Diversity and steady growth have long been the hallmarks of the Indianapolis economy and have been the foundation of Indy's strong performance during the last five years. Indianapolis can boast of diverse strengths in the manufacturing, distribution, retail and service sectors. Economic diversity keeps Indy on a steady growth track and away from the boom and bust cycles experienced by many U.S. cities. In a nutshell, the business climate in Indy can be described as friendly to business, hostile to red tape and taxes and alive with opportunity.

Indianapolis-based businesses — as well as companies that wish to move to Indy — can call on two local organizations for assistance and expertise. Chief among these is The Indy Partnership, a group that works to attract new businesses to Indianapolis and also provides services to businesses already in central Indiana. Economic development professionals with The Indy Partnership survey existing businesses in search of those that need assistance with expansion plans, employee training and other needs.

A second group, the Indianapolis Regional Small Business Development Center, helps meet the management and technical needs of emerging businesses that have existed less than 10 years.