BEGIN:VCALENDAR VERSION:2.0 PRODID:icalendar-ruby CALSCALE:GREGORIAN X-WR-CALNAME:[IEDC] Gov. Holcomb Awards $500 Million to Indiana READI Regio ns in Uniquely Innovative\, Nationally Recognized Program X-WR-TIMEZONE:Indiana (East) BEGIN:VEVENT DTSTAMP:20260614T095030Z UID:tag:localist.com\,2008:EventInstance_38632310438193 DTSTART;VALUE=DATE:20211214 DESCRIPTION:State commits to partnering with all 17 regions representing 92 counties to advance quality of life and talent attraction with largest in vestment in state history\n\nINDIANAPOLIS (Dec. 14\, 2021) – Governor Er ic J. Holcomb\, Secretary of Commerce Brad Chambers and the Indiana Econom ic Development Corporation (IEDC) Board of Directors approved plans today to award $500 million to support regional development plans across 17 regi ons representing all 92 counties. This competitive process considered appl ications for the Indiana Regional Economic Acceleration and Development In itiative (READI). The total requests tripled the allocated $500 million RE ADI budget\, as submissions from the 17 regions amounted to more than $1.5 billion in demand and detailed nearly 800 projects and programs with a po tential investment of $15.2 billion.\n\n“The seventeen regions submitted innovative\, creative and visionary projects that will result in a positi ve economic impact on Indiana’s future\,” said Gov. Holcomb. “It too k immense collaboration between communities as they put aside their own vi sions and worked together to present the best plan for the region. These p lans will shape Indiana for generations to come and bring value to our sta te like nothing we’ve witnessed before. I want to thank the general asse mbly for having the courage and leadership to prioritize this initiative. ”\n\nThe READI review committee\, an external seven-member citizen commi ttee\, reviewed and scored the plans based on the established guidelines a nd against other relevant data\, including historical population trends. A ll 17 regions presented to the external review committee\, allowing each r egion to present an overview of its plan to distill its vision\, goals and strategies to positively impact the area’s quality of place\, innovatio n\, entrepreneurship\, talent attraction and workforce development. Follow ing the evaluation\, the READI review committee members proposed funding r ecommendations to the IEDC Board of Directors. \n\n“Congratulations to t he seventeen regional recipients who worked so hard for their communities. We’ve been impressed by their hard work and commitment to positively im pacting the state” said Indiana Secretary of Commerce Brad Chambers. “ Thank you also to the citizen-members of the external review committee for their diligent work in meticulously reviewing thousands of pages of propo sals. This bold initiative sets the national standard for regional develop ment and advancement and will build even more momentum as Indiana continue s to lead.” \n\nThe regional development plans included housing\, trails \, broadband\, childcare and wellness initiatives\, workforce development programs\, and telling Indiana’s story to the world. The plans enumerate d a nearly 10:1 capitalization leverage ratio from private and public sour ces as compared to state investment.\n\nThe regions\, with the counties th e region represents\, and its specific award are: \n\n180 Alliance – aw arded $20 million\nBoone\, Hendricks\, Johnson\, Putnam\, Montgomery\, Mor gan\n 70-40 Mt. Comfort Corridor – awarded $5 million\nHancock\n Acceler ate Rural Indiana – awarded $20 million\nShelby\, Rush\, Decatur\, City of Batesville \n East Central Indiana Regional Partnership – awarded $15 million\nBlackford\, Fayette\, Muncie-Delaware\, Jay\, Henry\, Randolph\, Wayne\, Grant\n Greater Lafayette – awarded $30 million\nTippecanoe\, F ountain\, Warren\, Benton\, White\, Carroll\n Indiana First – awarded $1 5 million\nHarrison\, Knox\, Perry\, Pike\, Spencer\n Indiana Uplands – awarded $30 million\nBrown\, Crawford\, Daviess\, Dubois\, Greene\, Lawren ce\, Martin\, Monroe\, Orange\, Owen\, Washington\n North Central Indiana Regional Planning Council – awarded $30 million\nFulton\, Cass\, Miami\, Howard\, Tipton\, Clinton\n Northeast Indiana\, led by the Northeast Indi ana RDA – awarded $50 million\nDeKalb\, Lagrange\, Steuben\, Noble\, Kos ciusko\, Whitley\, Allen\, Wabash\, Huntington\, Wells\, AdamsNorthwest In diana\, led by the Northwest Indiana Forum – awarded $50 million\nLake\, Porter\, Laporte\, Starke\, Pulaksi\, Jasper\, Newton\n Our Southern Indi ana RDA – awarded $50 million \nWashington\, Floyd\, Scott\, Jefferson\, Clark\n South Bend-Elkhart RDA– awarded $50 million\nSt. Joseph\, Elkha rt\, Marshall\n South Central Indiana Talent Region – awarded $30 millio n\nBartholomew\, Jackson\, Jennings\n Southeast Indiana READI – awarded $15 million\nDearborn\, Union\, Franklin\, Ripley\, Ohio\, Switzerland\n S outhwest Indiana Regional Development Authority – awarded $50 million\nV anderburgh\, Warrick\, Gibson\, Posey\n Wabash River Regional Development Authority – awarded $20 million\nClay\, Knox\, Parke\, Sullivan\, Vermil lion\, Vigo\n White River Regional Opportunity Initiative – awarded $20 million\nHamilton\, Marion\, Madison\, City of Zionsville\, City of McCord svilleThe IEDC will begin to execute grant agreements with regions while p roviding training and guidance on federal requirements. Regional leadershi p will collaborate with the IEDC to prioritize projects and maximize inves tment. \n\nLaunched by Gov. Holcomb and led by the IEDC\, READI builds on the framework and successes of the Indiana Regional Cities Initiative and the 21st Century Talent Initiative\, encouraging regional collaboration an d data-driven\, long-term planning that\, when implemented\, will attract and retain talent in Indiana. The $500 million READI fund was passed by le gislation during the 2021 session.\n\n \n\nMore information on the READI r eview committee\, as well as links to download each region’s proposal an d presentation\, is available at IndianaREADI.com. LOCATION: SUMMARY:[IEDC] Gov. Holcomb Awards $500 Million to Indiana READI Regions in Uniquely Innovative\, Nationally Recognized Program URL;VALUE=URI:https://events.in.gov/event/iedc_gov_holcomb_awards_500_milli on_to_indiana_readi_regions_in_uniquely_innovative_nationally_recognized_p rogram CATEGORIES:Press Releases END:VEVENT END:VCALENDAR