Tourism marketing, cash rewards used to recruit workers to Indiana
Indiana’s increased focus on economic development and upskilling its workforce for the microchip future is getting a boost from some non-traditional sources.
Economic Development
Articles
Proposed Citizens LEAP pipeline approved for $325M in state loans
The Indiana Finance Authority approved the loans to support the proposed extension of the Citizens Energy system to provide 25 million gallons of water per day to the LEAP Lebanon Innovation District and surrounding Boone County developments.
IEDC touts record $38.3B in committed investments so far this year
The IEDC said the investments include commitments to create more than 13,000 jobs with an average wage of $37.31 per hour—or about $77,604 annually.
Women-focused $98M sports campus in Indiana to include VIP leadership
The 120-acre project features the involvement of outgoing Indiana Fever President Allison Barber, former Fever star Tamika Catchings and Suzy Kolber, a former anchor and analyst for ESPN.
Southern Indiana microelectronics effort lands $9.5M DoD workforce contract
The contract will likely lead to K-12 microelectronics education and career awareness outreach, Ivy Tech Community College certifications, youth apprenticeship programming, and a regional education and training hub.
Candidates for governor want to seed job growth locally
IBJ asked Republican U.S. Sen. Mike Braun, Democrat Jennifer McCormick and Libertarian Donald Rainwater how they plan to approach economic development and job creation.
Report: Indiana tax system high for manufacturing, life sciences companies, but low for HQs
The Chamber of Commerce study found that Indiana’s total tax burden—state and local—has been consistently less than the U.S. average.
Houston tech company Ohana to relocate HQ to Indianapolis
The company, which plans to create more than 100 jobs over the next five years, could receive up to $3.5 million in conditional tax credits from the state if it meets hiring goals.
Holcomb, Zelenskyy to meet, talk partnership in Ukraine
Indiana Gov. Eric Holcomb is set to become the first U.S. governor to travel to the country since Russia’s invasion more than two years ago.
IEDC to lead trade delegation to Taiwan as state opens economic development office in Taipei
The IEDC said officials will attend SEMICON Taiwan from Sep. 4-6, an event hosted by the international industry association SEMI. That group is bringing an event called SEMIEXPO in the Heartland to Indiana in 2025.
Will Indiana’s next governor champion the LEAP district in Lebanon?
More than two years after Gov. Eric Holcomb’s Indiana Economic Development Corp. quietly disclosed plans for the 9,000-acre campus in Boone County, the endeavor’s future now largely depends on the guidance of the next governor.
Rally Roundup: Pro race driver closes conference with insights, advice
It was his skill at a race-themed video game that landed Jann Mardenborough in the real-life racing world—but once he got there, Mardenborough still had a lot to learn.
Holcomb traveling to Slovakia, Italy on economic development trip
Indiana Gov. Eric Holcomb so far this year has visited Australia, Singapore, Belgium, France, the Netherlands, Mexico, Brazil and Canada across four individual trade trips.
Rally innovation conference inspiring additional downtown events
Third-party organizations are planning about a dozen other events, from smaller conferences to happy hours, to capitalize on the momentum they expect Rally to generate.
State approves $50M in bond financing support for new LEAP pipeline proposal
The Citizens Energy and Lebanon Utilities project would supply the Eli Lilly and Co. manufacturing complex expansion, additional park tenants and new development in the city.
IEDC seeks $50M in state support for new LEAP pipeline bond financing
The Citizens Energy-Lebanon Utilities project is one of several water and wastewater improvement efforts around the state that could be funded through $500 million in bonds approved by the Indiana Finance Authority.
Carmel-based logistics firm plots exponential growth
Koola Logistics received approval from the Indiana Economic Development Corp. for $4.25 million in conditional EDGE tax credits to expand their payroll to 250 by the end of 2026.
I-69’s final connection to Indianapolis expected to boost Evansville’s economy
Business leaders say the large amount of land that can be developed north of Evansville along the interstate gives the city unlimited possibilities for growth and change.
Push for microchips could reshape Indiana’s economy
Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors.
Conexus launching network aimed at hardtech innovators
In a switch from its original focus, the Hardtech Innovators Network will seek to help those who actually do the hands-on design, engineering and innovation work at Indiana companies.