Region receiving $15M for economic development projects

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East Central Indiana Regional Partnership received $15 million toward economic development initiatives.

Wayne and surrounding counties learned Tuesday afternoon (Dec. 14) that they are receiving a combined $15 million for economic development projects as part of a $500 million statewide initiative.

East Central Indiana Regional Partnership applied for state funds through the Regional Economic Acceleration Development Initiative (READI) program earlier this year.

Winners were announced at an Indiana Economic Development Corporation board meeting led by Indiana Gov. Eric Holcomb.

Officials from Wayne, Henry, Randolph, Blackford, Delaware, Grant and Jay counties announced in June that they were working together on the application to seek up to $50 million.

ECIRP sought ideas from stakeholders to create a regional development plan that outlines the current state of the region, its vision for the
future, and a game plan to invest in its growth and prosperity.

Grants awarded Tuesday ranged from $5 to $50 million for each of the state’s 17 regions, which are to be leveraged with other public and private investments.

Read more about plans for the money in the Dec. 22 edition of Western Wayne News.

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