Indiana Economic Development Corporation

Indiana Economic Development Corporation The Indiana Economic Development Corporation is the state's lead economic development agency.

The Indiana Economic Development Corporation (IEDC) leads the state of Indiana's economic development efforts, helping businesses launch, grow and locate in the state. 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.

Yesterday, IEDC President Josh Richardson spoke at the Bloomington Economic Development Corporation (BEDC) State of the ...
06/19/2026

Yesterday, IEDC President Josh Richardson spoke at the Bloomington Economic Development Corporation (BEDC) State of the Bloomington Regional Economy event, highlighting the powerful momentum behind Indiana's business retention, expansion and attraction efforts.

The event brought together business and community leaders from across the region, including Executive Director, Indiana Business Research Center and Clinical Professor of Business Economics for the Kelley School of Business Phillip Powell, who shared valuable insights into emerging economic indicators, industry trends, workforce dynamics and strategic opportunities shaping the region.

Conversations shared yesterday underscored the strength of the Bloomington regional economy and offered a glimpse at its innovative future.

IEDC will host a webinar on Wednesday, June 24 from 10–11 a.m. EDT to help communities, partners, and interested organiz...
06/18/2026

IEDC will host a webinar on Wednesday, June 24 from 10–11 a.m. EDT to help communities, partners, and interested organizations better understand the Opportunity Zone program and nomination process.

Please join IEDC staff, along with experts from the Economic Innovation Group and Pathemy Strategies, for a session covering:
- An overview of Opportunity Zones
- How Opportunity Zones can benefit local communities
- How Opportunity Zones will be selected
- Q&A

Whether you work in economic development, local government, real estate, community planning, or as an investor, we invite you to join us for this discussion.

Registration link: 40cd3dc4-6a5c-42fd-8b8d-9cb035193984@2199bfba-a409-4f13-b0c4-18b45933d88d" rel="ugc" target="_blank">https://events.gcc.teams.microsoft.com/event/40cd3dc4-6a5c-42fd-8b8d-9cb035193984@2199bfba-a409-4f13-b0c4-18b45933d88d

We look forward to connecting with you next week!

Amazon Web Services recently celebrated the ribbon cutting of their Campus Administration Building (CAB) with IEDC's EVP...
06/18/2026

Amazon Web Services recently celebrated the ribbon cutting of their Campus Administration Building (CAB) with IEDC's EVP of Workforce and Talent Tony Denhart, Director of Business Retention & Expansion North Stephanie Kabel and VP of Workforce and Talent Kim Brant in St. Joseph County, Indiana.

The event included a tour of CAB showcasing world-class training equipment, and a celebration of Amazon's Work Based Learning Program's first class of graduates.

Built to provide skills training for 50 million people worldwide, AWS's $2.5 billion investment into the program will help power Indiana's digital economy for years to come.

IEDC's Director of Business Retention and Expansion North Stephanie Kabel recently met with our partners at:📍Forest Rive...
06/17/2026

IEDC's Director of Business Retention and Expansion North Stephanie Kabel recently met with our partners at:

📍Forest River (Auburn, IN) - One of the largest RV and commercial vehicle manufacturers in North America with over 100 facilities across Indiana and other states.

📍Rathburn Precision Manufacturing (Auburn, IN) - Delivering innovative solutions with precision turned components for customers in a wide variety of industry sectors.

Stephanie held meaningful conversations with company leaders, exploring innovative ways these businesses can strengthen their operations, accelerate growth, and position themselves for lasting success.

Thank you for welcoming us!

IEDC was proud to partner with Northwest Indiana Forum last week at Fair Oaks Farms, as part of the Trusted Advisors and...
06/16/2026

IEDC was proud to partner with Northwest Indiana Forum last week at Fair Oaks Farms, as part of the Trusted Advisors and Connectors series of events happening across Indiana.

This powerful series, organized by IEDC's Vice President, Business Retention & Expansions Linda Walczak, connects businesses with the tools and resources they need to grow. Last week's event focused on advancing ag-tech, entrepreneurship and resources for Hoosier farmers and ag businesses.

In a panel discussion, IEDC's Director of Business Retention and Expansion North Stephanie Kabel spoke about how Indiana can support the next generation of innovation and its ag-tech ecosystem. We would like to offer a special thank‑you to Heather Ennis and the Northwest Indiana Forum for helping bring together such a strong group of leaders and partners.

Events like this reinforce the power of collaboration — connecting statewide partners, regional leaders, and industry innovators to accelerate growth across Indiana’s agricultural economy.

Stay tuned for highlights from the next Trusted Advisors and Connectors event!

