Indiana Economic Development Association Updates from IEDA

STRENGTHENING OUR COLLECTIVE VOICE: IEDA ANNOUNCES 2026 LEADERSHIP

Jill Ewing — Tue, 20 Jan 2026 18:05:30 GMT

INDIANAPOLIS, IN – January 20, 2026 – At the Indiana Economic Development Association (IEDA) Annual Meeting this December, our community of practitioners came together not just to reflect on a year of progress, but to empower the leaders who will guide our shared mission forward.

We are proud to announce the election of our new Board Members and Officers for the upcoming year. These individuals represent the heart of Indiana’s economic development profession—bringing diverse expertise from urban centers to rural towns, all united by a single goal: creating opportunity for every Hoosier.

“The Indiana Economic Development Association has been a critical resource and catalyst for collaborative growth in the State of Indiana since 1968, and it is a distinct honor to serve my peers and state as Board Chair,” said the newly elected Board Chair, John Launius. “The IEDA, alongside a membership rich with expertise and experience, will continue to advocate, educate, and ensure statewide connectivity of economic development professionals and partners.”

Leading the Way Together

The following leaders were elected by the membership to serve as our advocates, mentors, and voices for 2026:

New Officers:

Chair: John Launius, One Southern Indiana
Vice Chair: Bethany Hartley, South Bend - Elkhart Regional Partnership
Secretary: Tenille Zartman, Grow Wabash County
Treasurer: Bryan Brackemyre, Indiana Municipal Power Agency

New Board Members:

Rachel Huser, Wabash Valley Power Alliance
Corey Murphy, New Castle Henry County Econ. Dev. Corp.
Chris Pfaff, Knox County Indiana Economic Development

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A Note from the IEDA

Economic development is more than just transactions; it’s about the people behind the progress. As Indiana’s only statewide association dedicated to this profession, IEDA serves as a "professional home" where practitioners find the credibility, belonging, and tools they need to thrive.

When our members are supported, their communities are stronger. We welcome these new leaders to the helm as we continue to share knowledge, influence policy, and invest in the leadership development that ensures long-term prosperity in every corner of our state.

About IEDA

Since 1968, the Indiana Economic Development Association (IEDA) has been the united voice for the people building Indiana’s future. Representing over 400 members across local organizations, agencies, and corporations, we are a member-driven network focused on connection and growth. We provide the training and advocacy that empower professionals to turn vision into reality.

Advancing Opportunity in Every Corner of Indiana

Jill Ewing — Tue, 06 Jan 2026 21:35:26 GMT

At the Indiana Economic Development Association (IEDA), we believe that Indiana’s progress is driven by the dedicated professionals working on the ground in every county, city, and town. As the state’s premier member-driven network for economic development, our mission is simple: to empower the leaders who build our communities.

We are pleased to share the IEDA Annual Legislative Agenda. This roadmap, developed by our Legislative Committee and approved by our Board of Directors, outlines our policy priorities for the upcoming legislative session.

More than just a document, this agenda represents a united professional voice. It serves as a bridge between local insight and state-level policy, ensuring that Indiana remains a place where businesses can grow and residents can flourish. By supporting the practitioners behind our state’s progress, we are investing in the long-term prosperity of every Hoosier.

We invite you to explore our priorities and join us in championing a stronger, more vibrant Indiana.

2026 LEGISLATIVE AGENDA

IEDA Launches Bold New Brand Identity!

Jill Ewing — Wed, 29 Oct 2025 15:58:09 GMT

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

State of Economic Development Organizations in Indiana

Jill Ewing — Wed, 14 May 2025 18:14:42 GMT

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.

FULL REPORT

Four Indiana nonprofits receive grants from Duke Energy Foundation, Indiana Economic Development Association Foundation to address workforce issue of affordable child care

Jill Ewing — Tue, 18 Mar 2025 19:29:44 GMT

Recipient organizations are working to close child care gap in Fulton, Hendricks, Martin, Monroe, and Putnam counties
Recent study shows Indiana loses out on an estimated $4.22 billion annually for the state’s economy due to child care challenges
Duke Energy Foundation has awarded $265,000 in grants to Indiana organizations since 2023

IEDA Brand Audit & Positioning Strategy

Jill Ewing — Thu, 13 Feb 2025 16:04:24 GMT

VIEW RFP

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.

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!

Powering the Future: Strategies for Attracting and Supporting Energy-Intensive Projects

Jill Ewing — Tue, 07 Jan 2025 14:25:53 GMT

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.

Foundations for Duke Energy, Indiana Economic Development Association commit $150,000 to improve community access to affordable child care

Jill Ewing — Mon, 18 Nov 2024 15:21:32 GMT

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.

Duke Energy Foundation

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.

Indiana Economic Development Association Foundation

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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IEDA Outlines 2025 Legislative Priorities

Jill Ewing — Thu, 14 Nov 2024 15:20:08 GMT

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:

Regional and Economic Development Tools
Human Capital, Reskilling, and Attraction
Infrastructure for an Advanced Economy

The IEDA will work closely with lawmakers to advance these priorities and ensure that Indiana remains a top choice for businesses and individuals alike.

VIEW AGENDA

Indiana Economic Development Association Foundation Releases Comprehensive Study on Talent Attraction Best Practices

Jill Ewing — Mon, 14 Oct 2024 15:33:47 GMT

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:

Improving childcare access: The study highlights the importance of affordable childcare in attracting talent and explores successful programs and policies implemented by other states.
Leveraging place-based investments: The study identifies innovative approaches for attracting talent through targeted investments in infrastructure, amenities, and quality of life.
Tailoring strategies to specific industries: The study provides guidance on developing sector-specific initiatives to meet the unique talent needs of different industries.

