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.