Indiana Economic Development Corporation’s Post

In June, Gov. Eric Holcomb hosted the Hoosier Huddle at Hinkle Fieldhouse in Indianapolis. The Huddle gathered several agencies and leaders in one place to collaborate and learn from each other ways to strengthen Hoosier communities across Indiana. We're all working to leave our communities better than they are now. This was a great way to learn what has worked and can be translated to other regions and cities. IEDC's Chief of Staff Vincent Ash Jr, MUP and SVP and Special Counsel to the Secretary of Commerce Mark Wasky participated in a panel discussion on READI. They shared ways that READI is improving quality of life throughout Indiana. The more we all collaborate, the faster we move forward! Indiana Chamber of Commerce Butler University #indiana #economicdevelopment #collaboration

With the expansion of Indiana’s Venture Capital Investment (VCI) tax credit program, now venture capital funds – in addition to entrepreneurs and startups – can leverage VCI tax credits to help raise capital. Indiana recently approved its first investment fund, paragraph in Bloomington, for the program. Now, Paragraph’s investors can earn tax credits on capital invested in the company’s fund, which Paragraph then uses to help bring new companies to life and turn ideas into high growth businesses. ‘We are honored to be the first qualified investment fund. We've been managing startup investment funds and startup studios for almost two decades, and the state of Indiana has consistently made this a better place to do our kind of work. We see this as yet another signal that Indiana is committed to growing entrepreneurship and accelerating the economy,’ said Brad Wisler, partner at Paragraph. Paragraph is a venture studio that builds and backs scalable software companies, working alongside founders to write code, create brands and drive growth. The company’s utilization of the VCI program – and the expansion of the VCI program to include investment funds – will help bring even more capital to Indiana’s entrepreneurial ecosystem, making sure innovators can start stronger and grow faster.  Learn more and explore more resources available in Indiana to help entrepreneurs and small businesses: https://lnkd.in/gJifKmhy #indiana #smallbusiness #entrepreneuship #venturecapital #VCI

We are excited to host the America’s Seed Fund Road Tour stop in Indy on July 16, 2024! Learn more below.

"As a state, Indiana is making bold investments in our communities and in our people,” said Sec. David Rosenberg. “Through READI 2.0 we’re furthering our quality of place and quality of life initiatives by placing an increased focus on accelerating public arts and cultural amenities that add to the identity and vibrancy of Hoosier neighborhoods. Through this investment, we’re encouraging a statewide effort to cultivate Indiana’s creative economy for generations to come.”   IEDC to partner with Indiana Arts Commission to help READI 2.0 regions advance arts and culture projects in local communities: https://lnkd.in/g95TK_iN

📣Big news! Indiana’s Heartland BioWorks Hub will receive $51 million in CHIPS Act funding! Governor Eric Holcomb commends Indiana’s Heartland BioWorks for receiving approximately $51 million from U.S. Department of Commerce to propel Indiana’s biotech future: https://lnkd.in/gDiRSS9v #biotech #indiana #economicdevelopment

“Future-focused policies, technological investments and global engagement are driving the next industrial revolution in Indiana." https://lnkd.in/gwQmnEsf #Indiana #economicdevelopment

Dear coastal Gen Zers, You don't have to live in a shoebox! Come to Indy and get the quality of life you deserve. https://lnkd.in/g-TmwEdn #Indianapolis #Indiana #qualityoflife #GenZ #CostOfLiving

📣Don't miss your opportunity to shape the future of Indiana's workforce. Join us at one of IEDC's upcoming Talent Forums where you'll join businesses, college career centers and others to strategize on recruiting, retaining and hiring the amazing talent that's right here in our own backyards. Choose by the best date or location for you: 📅 July 15 📍 Purdue University 📅 July 24 📍 University of Evansville 📅 Aug. 6 📍 Trine University 📅 Aug. 13 📍 Ball State University Learn more and sign up: https://lnkd.in/g7Y-kPkc #indiana #workforcedevelopment #workforceretention