Indiana READI
Indiana READI
In 2021, Indiana launched the Regional Economic Acceleration and Development Initiative (READI), a bold, transformational initiative that will dedicate $500 million in state appropriations to promote strategic investments that will make Indiana a magnet for talent and economic growth. Through this initiative, the state will encourage neighboring counties, cities, and towns to partner to create a shared vision for their future, mapping out the programs, initiatives and projects that are critical for them to retain talent today and attract the workforce of tomorrow. READI is expected to attract at least $2 billion of local public, private and philanthropic match funding that will propel investment in Indiana’s quality of place, quality of life and quality of opportunity. Several brownfield sites have received READI funds to help complete their redevelopment projects.
Indiana READI 2.0
In April 2024, Governor Holcomb announced plans to award $500 million to 15 regions representing all 92 counties to support quality of place and quality of life initiatives statewide. The funding, made available through the expansion of the Indiana READI, was approved by the Indiana Economic Development Corporation (IEDC) board of directors. READI 2.0 will grow the state’s overall program commitment to $1 billion, marking an unprecedented state-led investment in cultivating vibrant, modern, and sustainable communities that attract and retain top talent. READI 2.0 projects will be focused primarily on population growth and quality of life investments.
The Indiana Economic Development Corporation's (IEDC) Indiana READI website can be found here.