STUDY

The IDEAF and IDEA wish to thank the numerous community-minded sponsors whose generosity made this study possible.

Drumroll Please... IEDA's New Leader is Here: Matt Kavgian!

Jill Ewing — Mon, 24 Jun 2024 13:52:20 GMT

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.

Leadership Transition and Our Continued Commitment

Jill Ewing — Tue, 14 May 2024 13:37:57 GMT

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

VIEW JOB POSTING

Housing is critical infrastructure for Indiana economic development

Jill Ewing — Mon, 20 Nov 2023 20:32:15 GMT

Mark Fisher
Chief Executive Officer
Indiana Association of REALTORS®

In today’s talent-driven economy where workforce is often the top priority for corporate decision-makers, housing development goes hand-in-hand with economic development: Communities can’t compete (and companies can’t grow) if residents and recruits can’t find affordable, appealing places to live.

For Indiana, housing is a cost-of-living advantage that boosts state-level buying power: According to federal measurements of price parities across states and regions Hoosiers pay roughly 75 cents for every dollar of housing costs paid by the average American. (Indiana’s median home price passed $255,000 this summer, while the U.S. eclipsed $400,000.)

But this advantage can disappear. Indiana housing prices have outgrown the nation for the past five years. REALTORS®, homebuilders, economic development professionals and elected officials have to work together to ensure housing capacity keeps up with the demands created by new jobs and business investment.

One respondent to the latest Site Selection Magazine Site Selectors Survey (2023) gave a first-hand account: “Other than the metropolitan communities, most communities do not have the labor to accommodate a large production facility…Unfortunately, almost every metropolitan community has a significant housing shortage, which is greatly skewing the labor market.”

Indiana’s housing shortage is actually more acute than most parts of the country. In 2012, an average of 45,000 homes were listed for sale across the state’s MLS marketplaces on a given day; today, that number is just over 11,000. In the same timeframe, we’ve grown by more than 160,000 new households while adding fewer than 150,000 new housing units.

This lack of housing forces workers further from jobs, raising labor costs and challenging corporate expansion plans.

This imbalance between supply and demand is responsible for escalating price appreciation as well – roughly 50% since 2018, from a median sale less than $160,000 to nearly $245,000 year-to-date.

REALTORS® obviously don’t mind price appreciation; rising property values create wealth for homeowners as a byproduct of healthy economic and demographic demand. But when lack of inventory increases housing prices and outpaces wage growth by a wide margin, it pushes potential homebuyers to the sidelines and stymies our business climate.

Fortunately, help is on the way: The state’s current budget includes historic levels of support for housing development, including a new $75 million state-backed revolving loan fund to help local governments invest in infrastructure to encourage new housing projects, with priority given to localities that have analyzed their housing needs and enacted pro-growth zoning reforms.

The General Assembly also provided more flexible residential tax increment financing options for repaying these infrastructure loans from a growing property tax base, further enhancing the value of TIF to local communities.

More than 40% of the projects requested in the first round of Regional Economic Acceleration and Development Initiative (READI) grants focused on workforce housing needs, and ‘READI 2.0’ formalizes housing as a funding priority for the next $500 million.

These appropriations headline the largest state-level investment in housing ever for Indiana. Lawmakers recognized that housing development, workforce development and economic development are inter-connected; we can’t promote quality of life without creating places to live.

We’re eager to see the dollars allocated in Indiana’s budget put to work expanding housing opportunities and encouraging economic growth across Indiana. REALTORS® can be tenacious allies advocating for new development and pushing back against ‘not in my backyard’ resistance.

We’re also ready and willing to partner with READI regions and local economic development organizations to provide housing market data drawn from our MLS marketplaces. REALTOR® associations can be a resource for real-time, market-driven assessments of housing availability, affordability and sales demand.

REALTORS® and local economic developers are natural partners with a shared purpose – selling the communities you serve to potential homebuyers and growing employers. Let’s work together to attract more Hoosiers by choice, job creators and capital investment.

Leveraging Experience: Supporting Your Economic Development Team for Community Prosperity

Jill Ewing — Wed, 20 Sep 2023 20:58:21 GMT

Devin Hillson-Smith
Director, Integrated Site Selection – Industrial
Cushman & Wakefield

Having spent a decade as an economic developer before transitioning into the role of a national site selection consultant, I have had the privilege of experiencing the dynamic world of economic growth from both sides of the table. It’s important for community leaders to recognize and empower their economic development team – they are a crucial force that holds the key to a community's prosperity.

Economic development professionals are not just administrators; they are skilled navigators in the complex waters of commerce, capable of steering a community towards greater economic prosperity. Their insights are deep-rooted in the understanding of their community's strengths, challenges, and aspirations. Their expertise goes beyond numbers and spreadsheets; they possess an innate sense of the pulse of the region, enabling them to strategically position it for success.

As a site selector now responsible for guiding corporate clients through competitive location searches, I seek out communities where local leaders and economic developers have formed a collaborative bond. Remember this: when a company is looking to construct and open a new factory or office, there can be hundreds of millions of dollars in investment on the line. Most of my clients prioritize locations with supportive business environments and leadership that inspires trust with the long-term success of their investment. In short, corporate attraction is an exercise in risk reduction.

