City of Anderson
The City of Anderson Economic Development Department is a five-person municipal unit that administers business incentives (tax abatements, industrial revenue bonds, revolving loans), workforce training, and brownfield redevelopment to attract, retain, and expand employers across Anderson, Indiana.
- Company typePrivate
- Founded2006
- HeadquartersAnderson, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What City of Anderson does
The City of Anderson, Indiana (incorporated 1865) operates through its Economic Development Department, a five-person municipal unit headquartered at Anderson City Hall (120 E. Eighth Street). The department's functional mandate is business attraction, retention, and expansion: it administers Economic Revitalization Area designations, 1–10 year property and personal property tax abatements, a Revolving Loan Fund offering up to $150,000 at 75% of the Prime Rate, Industrial Revenue Bonds up to $10,000,000 per project, and Foreign Trade Zone benefits. It also coordinates brownfield redevelopment across roughly 150 brownfield properties totaling 800–1,000 acres. Direct customer-facing segments are new and expanding businesses, existing small business owners, site selectors/developers, and job seekers — with services ranging from cost comparisons and tax analysis to workforce training placement.
Underlying assets supporting the department's offering are city-owned utility systems: Anderson Municipal Light & Power (electric distribution at 7,620 grounded wye / 13,200V, up to 5,000 KVA per circuit), a 100+ mile dark fiber network partnering Everstream, Zayo, and iLight with up to 100 Gbps connectivity backhaul to Indianapolis, and groundwater-based water and wastewater systems (13.88 MGD capacity, 420 linear mile distribution, 21,500 customer connections). Ancillary programs include the AAMP workforce training pipeline (160 hours, four weeks, $15/hour including bonus) delivered through Purdue Polytechnic, Ivy Tech, and Vincennes University, the HireAnderson job-matching initiative, the Flagship Enterprise Center small business incubator/accelerator, and downtown placemaking events.
The department does not operate as a revenue-generating enterprise; it is funded through the municipal budget, with cash generation flowing from application/permit fees ($75 commercial abatement; $30–$250 vacant building abatement by project cost tier), interest income on the Revolving Loan Fund, and the broader city tax base (4.9% corporate income tax, capped 3% property tax). Distribution is primarily direct enterprise field engagement, supplemented by channel relationships with Madison County Economic Development (MCED), the Indiana Economic Development Corporation (IEDC), Indiana SBDC, WorkOne, SCORE, and Anderson University's Falls School of Business.
City of Anderson firmographics
Firmographics- Name
- City of Anderson
- Legal name
- City of Anderson Economic Development Department
- Website
- https://andersonecondev.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The City of Anderson Economic Development Department is a five-person municipal unit that administers business incentives (tax abatements, industrial revenue bonds, revolving loans), workforce training, and brownfield redevelopment to attract, retain, and expand employers across Anderson, Indiana.
- Ownership category
- akta.pro rank
City of Anderson industry classification
Industry- Product category
- Municipal Economic Development
- NAICS
- Administration of General Economic Programs (92611), Administration of Housing Programs, Urban Planning, and Community Development (925), Administration of Economic Programs (926)
- SIC
- Services-Engineering, Accounting, Research, Management (8700), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Economic Development & Business Licensing (Local) (BPAIACAN)
- akta.pro secondary industries
- Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI), Public Workforce Development Programs (WIOA/One-Stop Career Centers) (EDAAAOAA)
Keywords
Where City of Anderson is headquartered
LocationHeadquarters
- HQ city
- Anderson
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
City of Anderson business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Revolving Loan Fund Interest: Low-interest loans up to $150,000 with rates as low as 75% of the Prime Rate for small businesses creating jobs within Anderson city limits
- Tax Abatement Administration: Up to 10-year partial tax abatement on increased tax assessments from real property improvements and new manufacturing equipment within designated Economic Revitalization Areas
- Application and Permit Fees: Application fees for various programs including $75 for commercial/industrial tax abatement, $30-$250 for vacant building tax abatement based on project cost, and various permit fees
- Property and Income Taxes: Corporate income tax at 4.9% flat rate, property tax up to 3% for commercial/industrial, individual income tax at 3.05% with Madison County personal income tax at 2.25%
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Revolving Loan Fund - up to $150,000 at 75% Prime Rate |
| One time/ perpetual license | Multi-year contract | Commercial/Industrial Tax Abatement Application - $75 |
| One time/ perpetual license | Multi-year contract | Vacant Building Tax Abatement - $30-$250 based on project cost |
| One time/ perpetual license | Multi-year contract | Residential Property Tax Abatement - $75 |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
City of Anderson product offering
Product offeringCore offering
The City of Anderson Economic Development Department administers municipal programs to attract, retain, and expand businesses within Anderson, Indiana. It provides site selection assistance, business incentives (including tax abatements, industrial revenue bonds, and a revolving loan fund), workforce development (notably the AAMP program), downtown and brownfield redevelopment support, and operates city-owned electric, fiber, water, and wastewater utilities to serve businesses and residents.
