Summit City Entrepreneur & Enterprise District (SEED)

The City of Fort Wayne’s “Summit City Entrepreneur and Enterprise District” (SEED) was established on January 1, 2018.  The SEED is a 6.9 square mile area that includes the previous Enterprise Zone which was focused along the Pennsylvania Central Railroad industrial corridor just south of downtown.  The SEED expands the original 3.9 square mile zone to include Fort Wayne's urban corridors including portions of North Anthony, Broadway, South Calhoun, South Coliseum, Fairfield, Goshen, West Main, East Washington, and Wells which have been identified as areas important to fostering entrepreneurial activities.

As supported by State legislation, the UEA requires SEED businesses to share a percentage of their tax savings with the UEA to fund projects related to entrepreneurship, small business development, technology development and innovation.

Registration with the Urban Enterprise Association

The Indiana General Assembly requires each SEED business to register on a yearly basis. This registration provides information regarding tax savings and investment needed to ensure business eligibility. 

Each SEED business claiming a tax credit or exemption must file an Enterprise Zone Business Registration form (EZB-R) with their local UEA by June 1 of each year.  For any business whose total tax savings are greater than $1,000, a registration fee equal to one percent of those savings will be due with that registration.  Failure to file the registration form by June 1 of each year will result in disqualification from zone benefits.  Disqualified businesses can petition for reinstatement by sending a Petition for Business Reinstatement along with a $100 filing fee to the IEDC.  

If an enterprise zone business cannot submit the EZB-R by June 1, it must apply for an extension to the IEDC utilizing form EZB-E.  If an extension is approved, the EZB-R registration form and fees must be electronically filed no later than July 15. 

Eligibility Restrictions

In general, where a business “substantially” reduces its operations or ceases operation at other locations in Indiana in order to relocate in an Indiana Enterprise Zone, the business is not eligible for zone benefits. A “substantial” reduction is a reduction of 25 percent of the average number of goods manufactured, or in the value of services provided, or in the amount of gross income in the year preceding relocation in the EZ and the year following relocation in the EZ, or the lower of a reduction in the average number of employees by 100 or 25 percent, or a 10 percent reduction in the value of stored inventory. For purposes of the substantial reduction test, the 12 month period prior to locating in the EZ should be compared to the 12 month period after locating in the EZ.

EXCEPTIONS: A business may still be eligible for zone benefits if relocation was necessitated by a loss of lease, the unavailability of space to accommodate planned expansion, destruction of the building, or certification that the building is uninhabitable. A business would also qualify for zone benefits if renovation and construction costs at the non-zone location are one and one-half times the cost of purchase, renovation and construction of a facility in an enterprise zone.