Site selection and corporate attraction is, at its core, the art of matching a business with the ideal location. This process requires a delicate balance of understanding business needs and community values. An economic development team is skilled in this craft, meticulously weaving a tapestry of opportunities that benefits both new/existing businesses and the community. By giving these professionals the resources and support they need, local leadership is empowering these highly specialized professionals to create an environment for economic growth that aligns with their community's vision.

However, economic developers often face obstacles that can impede their progress. Limited resources, limited support, and bureaucratic hurdles can stifle their ability to attract and retain investment. This is where strong local leadership can make all the difference. By allocating the necessary resources, creating available and ready sites, and showing unwavering support, they enable the economic development team to flourish and create lasting, positive change. And, yes, it’s immediately apparent to us site selectors which communities prioritize economic development, no matter how smooth the talk is.

Having the dedication, vision, and commitment to strong economic development will shape a legacy of sustained economic vitality for generations to come. Stand by your economic development team, and, together, you can forge a brighter and more prosperous future for your community. I look forward to working with you in the future!

The views and opinions expressed are those of the author and do not necessarily reflect the official policy or position of Cushman & Wakefield.

Request For Proposals/Scope of Work BEST PRACTICES STUDY IN TALENT ATTRACTION

Jill Ewing — Tue, 20 Jun 2023 18:37:09 GMT

The Indiana Economic Development Association Foundation (IEDAF) in partnership with the Indiana Economic Development Association (IEDA) is seeking proposals from qualified firms to complete a nationwide search to identify and document in the form of a Study any “Best Practices” for attracting talent to States, regions, and local communities resulting in increased population and workforce availability. Interested firms must demonstrate knowledge and experience in strategic planning, marketing, creativity, and innovation.

Background:

Criteria used to evaluate communities across the US for company expansion or relocation has significantly changed over the past couple of decades. What was a very basic question of “do you have availability of land and incentives”, is now overshadowed by a more complex evaluation and determination that involves several critical issues. One of those critical issues that continues to move to the top of the evaluation list is the availability of talent and workforce to fill not only current jobs but those forecasted in the future. Indiana has implemented several key initiatives to attract talent to the State, however, more needs to be done. Through completion of this Study, the IEDAF hopes to identify, duplicate, or modify other State’s successful initiatives to attract talent with a specific section of the Study focused on initiatives, policies, and programs implemented to create affordable childcare opportunities for the workforce.

Scope of Work for Development of the Strategy

Working with the members of the IDEAF and the IEDA, the selected firm would.

1. Identify specific goals, tasks, objectives for inclusion in the Study:

a. With respect to childcare, this section of the Study would require examples of programs and policies implemented to; (1) increase the availability childcare providers through education and certification programs; (2) efforts to increase pay levels for certified providers; (3) State and local programs to reduce the overall cost of childcare to the workforce; (4) programs to encourage the consolidation of childcare providers under a central administration resulting in reduced costs to the workforce; (5) any other programs or policies to include employer cost sharing that benefits the workforce resulting in increased talent attraction.

2. Identify existing initiatives, if known, to be further explored and included in the Study both inside or outside Indiana.

3. For each Best Practice identified include any documentation about the initiative to include but not limited to, source of funding, annual costs, point of contact (if appropriate), etc.

4. Establish and confirm a timeline for completion of the Study

5. Based on the timeline, established an agreed upon number of updates on the Study’s progress.

Consultants should feel free to add into their proposals additional measures that should be incorporated into the final Scope of Work to improve the overall process and result based on their experience and best practices.

PROPOSAL REQUIREMENTS:

The IEDAF requires consultant’s proposal to include as a minimum.

A Statement of Qualifications specific to the objectives identified for the development of this Study
A proposed plan of work describing how the consultant would suggest completing the requested services
A proposed work schedule including timetables for completion of the Study.
A description of the consultant’s organization and resumes of the key staff assigned to this project
A proposed cost for completion of the Study

PROPOSAL SUBMISSION: Prospective consultants should submit an electronic copy of their proposal package to Lee Lewellen, IEDA Foundation CEO at llewellen@ieda.org. The deadline for receipt of the proposals and all related materials is July 21, 2023 at 4:30 pm (EST). Questions concerning this Request for Proposals, or its submission requirements should be directed to Lee Lewellen at 317-313-8365 or llewellen@ieda.org. The Indiana Economic Development Association Foundation reserves the right to reject any and all proposals.

Duke Energy, Indiana Economic Development Association award $115,000 in grants to support child care access, affordability

Jill Ewing — Fri, 16 Jun 2023 15:20:38 GMT

Duke Energy

McKenzie Barbknecht

Phone: 800.559.3853

Email: mckenzie.barbknecht@duke-energy.com

IEDA

Lee Lewellen

Phone: 317.313.8365

Email: llewellen@ieda.org

Funding will support organizations in Bartholomew, Carroll, Clark, Huntington and Wayne counties working to improve quality and accessibility of child care services

PLAINFIELD, Ind. – The Duke Energy Foundation and the Indiana Economic Development Association (IEDA) Foundation today announced $115,000 in grants will be awarded to five organizations working to assess and address child care gaps in Indiana communities.

In recent years, the cost of child care has skyrocketed, and the number of licensed child care providers has shrunk. These challenges have put a strain on working parents and their employers. In response, Duke Energy and IEDA launched a first-of-its-kind child care innovation grants program to provide financial support to communities willing to approach this issue in new and innovative ways.

