Infinite AI Awarded Grants from the Indiana Economic Development Corporation (IEDC)

Infinite AI, Inc. announced that it has been awarded a grant by the Indiana Economic Development Corporation ("IEDC"). The IEDC will offer a grant of up to $125,000 for training the company's eligible, Indiana resident employees for a 2-year period.

The IEDC is also offering a grant of up to $1,650,000 in Economic Development for a Growing Economy ("EDGE") tax credits over a 10-year period. This is based on the creation of 100 new full-time positions for Indiana resident employees by 2018.