Product overview
The Anderson Economic Development Department provides a suite of government programs and services rather than commercial technology products. The department operates as a business development facilitator offering site selection assistance, administration of business incentives (including tax abatements, industrial revenue bonds, and revolving loan funds), workforce development programs (such as AAMP - Anderson Advanced Manufacturing Program), and brownfield/downtown redevelopment initiatives. These programs are facilitated through partnerships with state agencies (IEDC), educational institutions (Ivy Tech, Purdue Polytechnic, Anderson University), and business support organizations.
Differentiator
Problem solved
Functional benefit
Brands
- AAMP (Anderson Advanced Manufacturing Program): A job training program that works with educational and corporate partners to fill vacant positions with graduates who show proper work ethic and basic skill levels required by area manufacturers. It is a four-week, 160-hour training experience developing hard and soft skills employers need.
- HireAnderson Initiative
Products and services
- Commercial and Industrial Real Property Tax Abatement Allows businesses to receive up to 10 years of partial tax abatement on the increased tax assessments resulting from qualifying real property improvements and new manufacturing equipment located within designated Economic Revitalization Areas. Available to companies undertaking commercial or industrial investment in Anderson.
- Revolving Loan Fund Provides small businesses creating jobs within Anderson city limits with low-interest loans up to $150,000 at rates as low as 75% of the Prime Rate. The fund can cover up to 33% of total project financing, with at least 67% coming from a private lender; up to 10% equity injection may be required.
- Vacant Building Tax Abatement Provides property tax abatement on improvements to vacant buildings in Anderson, with tiered application fees ranging from $30 (for projects ≤$20,000) up to $250 (for projects ≥$500,001) based on total project cost.
- Industrial Revenue Bonds Tax-exempt revenue bonds of up to $10,000,000 per project with maturities up to 30 years at 75-85% of prime rate, issued by the Economic Development Commission to support qualifying industrial investment in Anderson.
- Anderson Advanced Manufacturing Program (AAMP) Four-week, 160-hour work readiness training program that develops hard and soft skills required by area manufacturers. Pays trainees $15/hour ($13/hour plus a $2/hour bonus upon graduation). Partners with Purdue Polytechnic, Ivy Tech, and Vincennes University and connects graduates directly to area manufacturing employers.
- HireAnderson Initiative Connects Anderson residents with local companies, staffing agencies, and WorkOne to assist residents in their job search and match employers with local talent.
- Small Business Counseling (via Flagship Enterprise Center) Flagship Enterprise Center provides small business incubation, growth-stage acceleration, and microloans for technology-based and growth-oriented businesses. The Center has originated more than $6 million in microloans since 2010 and operates from 2705 Enterprise Drive, Suite 150, Anderson.