“A lack of affordable, high-quality child care can prevent parents from advancing in the workforce, hinder children’s access to structured learning at an early age, and burden employers with absenteeism and employee turnover,” said Erin Schneider, managing director of Midwest economic development for Duke Energy. “These grants will help local communities begin to confront this challenge head-on and support working parents.”

More than 40 state and local government entities, local and regional economic development agencies, and public and private nonprofit organizations responded to Duke Energy and IEDA’s request for proposals, collectively requesting more than $1.1 million in funding.

“High-quality child care is an investment we can’t afford to ignore,” said Lee Lewellen, IEDA’s chief executive officer. “Through this infusion of grant funds, we hope to make measurable progress toward closing the child care gap in Indiana communities – supporting children, families, child care workers, employers and the economy.”

IEDA has convened a diverse task force of community leaders and organizations from across the state to develop policy recommendations and educate others on the impact of child care gaps in Indiana. Organizations that applied for grant funding have been invited to join this coalition to share their learnings and to guide future policies and recommendations.

Grants were awarded to the following organizations. Quotes from each on the impact of the grants can be found here.

Carroll County Economic Development Corporation and the Early Learning Alliance for Carroll County – $6,000

The Carroll County Economic Development Corporation (CCEDC) and the Early Learning Alliance for Carroll County (ELACC) will develop a network of child care providers through a series of trainings and educational opportunities for new and existing providers. These trainings will focus on babysitting basics; CPR and first aid; and professional development and licensure.

In addition, CCEDC and ELACC intend to organize an Early Learning Expo to provide resources, networking and educational training, accreditation and certification opportunities for local child care providers. These efforts aim to increase child care capacity within the county, bridge the gap for parents and child care providers, and heighten the quality of local child care options.

Community Education Coalition – $39,500

The Community Education Coalition, in partnership with Su Casa, Learn by Heart and the Indiana University ServeDesign Center, will pilot a six-month coaching and business accelerator program to support the growth and development of high-quality child care programs in the Columbus area, with an emphasis on recruiting within the Latino community. The organizations will provide approximately 250 hours of direct on-site coaching, tailored to each prospective child care provider’s unique skills, education and experiences, to guide them through the licensure process.

In addition to coaching support, the Indiana University ServeDesign Center will connect the faculty and students of the Eskenazi School of Art, Architecture + Design with current and prospective child care providers seeking to design or redesign their spaces for optimal learning and to meet licensing standards.

Community Foundation of Huntington County – $30,000

The Community Foundation of Huntington County intends to stand up a Child Care Business Lab, which will serve as a platform for developing and connecting aspiring entrepreneurs with turnkey models, training support, and access to capital investment and start-up opportunities. The goal is to attract and support sustainable, high-quality child care businesses that, over time, will bridge the child care gap for working families in Huntington County.

Economic Development Corporation of Wayne County – $21,500

The Economic Development Corporation (EDC) of Wayne County intends to partner with local employers to create and support a child care subsidy program to help offset the high cost of child care for the local workforce. In addition, the EDC of Wayne County intends to leverage a new digital platform to manage child care subsidies and tax credits, and connect the local workforce to child care options. Providers in the community will have the ability to register available seats in their facilities, and working parents will have the ability to search for available child care options that accommodate their schedules.

One Southern Indiana and Ivy Tech Sellersburg – $18,000

One Southern Indiana and Ivy Tech Sellersburg will conduct various community meetings, surveys and focus groups with stakeholders, parents, employers and local child care providers to better understand the child care gaps in the community. The organizations will analyze the data collected and develop a comprehensive plan to improve the quality and accessibility of child care options in Southern Indiana.

For more information about the grant program, visit ieda.org/Foundation.

Duke Energy Foundation

The Duke Energy Foundation provides philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation contributes more than $2 million annually in charitable gifts to Indiana and is funded by Duke Energy shareholder dollars. More information about the Foundation can be found at duke-energy.com/Foundation.

Indiana Economic Development Association (IEDA)

IEDA is the voice of economic development for Indiana. Made up of economic developers, utilities, attorneys, consultants, financial institutions, higher education professionals, engineers, architects and construction professionals, our members are passionately dedicated to attracting and retaining jobs for the great people of Indiana.

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A Diverse Workforce for a Diverse Hoosier Economy

Jill Ewing — Tue, 29 Nov 2022 22:09:20 GMT

Indiana has made significant efforts in recent decades to diversify its economy and be resilient to economic shocks and downturns affecting specific industries.

In the last few decades, the global economic landscape has changed dramatically. While at one time economic resiliency was driven by low taxes, cheap land and unskilled labor, the competitive advantage now goes to regions that attract and retain an abundant workforce that is trained and trainable.

As many states now face a significant and growing labor shortage, the competitive advantage for attracting and retaining business investment is now shifting to areas that are able to grow and retain a skilled workforce. Workers now choose communities that support their desired lifestyle and quality of life in addition to choosing employment. Investment in schools, amenities, infrastructure, the arts, and general quality of life drive location decisions for workers and their families.

Now, jobs and investment follow the workers.

‘Hoosier Hospitality’ is a cultural quality of our state that is being put to the test. Like many other states, Indiana is suffering from a systemic shortage of people with transferrable skills required by our employers. As our workforce ages, it is not easily being replaced. Our universities train individuals from all over the world but we are not retaining enough of them upon graduation. When leaders in Indiana make public statements that minimize individuals and seek to pass legislation which fails to embrace our differences, it undermines the concept of Hoosier Hospitality.

