economic development Archives - Page 2 of 3 - Indiana Chamber of Commerce

Indiana Chamber Reacts to ‘State of State,’ Seeks Meaningful Opportunities to Work Together and Move State Ahead

(INDIANAPOLIS) — The Indiana Chamber of Commerce reacts to Governor Holcomb’s remarks in his final State of the State address this evening. Indiana Chamber President and CEO Vanessa Green Sinders: “The Indiana Chamber couldn’t be more excited about and in agreement with several of the themes that emerged from the Governor’s remarks: encouraging collaboration from all sectors, embracing change [...]

Matt Ottinger2024-07-02T10:08:58-04:00January 9th, 2024|

READI 2.0 to Boost Capital Projects, Infrastructure and More

READI 2.0 to Boost Capital Projects, Infrastructure and More

There was a great deal of buzz this year about the Regional Economic Acceleration and Development Initiative (READI). It wasn’t if the General Assembly would allocate funds for another round of the program, but rather how much. In the end, lawmakers earmarked $500 million for what they’re calling READI 2.0. After the rosy April revenue forecast, some bill watchers [...]

Matt Ottinger2023-06-02T14:08:45-04:00June 2nd, 2023|

Boone EDC Partners with Mainvest to Spur Community Investment in Small Businesses

LEBANON - The Boone County Economic Development Corporation (Boone EDC) has partnered with Mainvest, an investment platform enabling small businesses to harness community investment to fuel their growth. The two organizations have launched “Investing in Boone County” a program to enable individuals to become investors in Boone County’s small business community, providing local entrepreneurs with the capital they need [...]

Matt Ottinger2024-03-18T16:48:24-04:00May 31st, 2023|

Governor Touts Record-Breaking Year for Economic Development

Governor Touts Record-Breaking Year for Economic Development

Gov. Eric Holcomb recently announced another record-breaking year for economic development in Indiana. In a statement released by his office, Holcomb noted that 218 companies committed to locate or expand in Indiana, investing more than $22.2 billion in their operations and creating 24,059 new jobs. “Indiana’s economy is firing on all cylinders,” he says. “These investments and job commitments [...]

Matt Ottinger2022-12-20T09:31:17-05:00December 20th, 2022|

Our VP Adam Berry Touts Senate Bill 4 to Benefit Workforce

Our VP Adam Berry Touts Senate Bill 4 to Benefit Workforce

https://www.youtube.com/watch?v=qjFS1rjASUY Our VP Adam Berry discusses the importance of Senate Bill 4 (authored by Sens. Travis Holdman and Jeff Raatz) in boosting workforce recruitment and retention efforts. The Chamber believes this will help give our communities the resources to attract talent and leave a lasting economic impact. Learn more about the bill: Senate Bill 4 - Local workforce recruiting [...]

Matt Ottinger2022-01-26T12:40:36-05:00January 20th, 2022|

$500 Million Awarded to Indiana Regions Through READI Program

$500 Million Awarded to Indiana Regions Through READI Program

State leaders approved plans last week to award $500 million to support regional development plans across 17 regions representing all 92 counties. This competitive process considered applications for the Indiana Regional Economic Acceleration and Development Initiative (READI). The total requests tripled the allocated $500 million READI budget as submissions from the 17 regions amounted to more than $1.5 billion [...]

Matt Ottinger2021-12-23T09:44:52-05:00December 23rd, 2021|

Key Economic Development Items to Watch as Budget Bill Takes Final Shape

Key Economic Development Items to Watch as Budget Bill Takes Final Shape

Venture Capital Investment (VCI) tax credit expansion – The Indiana Chamber has long advocated for the expansion of the VCI tax credit; including increasing the “cap” beyond $12.5 million, increasing the percentage of the investor’s credit beyond 20% and incentivizing investments into venture funds. Both the House and Senate passed versions indicate that we are on the precipice of accomplishing [...]

Rebecca Patrick2021-04-16T13:59:16-04:00April 16th, 2021|

TECH TALK: Innovating and Investing Across Indiana

TECH TALK: Innovating and Investing Across Indiana

The Pike County Tech Center is scheduled to open this month. The Entrepreneurship & Technology Center is the result of more than three years of planning and securing a $2 million grant from the federal Economic Development Administration. Indiana needs more rural investment in innovation and entrepreneurship. The IEDC provides information about start-up and entrepreneurial opportunities, as well as locations [...]

Matt Ottinger2021-01-28T08:11:42-05:00January 28th, 2021|

Regional Quality of Place Pilot Holds Promise; Work to Do in Other Economic Development Areas

Regional Quality of Place Pilot Holds Promise; Work to Do in Other Economic Development Areas

By Adam H. Berry, vice president of economic development and technology For all that we do well to make Indiana business friendly, there is still a lot that needs done to improve our overall quality of place metrics. Indiana ranks in the bottom half of states in per capita income, high school graduation rate, access to high speed broadband, [...]

Rebecca Patrick2020-03-27T15:39:03-04:00March 27th, 2020|

Ways and Means Committee Amends, Passes Central Indiana Regional Development Bill

Ways and Means Committee Amends, Passes Central Indiana Regional Development Bill

SB 350 – Central Indiana Regional Development Authority Authored by Sen. Travis Holdman (R-Markle) Sponsored by Rep. Timothy Brown (R-Crawfordsville) Authorize counties and municipalities within the Indianapolis metropolitan area to establish a central Indiana regional development authority pilot that will sunset on July 1, 2025. Requires counties and municipalities that wish to establish the development authority to adopt substantially [...]

Rebecca Patrick2020-02-28T13:14:46-05:00February 28th, 2020|

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