- Site Selection Assistance Provides prospective businesses with site selection support, including available properties, logistics data (I-69 corridor access, proximity to I-465 hub), utility capacity (electric, fiber, water, wastewater, natural gas), cost-of-doing-business comparisons, and incentive structuring.
- Anderson Municipal Light & Power (AMLP) City-owned electric utility providing distribution at 7,620 grounded wye / 13,200 volts, capable of feeding loads up to 5,000 KVA per circuit with 636 Kcm all aluminum conductor for lower line losses. Serves commercial, industrial, and residential customers within Anderson.
- City-Owned Dark Fiber Network City-owned fiber optic infrastructure of more than 100 miles connecting to long-haul fiber back to Indianapolis, delivered through partnerships with Everstream, Zayo, and iLight, supporting connectivity up to 100 Gbps for businesses and institutions.
- Water and Wastewater Utility Service Provides groundwater-sourced water supply from two well fields and treatment plants with 13.88 million gallons per day capacity, 420 linear miles of distribution mains, and 6.5 million gallons of elevated storage; serves 21,500 customer connections. Includes wastewater treatment service.
Quantifiable outcome
- Up to 10-year partial tax abatement on increased property tax assessments
- +3 more outcomes
Companies that use City of Anderson
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
City of Anderson technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
City of Anderson partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Madison County Economic Development (MCED)corePrivately-funded non-profit organization dedicated to steady job growth, economic diversity, and strengthened employer base in Madison County. Located at 739 Main Street, serves businesses outside City of Anderson.
- Indiana Economic Development Corporation (IEDC)coreIndiana's lead economic development agency overseeing business attraction, development, state programs, and incentives. Located at 1 North Capitol, Suite 700, Indianapolis.
- Indiana Small Business Development Center (ISBDC)coreProvides free management assistance, business counseling, and educational services. East Central office in Muncie serves Anderson with satellite office at City Hall every Wednesday.
- Purdue University Polytechnic InstitutecoreWorld-class technology program partner hosting AAMP training at Anderson campus. Also provides Purdue University Technical Assistance Program (TAP) for companies seeking productivity improvements.
- Ivy Tech Community CollegecoreIndiana's second largest public post-secondary institution providing workforce development programs including corporate training, continuing education, and academic programs at Anderson campus.
- Vincennes UniversityminorEducational partner in AAMP program contributing to advanced manufacturing certificate alongside Purdue and Ivy Tech.
- Center for Employee Development (C4ED)minorWorkforce development partner in AAMP program providing training and certification coordination.
- Flagship Enterprise CentercoreSmall business incubator and accelerator for technology-based businesses with microloan program exceeding $6 million since 2010. Located at 2705 Enterprise Drive, Anderson.
- WorkOne AndersoncoreDivision of Indiana Workforce Development assisting individuals seeking employment and businesses seeking employees with job postings, training, and placement.
- Service Corps of Retired Executives (SCORE)minorNonprofit providing free entrepreneur education and business counseling through retired executives.
- Anderson UniversitycoreHigher education institution with Falls School of Business and engineering programs. Partners through Flagship Enterprise Center for student/faculty involvement in economic development.
Scale indicators11 records
Recent moves5 records
Expansion highlights5 records
City of Anderson competitors and assessment
Company assessmentRegional players
- City of Carmel Economic Development: Carmel is a Hamilton County suburb with a high-skill services and tech-skewing economy. While not a direct competitor for industrial prospects, it competes with Anderson for the same Indianapolis MSA talent pool and corporate investment dollars.
- City of Fishers Economic Development: Fishers is a Hamilton County suburb of Indianapolis with a fast-growing, white-collar-skewing economic base. It competes for the same Central Indiana prospect pool but operates from a fundamentally different demographic and labor-market starting point than Anderson.
Broad incumbents
- Indianapolis Office of Economic Development: Indianapolis is the state's largest municipal EDO, anchoring the Central Indiana region that Anderson's I-69 positioning relies on. While not a direct competitor for the same deal size, it sets the regional incentive and infrastructure benchmark Anderson must position against.