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Indiana Motorsports Industry, Economic Contributions and Future Directions

Jill Ewing — Mon, 16 May 2022 21:03:56 GMT

Principles and Priorities 2022 - 2023

Jill Ewing — Mon, 10 Jan 2022 20:27:29 GMT

As Indiana embraces the post-pandemic economic rebound, resilience is strengthened, and the pendulum is swinging in the right direction. The economy is back to pre-pandemic levels with pent-up consumer demand, new strategies for supply chains, and modernization that are now permanent extensions to new business models and cultures.

Economic developers stand at the hub of local efforts to grow their communities through business and workforce attraction, retaining and adding jobs, expanding the tax base, and working to reduce barriers to growth. At this time, economic development is more important than ever as we adjust to disruptive change and embrace emerging new opportunities.

The Indiana Economic Development Association members pledge to work alongside Indiana’s elected officials as partners to restore vibrancy and momentum to the Hoosier economy.

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Coalition Joint Statement

Jill Ewing — Fri, 18 Jun 2021 14:58:38 GMT

In March and April 2020 the Community Recovery Coalition formed. This is an ad hoc group of statewide associations representing various community stakeholders.

The group formed to develop strategies and tools to assist communities facing hardships brought on by the COVID 19 pandemic. The concern then was that loss of financial resources would hamper local institutions, families, and local governments.

Now, over a year later, the concern is almost diametrically opposite: The flow of funds from various sources have put communities in a position where they have an abundance of financial resources.

The Community Recovery Coalition just released a joint statement urging local leaders to adopt a strategic and thoughtful approach to the use of recovery funds available to them, targeting the dollars toward long-term, transformational opportunities.

COALITION STATEMENT

Indiana READI

Jill Ewing — Mon, 17 May 2021 16:28:27 GMT

LINK

Economic Development Is More Important Than Ever

Jill Ewing — Wed, 29 Apr 2020 17:53:53 GMT

Indiana launched into 2020 with the unemployment rate in many communities hovering at near record‐level lows of 2 – 3%. A major concern in many communities was the lack of workers to fill current jobs. In response, economic developers shifted from attracting businesses to attracting workers.

It is impossible to calculate how drastic the change has been in four short months. Economists project that unemployment rates will hit double‐digit levels, perhaps approaching rates not seen since the Great Depression. Over 26M American jobs have been lost effectively cancelling all job gains since the Great Recession. Local stakeholders fear that much of the progress they have made in the last few years to grow local business, enhance downtown development, and increase the tax base will be threatened as revenues from various taxing sources will see shortfalls.

In flush times and lean, the practice of economic development is focused on attracting, expanding, and retaining investment in communities. Prior to the coronavirus crisis, economic developers were diversifying their services by working with local businesses to help fill open jobs with qualified workers, collaborating with chambers of commerce and tourism bureaus to promote community assets to attract new residents and workers to their communities, and working to support local entrepreneurs in starting and growing their businesses. The evolution of economic development extended to downtown development because vibrant downtowns are key to attracting and retaining talent.

Fostering single‐family and multi‐family housing stock became a priority for talent attraction. This effort to develop workforce housing led to community‐wide collaborations between economic developers, elected officials, and housing developers, who came together to solve unique housing challenges in communities across the state. Many economic developers have focused on expanding childcare solutions, as well: high quality and affordable childcare contribute to our quality of life and workforce engagement.

The work of economic developers is constantly evolving because they are reacting to the unique needs of their communities. What works in one region or county may not work in another, so our connections across the state allow for sharing best practices and the ability to bring new ideas back to our communities that are tailored to local and regional needs.

As we emerge from the current crisis, communities will be faced with many displaced workers and closed or struggling businesses. Local economic development organizations will be the natural leaders helping our state recover because they know the local businesses, understand their workforce needs, and are experts in attracting and retaining tax base: all critical activities in helping communities claw back from the coronavirus crisis.

At last count at least 21 Indiana‐based economic development organizations have played a role in the creation of local disaster relief loan or grant programs to help local small businesses survive during the stay‐at‐home order. This is another example of their understanding of local business needs and their ability to adjust their priorities to respond to the needs of their communities.

In the last few years, economic developers have become more focused on supporting entrepreneurship, encouraging the creation and growth of home‐grown businesses, exactly the kind of support and expertise that will be needed to revitalize our downtowns post‐coronavirus crisis.

Economic development professionals have developed national networks of business contacts that they work with when companies want to expand or relocate. These networks can help bring suppliers to a community to support existing companies. While supporting our existing businesses will be the first priority, the attraction of new companies to the state will be an area of focus as we move to fully recover lost jobs and tax base.

As we look toward the future of Indiana, we should all find comfort in knowing that economic developers are on the front lines and are ready to evolve again to move their communities out of crisis and into recovery.

Lee Lewellen
President/CEO
Indiana Economic Development Association

New ag-based strategy offers different approach to growing rural Indiana

Jill Ewing — Thu, 31 Oct 2019 18:35:53 GMT

NEWS RELEASE
FOR IMMEDIATE RELEASE

New ag-based strategy offers different approach to growing rural Indiana

First-of-their-kind “Ag Asset” maps will help communities leverage agriculture

INDIANAPOLIS (Oct. 28, 2019) — A new strategy is working to change how rural communities think about economic development by helping them leverage the strongest asset in their backyard – agriculture.

