Indiana's governor launches new program to attract economic growth

It dedicates $500 million in state appropriations to promote strategic investments. Communities will work together on programs and projects to keep and attract a workforce.

Posted: May 3, 2021 1:32 PM

Indiana Governor Eric Holcomb is launching a new initiative to attract talent and economic growth in the state.

On Monday, the governor announced the Indiana Regional Economic Acceleration and Development Initiative, or "READI."

It dedicates $500 million in state appropriations to promote strategic investments. Communities will work together on programs and projects to keep and attract a workforce.

The state Economic Development Corporation will be awarded to help with the plans.

May−July | Indiana communities define regions
Indiana counties, cities and towns are encouraged to coordinate and self-identify their proposed regions. During this time, the IEDC will host READI informational meetings across the state to detail the initiative and guidelines for regional development plans. Communities will have until July 1, 2021, to define their region and notify the IEDC of their intent to seek funding through READI.

July−August | Regions develop strategic plans
Regions will convene a broad, diverse group of stakeholders, including major employers and anchor institutions, education partners, economic development professionals, philanthropy partners, and its elected officials, to create a regional development plan that outlines the current state of the region, its vision for the future, and a game plan to invest in its growth and prosperity.

The IEDC will provide planning grants up to $50,000 to identified regions to support this effort, and regions will have until August 31, 2021, to submit regional development plans, which will be made available to the public. Detailed guidelines for regional development plans are available online at IndianaREADI.com.

September− October | Committee reviews regional applications
The IEDC board of directors will form a READI review committee to evaluate regional development plans. Each region will have the opportunity to present its vision, goals and strategies that will positively impact the area’s quality of place and quality of life, innovation, entrepreneurship, and talent attraction and development. The committee will establish criteria to evaluate plans and will host a series of review meetings that will be open to the public.

November−December | State finalizes funding decisions
The review committee will make funding recommendations to the IEDC board of directors. Once approved, the IEDC will award READI funding to selected regions to advance implementation of the projects and programs designed to catalyze economic growth and talent development in Indiana.

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Illinois Coronavirus Cases

(Widget updates once daily at 7 p.m. CT)

Cases: 1407929

Reported Deaths: 25834
CountyCasesDeaths
Cook56116810553
DuPage933531321
Will777131042
Lake689761025
Kane59918816
Winnebago34589523
Madison32075533
St. Clair29670526
McHenry29452299
Peoria23620346
Champaign21446158
Sangamon19474245
McLean18765194
Tazewell17406308
Rock Island15345329
Kankakee14715224
Kendall13432100
LaSalle12904253
Macon11121214
DeKalb10235122
Vermilion10162154
Adams9386128
Williamson7963138
Whiteside7241174
Boone691180
Ogle627584
Grundy603379
Clinton585893
Coles5838101
Knox5712157
Jackson537465
Henry512970
Macoupin493389
Livingston493192
Woodford490783
Stephenson487286
Effingham480474
Franklin478178
Marion4686117
Jefferson4613123
Monroe447894
Randolph427687
Lee422554
Morgan410092
Fulton409659
Logan404665
Christian392575
Bureau384187
Montgomery383074
Iroquois326668
Perry326661
Fayette325256
McDonough302651
Jersey276652
Saline267557
Douglas262736
Union244141
Lawrence243627
Shelby234938
Crawford216826
Bond211524
Cass209527
Carroll204337
Pike197153
Ford192050
Hancock190832
Clark189034
Warren186250
Wayne185953
Jo Daviess183324
Richland179640
Edgar178942
White176426
Washington167625
Moultrie166328
Mason162647
De Witt160629
Piatt154914
Clay152943
Johnson152516
Greene151434
Mercer151334
Wabash145212
Massac140440
Cumberland130919
Menard126912
Jasper116818
Marshall109519
Hamilton87816
Schuyler8067
Brown8006
Pulaski7337
Stark65625
Edwards62012
Calhoun5352
Henderson53414
Scott5011
Putnam4933
Alexander48511
Gallatin4774
Hardin39412
Pope3384
Unassigned582432
Out of IL30

Indiana Coronavirus Cases

(Widget updates once daily at 8 p.m. ET)

Cases: 764448

Reported Deaths: 13965
CountyCasesDeaths
Marion1049701803
Lake567981029
Allen42685698
St. Joseph37253568
Hamilton37131426
Elkhart29699470
Tippecanoe23347230
Vanderburgh23106404
Porter19538327
Johnson18755391
Hendricks18012321
Madison13463345
Clark13450198
Vigo12789255
LaPorte12533224
Monroe12494178
Delaware11100198
Howard10612237
Kosciusko9736123
Hancock8707149
Bartholomew8235157
Warrick8031157
Floyd7975181
Grant7337181
Wayne7222201
Boone7145105
Morgan6886142
Marshall6323116
Dubois6267118
Cass6083111
Dearborn598578
Noble595790
Henry5939111
Jackson514677
Shelby509097
Lawrence4901127
Gibson460696
Montgomery454492
Clinton453555
DeKalb451585
Harrison450576
Whitley414745
Huntington411781
Steuben409560
Miami404073
Jasper399455
Knox387091
Putnam383762
Wabash367383
Adams351656
Ripley350471
Jefferson340486
White338954
Daviess3084100
Wells302281
Greene292285
Decatur291493
Fayette285864
Posey280435
Scott278058
LaGrange276972
Clay273048
Washington252437
Randolph247083
Jennings238149
Spencer237531
Fountain233750
Starke229859
Owen221059
Sullivan219043
Fulton207645
Jay202832
Carroll196522
Orange190556
Perry189139
Vermillion179644
Rush177027
Franklin171635
Tipton171547
Parke153616
Pike141234
Blackford137832
Pulaski122948
Newton122436
Benton109215
Brown105743
Crawford105116
Martin92515
Warren87615
Switzerland8308
Union73510
Ohio58211
Unassigned0428