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INDIANAPOLIS, IN – October 2025 – The Indiana Economic Development Association (IEDA) today unveiled a concise new brand identity and visual system designed to reflect its unique role as the trusted, collaborative champion for economic development professionals statewide. Anchored by the powerful core promise: "One State, Many Voices," the rebrand emphasizes IEDA's commitment to convening diverse perspectives, driving opportunity in every corner of the state, and empowering its members through an Approachable, Inclusive, Confident, and Supportive framework. This new look and message is effective immediately, ensuring greater clarity and impact as we advance the collective mission of prosperity for all Hoosiers.
NEWS RELEASE
This report presents the findings of an online survey conducted in March 2025 among LEDO/REDO members of the Indiana Economic Development Association (IEDA). This initiative was a collaboration between Purdue University’s Office of Engagement, the Purdue Center for Regional Development, and the IEDA. The survey aimed to collect annual data from IEDA LEDO/REDO members regarding their staffing, budgets, economic development activities and priorities, as well as emerging issues and opportunities.
Following the removal of duplicates, 58 valid responses were analyzed. This represents 47% of those invited to participate. Individual responses are not disclosed in this report. The survey inquired about activities undertaken during the 2024 calendar year.
The key findings offer insights into the characteristics and operations of the responding organizations. A majority identified as public-private partnerships, and the largest segment reported annual operating budgets between $250,000 and $499,999. The survey also gathered information on strategic planning, regional affiliations, staffing levels, and perceptions of support and collaboration. Furthermore, it explored the allocation of effort across different types of projects, the reported impact in terms of RFPs, job creation, and investment, the primary challenges encountered, and areas of interest for professional development, including perspectives on the READI initiative. The subsequent sections will provide a more detailed analysis of these results.
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We are excited to share an important initiative that will help shape the future of the Indiana Economic Development Association (IEDA) and its Foundation (IEDAF). As part of our ongoing commitment to enhancing economic development in Indiana, we are launching a Brand Audit and Positioning Strategy initiative to refine our identity, expand our reach, and increase our impact.
Why This Matters
IEDA has long been a trusted advocate for economic development across Indiana, representing a broad network of LEDOs, REDOs, businesses, consultants and institutions. However, as the landscape of economic development evolves, we recognize the need to refresh our brand—to ensure we communicate our value effectively, attract new members and sponsors, and engage underrepresented sectors.
Similarly, we aim to position the IEDA Foundation (IEDAF) for greater contributions in education, research and community development. Through this effort we will clarify the Foundation’s unique mission, strengthen its fundraising efforts and create a brand identity that complements IEDA.
Project Goals
This initiative will help us:
✅ Enhance IEDA’s brand identity to better represent our growing and diverse membership. ✅ Develop a clear and compelling value proposition that resonates with new and existing stakeholders. ✅ Design a strong, recognizable brand for the IEDA Foundation, ensuring it reaches its full potential. ✅ Improve engagement with a wider range of industries, including broadband providers, higher education, workforce development, healthcare, tourism, tech, and more.
✅ Enhance IEDA’s brand identity to better represent our growing and diverse membership.
✅ Develop a clear and compelling value proposition that resonates with new and existing stakeholders.
✅ Design a strong, recognizable brand for the IEDA Foundation, ensuring it reaches its full potential.
✅ Improve engagement with a wider range of industries, including broadband providers, higher education, workforce development, healthcare, tourism, tech, and more.
What’s Next?
We are inviting proposals from experienced branding firms to lead this transformation. The selected partner will conduct research, engage stakeholders, develop messaging strategies, and design new visual identities for both IEDA and IEDAF.
The project will be completed by August 2025, with an official unveiling at our Summer Conference in Indianapolis.
How You Can Help
We value your input and look forward to engaging with you throughout this process. In the meantime, please amplify the news of this project within your networks and share the RFP with quality vendors you know.
Thank you for being part of this exciting journey to strengthen and elevate IEDA’s impact across Indiana!
At the December 2024 conference, a panel of experts convened to discuss the critical factors in attracting and supporting energy-intensive industries, such as data centers and large-scale manufacturing facilities. This session explored how economic developers can position their communities as prime locations for these high-impact projects while prioritizing community interests and maximizing economic benefits. The panel included Rick Hall, Partner at Barnes & Thornburg, Devin Hillsdon-Smith, Director of Integrated Site Selection – Industrial at Cushman & Wakefield, and Jonathan Leist, Director of Community Development for the City of Fort Wayne. Moderating the discussion was Jeff Quyle, President/CEO of Radius Indiana.
PLAINFIELD, Ind. – The Duke Energy Foundation and the Indiana Economic Development Association Foundation are committing $150,000 in grant funding to support organizations and projects focused on improving access to affordable child care in Indiana communities.
