Gov. Holcomb Awards $500 Million to Indiana READI Regions
Governor Eric Holcomb, Secretary of Commerce Brad Chambers and the Indiana Economic Development Corporation (IEDC) Board of Directors approved plans Tuesday to award $500 million to support regional development plans across 17 regions representing all 92 counties. This competitive process considered applications for the Indiana Regional Economic Acceleration and Development Initiative (READI). The total requests tripled the allocated $500 million READI budget, as submissions from the 17 regions amounted to more than $1.5 billion in demand and detailed nearly 800 projects and programs with a potential investment of $15.2 billion. The READI review committee, an external seven-member citizen committee, reviewed