- Greater Fort Wayne Inc. Fort Wayne is a larger Northeast Indiana EDO serving Allen County with a much bigger team and budget. It competes with Anderson for the same I-69 corridor prospect pool while offering deeper incentive and workforce resources.
Direct peers
- City of Muncie Economic Development: Muncie, Indiana is a similar legacy manufacturing city in East Central Indiana (Delaware County) facing comparable demographic and industrial-transition challenges. Its ED office competes with Anderson for the same pool of Midwestern prospect and Brownfield redevelopment opportunities.
- City of Richmond / Wayne County Economic Development: Richmond is an East Central Indiana city of comparable size and demographic profile, pursuing similar industrial attraction and brownfield redevelopment strategies. Its ED function is a structurally analogous counterpart to Anderson's.
- Columbus Indiana Economic Development Corporation: Columbus is a Bartholomew County city that has successfully diversified beyond legacy manufacturing and is frequently cited as an Indiana EDO benchmark. It competes with Anderson for the same regional prospect pipeline while operating a more mature diversification playbook.
- City of Kokomo Economic Development: Kokomo is a manufacturing-heavy Howard County city of similar size that competes with Anderson for automotive and advanced-manufacturing prospects, including workforce and incentive positioning. It is a closely comparable Indiana mid-sized industrial EDO.
- City of Lafayette Economic Development: Lafayette (Tippecanoe County) is a comparable Indiana mid-sized city with a strong manufacturing and workforce-development story anchored by Purdue University. It is a relevant peer in workforce-pipeline positioning and university-partnered attraction.
- City of Marion / Grant County Economic Development: Marion is a Grant County city of similar scale and industrial heritage, actively working to attract employers and redevelop legacy sites. Its ED function is a near-direct analogue to Anderson's in terms of geography, scale, and program mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
City of Anderson social profiles
Digital presenceCity of Anderson compliance and trust
Trust signalCompliance2 records
City of Anderson financial estimates
Financial estimateRevenue estimate
Valuation estimate
City of Anderson leadership team
Management profileNumber of profiles
Profiles6 records
City of Anderson funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
City of Anderson M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about City of Anderson
What does City of Anderson do?
The City of Anderson Economic Development Department administers municipal programs to attract, retain, and expand businesses within Anderson, Indiana. It provides site selection assistance, business incentives (including tax abatements, industrial revenue bonds, and a revolving loan fund), workforce development (notably the AAMP program), downtown and brownfield redevelopment support, and operates city-owned electric, fiber, water, and wastewater utilities to serve businesses and residents.
Is City of Anderson a public or private company?
City of Anderson is a private company. It is classified as state government owned and is currently operating.
When was City of Anderson founded?
City of Anderson was founded in 2006. It employs 1 to 10 people.
Where is City of Anderson based?
City of Anderson is headquartered in Anderson, United States, in the North America region.
How does City of Anderson make money?
Four revenue lines are on record. Revolving Loan Fund Interest is the primary driver. The others are tax Abatement Administration, application and Permit Fees and property and Income Taxes.
Who are City of Anderson's main competitors?
Regional players on record are City of Carmel Economic Development and City of Fishers Economic Development. Broad incumbents are Indianapolis Office of Economic Development and Greater Fort Wayne Inc.. Direct peers are City of Muncie Economic Development, City of Richmond / Wayne County Economic Development, Columbus Indiana Economic Development Corporation, City of Kokomo Economic Development, City of Lafayette Economic Development and City of Marion / Grant County Economic Development.
Does City of Anderson have an API?
No public API is recorded for City of Anderson.
What industry is City of Anderson in?
City of Anderson's product category is Municipal Economic Development. Its primary akta.pro industry code is BPAIACAN, Economic Development & Business Licensing (Local), with a secondary code of BPAIANAI, Urban Renewal, Brownfield Redevelopment & Land Reuse. Its NAICS code is 92611 and its SIC code is 8700.