News release from Indiana Economic Development Corporation
INDIANAPOLIS (Aug. 2, 2021) – Governor Eric J. Holcomb today announced an extended submission deadline for the Regional Economic Acceleration and Development Initiative (READI), providing regions an additional 30 days to submit proposals – now due on or before Sept. 30, 2021.
Each of the regions spanning participation across 91 counties will continue working to collaborate and develop bold, strategic plans to accelerate small- and large-scale growth within their communities and work to secure matching funds through the state’s $500 million initiative. Regions may be further refined or consolidated in the coming weeks.
Proposals will be reviewed throughout October and November, and first round investment decisions will be made and announced in December. More information, including answers to frequently asked questions and a map of all the identified regions, is available at IndianaREADI.com.
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov.