Tourism Capital Development Fund

Unique among Indiana’s destination marketing organizations is SoIN Tourism’s Capital Development Fund, which is used to retire debt in the form of municipal bonds. These bonds are held by our city, town or county partners. The bonds act as seed money for public and private investment in tourism projects within Clark and Floyd counties.

Applying for Funds

The application period for 2025 has closed. Check back periodically for updates. Awards granted range from $100,000 to $250,000. To apply, please download the following forms and use the included instructions to submit the application:

• Cover Memo & Instructions
• Application (choose one)
  • PDF
  • Online Form
• Scoring Sheet (for reference)

Past Recipients

The TCDF program has been in place since 1984 when the Indiana General Assembly enacted an innkeeper’s tax to support marketing Clark and Floyd counties to visitors. The tax included 1% earmarked for capital projects that help to attract visitors. That percentage increased to 1.5% in 2019. Since its inception, the program has awarded nearly $10.5 million to projects in Clark and Floyd counties.

View Past Recipients

If you have any questions about the Tourism Capital Development Fund, please email Jim Epperson at Jim@GoSoIN.com.