Incentives – Winning at the Rules of Economic Development

Basketball may not have been invented in Indiana, but Hoosiers have learned how to play the game with the best. The same applies to economic development and the use of incentives: we didn’t invent the game, but we intend to compete with the best players. READ MORE #EconDevWeek #EDW2021 #INEconDevWeek

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The ‘Three-Legged Stool’ of Economic Development

Economic development has sometimes been described as a ‘three-legged stool’. And while that description may have been a helpful way to visualize and understand the elements of economic development, the definition of the ‘three legs’ has changed over the years as economic development has become a more complex and diverse activity. READ MORE #EconDevWeek #EDW2021 […]

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Join Us in Celebrating Economic Development Week May 9th to the 15th

Economic Development Week was created by the International Economic Development Council (IEDC) to increase the awareness of local programs that create jobs, advance career development opportunities, and improve communities’ quality of life everywhere. To celebrate we’ll be running a series of editorials on topics ranging from how economic development has changed over the years to […]

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Local Restaurants Benefit from the Richmond/Wayne County COVID-19 Subsidy Program

Wayne County restaurants were able to receive assistance from the Richmond/Wayne County COVID-19 Restaurant Subsidy Program created by representatives from the City of Richmond, Economic Growth Group (EGG), EDC of Wayne County, and the Wayne County Government. The funding for the program was made possible from remaining funds after two rounds of zero percent interest […]

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ITD Engineering LLC Invests $1.65 Million in New Expansion Project

A Richmond company is expanding its operations to accommodate the needs of new customers. ITD Engineering LLC, is a custom machining center that contract manufactures components. They will invest $1.65 million and hire six new full-time employees as part of the project. Located at 5626 New Paris Pike, ITD Engineering will purchase and install new […]

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East Central Indiana Awarded 21st Century Talent Region Designation

Indiana Secretary of Career Connections and Talent Blair Milo virtually joined state and local officials on January 22, 2021 to announce the East Central Indiana Region as Indiana’s tenth 21st Century Talent Region, a statewide designation awarded to Indiana communities focused on working collaboratively to attract, develop and connect talent. The Talent Region currently includes […]

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New Wayne County Relief Program is Taking Applications

Local city and county leaders continue to work collaboratively to provide emergency commercial assistance to businesses in Richmond and Wayne County suffering financially from the effects of COVID-19. The Richmond/Wayne County COVID-19 Restaurant Subsidy Program is the newest and focuses on restaurants who have been extremely hard hit by the pandemic. The new program will […]

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Remembering Richard “Jeff” Jeffers, A Great Community Champion

Recently our community lost one of its great community champions. Richard “Jeff” Jeffers gave of his time, energy, and support to the people and organizations of our community that needed him the most. Jeff was particularly interested in supporting the youth of our community because he knew how much they needed someone to invest in […]

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