ designation support program, which helps businesses access the Foreign Trade Zone program benefits including cost savings, increased efficiency, and global marketplace competitiveness.

    How to Apply

    Feasibility Study Application Process

    1. Contact INzone - Reach out to INzone to express interest in a feasibility study
    2. Select or Identify a Consultant - Choose a qualified FTZ consultant from INzone's pre-approved list or select your own
    3. Notify INzone - Inform INzone of your chosen consultant ahead of time for qualification evaluation
    4. Await Approval - INzone will evaluate the consultant's qualifications
    5. Consultant Conducts Study - Once approved, your selected FTZ consultant will conduct the feasibility study
    6. Review Results - Use the study findings to make an informed decision about pursuing FTZ designation

      Required Information

    • Business type (manufacturer or distributor)
    • Location and operational details
    • Intended FTZ consultant (name and contact information)

    No Direct Application Form

    There is no formal grant application required. The process begins with a phone call or email to INzone requesting a feasibility study.

    Focus Areas & Funding Uses

    Fields of Work

    small-businessesstartups

    Categories

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