Wabash, Indiana beat thousands of other cities around the country and is now competing against just one other city-- Silverton, Oregon-- for the top prize.
A new study says small businesses may not see the same benefits as large companies in Indiana.
It is still unclear why IEDC has suspended the grant program.
State Senator Carlin Yoder, R-Middlebury, says small businesses are underrepresented at the statehouse, even though many lawmakers own their own businesses.
An IEDC report estimates more than 13,000 jobs will be created, but IEDC officials say economic concerns could lower the number of jobs actually created.
Democrats say the Republican's plan to push for right-to-work legislation will drive down wages.