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Subsidy Tracker Individual Entry

Company: Eli Lilly
Parent Company: Eli Lilly
Subsidy Source: multiple
Location: Indiana
City: Indianapolis
County: Marion
Address: 1510 Kentucky Ave.
Zip: 46221
Project Description: corporate headquarters and technology center
Year: 1999
Major Industry of Parent: pharmaceuticals
Specific Industry of Parent: pharmaceuticals
Subsidy Value: $214,000,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
MEGADEAL

Number of Jobs or Training Slots: 7,500
Capital Investment: $1,000,000,000
Source of Data: The subsidy figures and jobs and investment projections came from: Barb Albert, "$214 million in incentives for Eli Lilly called bargain," Indianapolis Star, July 17, 1999.
Notes: The subsidies included: $102 million in state EDGE tax credits; $4 million in state infrastructure assistance; $2 million in state training assistance; $100 million in local property tax abatements; and $6 million in local infrastructure assistance. Overlaps with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.