⛳ Evansville is teed up for another win!Yesterday, the city celebrated the groundbreaking of TaylorMade Golf Co.'s new N...
06/10/2026

⛳ Evansville is teed up for another win!

Yesterday, the city celebrated the groundbreaking of TaylorMade Golf Co.'s new North American Distribution Center.

Joined by Indiana Governor Mike Braun, representatives from the state, Evansville Regional Economic Partnership and Vanderburgh County, the company announced a multimillion-dollar investment to grow its operations with a new, built-to-suit facility, creating up to 50 new jobs.

“Today is a great day for southwest Indiana as we celebrate this expansion for TaylorMade Golf and Sun Day Red here in Vanderburgh County,” said Governor Braun. “This growth is a testament to the trust companies place in Hoosiers to deliver premier, top-quality brands — and most importantly, it will create new, high-paying job opportunities for workers.”

An industry-leading manufacturer of high-performance golf equipment, TaylorMade Golf Co. established its warehouse and distribution operations in Evansville in 2017. Its expansion will allow the company to support increased demand for its products around the world.

Indiana’s Opportunity Zone (OZ) 2.0 nomination process is officially open! The program encourages investment in Opportun...
06/09/2026

Indiana’s Opportunity Zone (OZ) 2.0 nomination process is officially open!

The program encourages investment in Opportunity Zones by offering federal capital gains tax incentives for those who invest eligible capital through Qualified Opportunity Funds.

The incentives are available to cities, counties, economic development organizations, READI regions, developers, investors and other community partners who impact long-term economic growth, attract private investment and align federal tax incentives with regional development priorities.

Visit our public nomination portal to submit recommendations. Be sure to review the eligibility map and submission guidance available online to prepare meaningful submissions.

🗓️ Expected Timeline for Opportunity Zone 2.0 Nomination Process:
- June 3: Nomination portal opens
- June – July 17: Public nomination period open
- July – August: State review, evaluation and cross-agency deliberations
- September 25: Final census tract nominations submitted for federal certification

Public Portal: https://iedc.in.gov/program/indiana-opportunity-zones/overview

Please reach out to [email protected] with any questions.

Great news for Evansville!Governor Mike Braun today announced that Bridge Advisors — a community-focused, modern account...
06/08/2026

Great news for Evansville!

Governor Mike Braun today announced that Bridge Advisors — a community-focused, modern accounting and advisory firm backed by eFund — will invest $2.5 million to expand its operations in Evansville, Indiana. The company will create up to 75 new jobs by the end of 2030, with wages significantly higher than the Vanderburgh County average.

Based on the firm's job-creation plans, IEDC has committed to invest up to $1.209 million in incentive-based tax credits for the project. These incentives are performance-based, meaning the company is eligible to claim state benefits once investments are made and jobs are created.

Batesville, Indiana celebrated the opening of the new Batesville Memorial Public Library Arts & Innovation HUB with a ri...
06/05/2026

Batesville, Indiana celebrated the opening of the new Batesville Memorial Public Library Arts & Innovation HUB with a ribbon cutting ceremony this week.

The facility features:
- Modern meeting rooms and collaborative workspaces
- A makerspace with a laser cutter, 3D printer and more
- Additional reading and study spaces
- An event space for up to 200 people
- Fun outdoor areas
- A creative studio with audio and video recording space and more

Designed to foster creativity, teamwork, and lifelong learning, the HUB creates new opportunities for students and residents to engage with the community through STEM, the arts, and collaborative projects.

Supported by a $2 million READI 2.0 grant, along with local funding and generous community and foundation contributions, this project represents a meaningful investment in Batesville's future.

Proud to see Indiana regions creating vital community assets and excited to see the project's impact.

📈Another win for Hoosier business growth!Today, Governor Mike Braun announced that one of the world's largest active fun...
06/04/2026

📈Another win for Hoosier business growth!

Today, Governor Mike Braun announced that one of the world's largest active fund managers will expand its operations in Carmel, Indiana.

Capital Group will invest $13.5 million in the expansion, creating 200 new, high-wage jobs by the end of 2028. The company lauded the strength of the local community and the exceptional talent in the Indianapolis area that has supported its success for more than 30 years.

"Indiana is the perfect destination to support Capital Group’s growth now and for years to come,” said Governor Mike Braun. “Thanks to our state’s logistical advantages and a collaborative commitment to vibrant, livable communities, Indiana is retaining and attracting an impressive ecosystem of skilled talent. Capital Group’s expansion will create hundreds of new, high-wage career opportunities, and we look forward to the company’s continued partnership in accelerating job growth for Hoosiers.”

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Indianapolis, IN
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