Known as the Rural Economic Development Model, the process involves utilizing an online interactive tool and guidebook to develop an ag-based economic development plan which will expand current agribusinesses and attract complimentary processing companies to the region.

“Oftentimes, we see rural communities targeting an automotive plant or medical device manufacturer—overlooking agriculture completely,” said Bruce Kettler, Indiana State Department of Agriculture Director. “We want to encourage local decision makers to think differently of their economic development strategy. Agriculture is at the core of so many Hoosier communities and, if leveraged properly, has the potential to keep growing or, in some cases, reinvigorate rural Indiana.”

Critical to the strategy’s launch was the development of the Indiana Ag Asset Maps, which can be found on the Rural Indiana Stats website, created and managed by the Purdue Center for Regional Development. These first-of-their-kind heat maps provide information about the agricultural products grown and raised in each county to include fruits, vegetables, grains, and livestock, and a section showcasing the various companies supporting the hardwoods industry in Indiana.

Communities can use this information to build an ag-based economic development strategy or grow value-added processing by creating “agriculture regions.”

“Bringing value-added processing to an area benefits more than just producers, it shores up the local economy and entire agricultural ecosystem,” said Dr. Bo Beaulieu, PCRD Director. “It can be a game-changer and opens the door to new possibilities for rural communities, which continue to struggle with attracting young, talented workers.”

The Rural Economic Development Model was developed in collaboration with the Indiana Corn Marketing Council, Indiana Economic Development Association, Indiana Farm Bureau, Indiana Office of Community and Rural Affairs, Indiana Soybean Alliance, Indiana State Department of Agriculture, and Purdue Center for Regional Development.

Communities interested in agriculture as an important component of their economic development strategy should contact the project partners. Together they will facilitate a conversation with an overview of the Rural Economic Development Model and a review of the regional analysis provided by PCRD. The goal is to help rural communities create fully implementable ag strategies.

“For too long, we have looked at Indiana’s agricultural production as a passive asset: grown here, but sent elsewhere for value-added processing,” said Lee Lewellen, Indiana Economic Development Association President and CEO. “We want economic developers and farmers to come together to see Indiana’s robust ag assets as the raw material for a different kind of manufacturing base in rural communities.”

Click here to view the Indiana ag asset maps.

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ABOUT IEDA
The Indiana Economic Development Association (IEDA) is the voice and advocate for the economic development profession in Indiana. IEDA defines economic development as the facilitation of investment that leads to long term community prosperity.

ABOUT ISDA
The Indiana State Department of Agriculture (ISDA) was established as a separate state agency by the Legislature in 2005. Administratively, ISDA reports to Lt. Governor Suzanne Crouch, who also serves as Indiana’s Secretary of Agriculture and Rural Development. Major responsibilities include advocacy for Indiana agriculture at the local, state and federal level, managing soil conservation programs, promoting economic development and agricultural innovation, serving as a regulatory ombudsman for agricultural businesses, and licensing grain firms throughout the state.

ABOUT PCRD
The Purdue Center for Regional Development (PCRD) seeks to pioneer new ideas and strategies that contribute to regional collaboration, innovation and prosperity.

Note: Below is a photo of the Indiana ag asset map for tomatoes.

IEDA's Position on the Hate Crimes Legislation

Jill Ewing — Wed, 13 Mar 2019 14:09:39 GMT

To Members of the Indiana General Assembly:

Leadership over the years from Indiana’s elected leaders has moved the state to the top of many coveted lists:

2nd in lowest property tax burden;
In the top 5 states for business;
Indiana leads the nation in manufacturing jobs; and,
10th best tax climate in the U.S., among other rankings.

These rankings position Indiana to compete favorably for new investment by attracting new companies to the state and encouraging those already here to expand.

It is Indiana’s placement on another list that is jeopardizing much of the progress we have made in the last few years: our continued placement on the list as one of the last five states to fail to implement a meaningful hate crimes bill.

Strategic Priorities

Jill Ewing — Tue, 15 Jan 2019 15:55:23 GMT

When organizations reach milestones such as a golden anniversary, leadership should not only seize the opportunity to revel in past successes, but also proceed with a renewed focus on the future. In 2017, as the Board of Directors of the Indiana Economic Development Association (IEDA) looked toward the organization’s 50th anniversary, the Directors and contracted professionals chose to use the occasion to focus attention on the next phase of the organization’s story. They pondered how IEDA should continue to serve all its customers – both inside and outside the association – and to reaffirm IEDA’s commitment to the prosperity and vitality of Indiana.

During the first half of 2018, they embarked upon a strategic planning process which focused on how to best serve the IEDA’s mission through direct services to members and a focus on the economic development profession in which it operates. By surveying the environment and listening to customers, five themes for elevating the economic development professional emerged:

Holcomb, Crouch announce Next Level Veterans initiative

Jill Ewing — Thu, 01 Feb 2018 17:09:59 GMT

Indiana to recruit and attract veterans through new partnership

STATEHOUSE (Jan. 26, 2018) – Today, Governor Eric J. Holcomb joined Lt. Governor Suzanne Crouch to unveil Indiana’s Next Level Veterans initiative. This new statewide program brings together public and private organizations to recruit, employ and connect discharging military personnel to Indiana and retain veterans who are already in the state. A new website, www.in.gov/veterans, launched today and will be the one-stop-shop for veterans across the nation who are looking for jobs, training, housing or information about the Hoosier state.