The new round of grants follows more than $100,000 in funding awarded through the foundations last year to five organizations in Indiana working to close the child care gap in new and innovative ways.
“Inadequate access to high-quality, affordable child care not only creates significant barriers for parents and caretakers to participate and advance in the workforce, but also costs employers in lost productivity and employee retention,” said Erin Schneider, managing director of economic development at Duke Energy. “We know that Indiana’s child care challenges are complex and we hope these grant funds will help communities and employers develop solutions needed to support working parents and the state’s economy.”
State and local government entities, local and regional economic development agencies, and public and private nonprofit organizations are eligible to apply for grants up to $40,000. To be considered, applicants must submit their grant proposal to the Indiana Economic Development Association by Jan. 31, 2025. Awards will be announced in March 2025. For a full description of the grant program, including requirements, eligibility and scoring criteria, visit ieda.org/foundation.
“Hoosier families, businesses and communities all feel the burden of insufficient child care options,” said Matt Kavgian, executive director of the Indiana Economic Development Association. “Making sure that working parents have access to affordable, quality child care will have long-term benefits for Indiana’s prosperity and economic competitiveness.”
The Indiana Chamber of Commerce recently released a report examining the impact of child care challenges on Indiana’s economy. The study found that Indiana loses out on an estimated $4.22 billion annually for the state’s economy, including a $1.17 billion annual loss in tax revenue, due to shortfalls in child care. According to the report, only 61% of children needing care statewide can be served through existing capacity.
The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.
Supporting the economic development profession, the Indiana Economic Development Association Foundation provides scholarships and other support to tomorrow’s economic development leaders.
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The IEDA Board and Legislative Committee has approved its legislative agenda for 2025, outlining a comprehensive strategy to drive economic growth, enhance quality of life, and strengthen Indiana’s position as a leading state for business and innovation.
Key Priorities for 2025
The agenda focuses on three core areas:
The IEDA will work closely with lawmakers to advance these priorities and ensure that Indiana remains a top choice for businesses and individuals alike.
The Indiana Economic Development Association Foundation (IEDAF) today announced the release of a comprehensive study, “Best Practices for Attracting Talent,” that provides valuable insights and recommendations for communities seeking to attract and retain top talent.
The study, conducted in partnership with the Indiana Economic Development Association (IEDA), explores a range of strategies and initiatives implemented by communities across the United States to successfully attract and retain talent. Key areas of focus include childcare initiatives, place-based grants and incentives, and sector-based efforts.
“This study offers invaluable guidance for Indiana communities seeking to enhance their competitiveness and economic growth,” said Matt Kavgian, Executive Director at the Indiana Economic Development Association Foundation. “By understanding and implementing best practices identified in the study, we can create a more attractive environment for talent and foster economic development throughout the state.”
The study's findings and recommendations are designed to assist communities in:
STUDY
The IDEAF and IDEA wish to thank the numerous community-minded sponsors whose generosity made this study possible.
Get ready to celebrate! The IEDA Board of Directors is thrilled to introduce Matt Kavgian as our new Executive Director!
Matt brings a wealth of experience in strategic communications, branding, and leadership to the IEDA. While his knowledge base lies outside of economic development, he possesses a strong foundation for success. Throughout his career, he's consistently demonstrated a passion for learning, building relationships, and developing winning strategies.
Matt's Eager to Learn from You!
Matt approaches this role with a spirit of collaboration and a deep respect for your expertise. He's committed to meeting as many IEDA members as possible and learning from your experiences in economic development.
Together, We'll Shape IEDA's Future!
Through open communication and teamwork, Matt will develop a shared vision and plan for IEDA's future. There's no doubt that by combining Matt's strategic skills with your guidance, we can achieve incredible things together.
After five weeks with the IEDA, Alan Tio has decided to pursue a new opportunity leading business development at the South Bend International Airport. While we're disappointed to see him go, we fully support Alan’s decision and wish him the very best.
This may come as unexpected news, and we want to assure you of the IEDA's unwavering commitment to our mission – empowering our members and driving economic growth across Indiana. The board, along with our dedicated staff, is fully invested in ensuring a smooth transition.
We haven't yet established a specific timeframe for appointing a new executive director. However, we're actively reviewing strong candidates. In the interim, our experienced team will seamlessly continue their outstanding work, guaranteeing ongoing initiatives maintain their momentum.
Transparency and open communication are core values at the IEDA. We know questions might arise, and we encourage you to reach out. Please don't hesitate to contact myself or any board member to share your thoughts or concerns.
The landscape of economic development is brimming with exciting opportunities. While challenges may appear, we will face them head-on, just as we always do, with the strength of our collective effort. Remember, our unity and resilience are the cornerstones of the IEDA spirit. When we stand together, we stand strong.
Thank you for your continued support!
Sincerely,
Erin Schneider IEDA Board Chair
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