"Bringing veterans from around the country here to fill high-wage, high-demand jobs is a win-win-win for military service men and women, employers and our state’s economy," Gov. Holcomb said. "Next Level Veterans will encourage partnerships around the state to bring our nation’s skilled and talented veterans back home to our welcoming and vibrant Indiana communities."

More than 200,000 service men and women leave the military each year, and more than half of them face a period of unemployment. Currently, there are about 85,000 unfilled jobs in Indiana. To fill these positions, employers need skilled workers with strong commitment and work ethic. Next Level Veterans focuses on connecting military personnel, who have honed their skills during their service, with these career opportunities.

"Indiana wants veterans from out of state to know they are welcome here and that Indiana is a prosperous place, where employers are eager for their skills and talent," Lt. Gov. Crouch said. "I am inspired by the work our state agencies and partners have done to create a positive future for veterans."

Under Crouch's leadership, Next Level Veterans will provide veteran incentives, support personnel and provide marketing assistance. The Indiana Department of Veterans' Affairs, Indiana National Guard, the Indiana Department of Workforce Development and the Indiana Housing and Community Development Authority are partnering with Conexus Indiana, the Central Indiana Corporate Partnership initiative focused on advanced manufacturing and logistics, and the Indiana Economic Development Association to support the program and the veterans who relocate to Indiana.

The Next Level Veterans website at in.gov/veterans, includes information about available jobs in Indiana through Conexus Indiana, education and training opportunities, quality of life and community aspects. It also provides information on a new veterans-based mortgage program, which helps veterans find affordable housing and gets them into their own home. This new incentive is provided by the Indiana Housing and Community Development Authority.

The Conexus Indiana INvets program is featured prominently on the Next Level Veterans website. INvets connects discharging veterans around the country with jobs at Indiana manufacturing and logistics companies. This program was initially created in partnership with Allison Transmission, Faurecia, Honda Manufacturing of Indiana, Subaru of Indiana Automotive, Toyota Motor Manufacturing Indiana and the Indiana Department of Workforce Development.

INvets staff will regularly visit major military installations in coordination with a multi-channel marketing campaign. These efforts are supported by a web platform that serves to both educate service members and connect them with employers. This platform will grow to include detailed career path information as well as education and training opportunities. Employers throughout Indiana can leverage this platform to connect with service members prior to their separation from service.

“Conexus Indiana launched INvets as an evolution of our work to bolster the advanced manufacturing and logistics sectors by specifically attracting veterans to high-wage, high demand careers,” said Wes Wood, INvets’ Program Director at Conexus Indiana and U.S. Army veteran. “We are thrilled to partner with the state to attract more veterans and expand the pool of employers to other industry sectors, all offering great opportunities for current and future Hoosiers.”

The Indiana Economic Development Association will also assist communities in partnering with the initiative both in advertising their communities and in helping to welcome incoming service members.

“It is vital we are making sure there is a focus on attracting those outside of the state to come here. Through IEDA we are going to attract people not only to Hoosier jobs but to Hoosier communities,” Lee Lewellen, Indiana Economic Development Association President/CEO. “We will help veterans and their families integrate and thrive in all Hoosier communities have to offer.”

Crouch said that by bringing the different agencies and organizations that can help veterans, we are opening ourselves to the chance to have more veterans relocate or stay in Indiana, which will keep Indiana's economy growing.

Visit in.gov/veterans for more information.

IEDA HOUSING TOOLKIT

Jill Ewing — Tue, 07 Nov 2017 23:52:12 GMT

Tools for housing focused on renters, homebuyers, employers, developers, government , and the community. Please click here to download.

Skills Enhancement Fund (SEF) Editorial

Jill Ewing — Fri, 06 Jan 2017 20:00:45 GMT

Attached is an editorial expressing IEDA’s support for increasing funding for the Skills Enhancement Fund (SEF). This letter will be circulated to various media outlets.

Click here for the editorial.

Analysis of Tax Increment Financing in Indiana

Jill Ewing — Thu, 25 Aug 2016 20:37:29 GMT

Introduction

Tax increment finance (TIF) has witnessed widespread adoption and utilization in the past three decades. TIF involves the use of incremental tax revenues that arise from the development of properties within a designated TIF district, and the resulting increased taxable value, to finance projects designed to stimulate economic development activity or enhance quality of life.

TIF, as an economic development tool, was first implemented in California in 1952. Currently, 49 states in the U.S. use TIF.

Local governments use TIF to address a number of issues that include infrastructure development, to stimulate economic activity in under-performing areas within a community, to compete with other jurisdictions, or to develop quality of life assets. In 2015, there were 765 TIF districts and these accounted for nearly 9 percent of the gross assessed value of property in the State of Indiana.

In its role as a ‘platform mechanism’ within a local economy, TIF has relatively high visibility compared to other economic development tools, such as tax abatements, training grants and other incentives. Understandably, with the widespread use of tax increment finance, there is greater awareness among stakeholders about this particular instrument. It is not surprising, then, to find that as the use of tax increment finance has grown, so has the scrutiny of the tool. There is an ongoing push to ensure that transparency and accountability are at the forefront of efforts to monitor and evaluate the impacts, intended and unintended, of the use of TIF.

This study was initiated to contribute to the ongoing need for transparency and accountability of tax increment finance in Indiana.

This study was able to include a broader range of TIF data than have been available to prior analysts and, as such, is able to present a more nuanced analysis of the impact of TIF throughout Indiana. For this study, the effects of the ‘Great Recession’ (2007 – 2009) have been more fully accounted for, thus providing a broader view of changes in TIF activity over time.

Click here for the full report.

IEDA directs “myth-busting study” about Tax Incremental Financing (TIF), University of Southern Indiana plans comprehensive statewide research

Jill Ewing — Mon, 09 Nov 2015 14:22:49 GMT

Contact: Michael Snyder, MEK Group, 317-805-4870
Lee Lewellen, IEDA CEO, (317) 313-8365
Greg Wathen, IEDA TIF Study Chair/ Economic Development Coalition of Southwest Indiana (812) 423-2020
Dr. Mohammed Khayum, Business Dean, USI (812) 465-1681

IEDA directs “myth-busting study” about Tax Incremental Financing (TIF), University of Southern Indiana plans comprehensive statewide research

New benchmark research expected to provide non-partisan review

INDIANAPOLIS – Multi-million-dollar tax incremental financing: Boon or bane? In economic development practice, professionals and elected officials often possess widely ranging views about tax incremental financing (TIF). Is TIF funding truly a critical and effective tool for accelerated economic development? Or is it an over-rated practice that drains valuable resources from Indiana cities and regions?

“Powerful myths and considerable misinformation about TIF activity in Indiana regularly cloud understanding and perceptions about the value of the TIF tool,” said Lee Lewellen, CEO of the Indiana Economic Development Association (IEDA). “To clear up possible confusion and document best practices, IEDA is funding and directing a comprehensive statewide TIF study that will be fair and non-partisan.”

To secure the non-partisan nature and future validity of the study, IEDA commissioned a national RFP search and subsequently selected the University of Southern Indiana (USI), Center for Applied Research out of a national group of respondents. USI will now research and produce an all-new independent study of Tax Increment Financing (TIF) in Indiana.

Commenting on earlier assessments of Hoosier TIF applications, Greg Wathen, president and CEO of the Economic Development Coalition of Southwest Indiana, noted key differences in the forthcoming USI research: “Though recent studies have looked at how tax increment financing impacts state revenue streams, the IEDA study will review the impact of TIFs on key local revenue streams such as option income taxes where data is readily available at the county level.”

Continuing, Wathen, who also serves as chairperson of the IEDA committee overseeing the IEDA study, added: “The study will also take into consideration the significant changes in property tax revenue attributed to the shifting of local school taxes to the state, along with establishment of property tax caps and the implementation of ‘circuit breakers,’ which were not adequately accounted for in other studies looking at the use of tax increment financing in Indiana.”

“The overall goal and USI focus will be to produce a solid, myth-busting IEDA study that will serve as a valid benchmark and prove useful in the years to come,” said Lewellen.

The Dean of the USI Romain School of Business, Mohammed Khayum, outlined critical background for the forthcoming study: “After three decades of use by cities, towns, and counties in Indiana, tax increment financing has developed a distinctive and complicated place within the state’s economy. This complicated interconnectivity could be described as a dynamic ecosystem.”

Why is this relevant? Khayum, a full professor of economics at USI and director of the IEDA study, further explained: “Stakeholders from a cross-section of economic sectors interact though tax increment financing and their decisions play an important role in transforming existing economic conditions into preferred ones for many geographic areas within Indiana.”

“Many economic development professionals and elected officials fervently believe that TIF transformed their cities and regions into economic powerhouses,” said Lewellen. “Others claim TIF saps needed funding and sinks regions into debt. What’s the truth? Currently available analysis doesn’t fully answer the question.”

The comprehensive study is expected to be completed and released in early 2016. It will examine positive impacts of Hoosier TIF funding and will examine opportunities for improving the tool. Given the widespread use of TIF to accelerate new development and expansion for cities and counties, the study will specifically examine and document strengths and possible weaknesses of the tool. Further, the study will document best practices of TIF implementation and administration.

Lewellen noted that results from the USI research is expected to fill in gaps in previous studies that may not have proven wholly successful. “It’s fair to say that the overall lack of a true benchmark study has unfortunately helped increase confusion about the validity and effectiveness of TIF efforts,” he said.

To alleviate this confusion and help establish best practices, IEDA decided to commission and oversee a major new comprehensive study. Following a national outreach inviting universities and research firms to submit proposals, a 12-person IEDA TIF study steering committee selected the USI Center for Applied Research to conduct the independent research.

“The University of Southern Indiana has been deliberately tasked by IEDA to produce a non-partisan and independent analysis,” said Lewellen. The resulting benchmark report is expected to include recommendations for improving TIF usage and future applications for Indiana cities, towns, and counties.

The study is funded through specific contributions to the IEDA Foundation made by over 3o funders including utility companies, various associations, economic development entities, cities, towns and counties.

The benchmark IEDA report is expected to aid present and future economic development professionals and government officials in best adapting, leveraging, using and improving this public financing and opportunity-creating tool.

The 12-person IEDA steering committee, composed of association executives, economic development professionals, attorneys, finance professionals and elected officials, will provide oversight for the project together with Lewellen. Work on the statewide project has already begun.

ABOUT IEDA – The Indiana Economic Development Association (IEDA) is the statewide association representing local and regional economic development professionals and other economic development stakeholders. The Indiana Economic Development Association defines economic development as the facilitation of investment that leads to the long-term community prosperity. For more information, please visit www.ieda.org.