The Indiana Region 9 Workforce Board understands that every enterprise from additional training to capital investments sometimes requires more than the funds on hand. We have developed a listing of federal, state, and privately funded initiatives that are designed to help companies in our region acquire the extra funding that may be required to help keep our area competitive in the 21st century economy.
Indiana Economic Development Corporation (IEDC) is the State of Indiana’s lead economic development agency. The IEDC was officially established in February 2005 to replace the former Department of Commerce. In order to respond quickly to the needs of businesses the IEDC operates like a business.
Indiana 21st Century Research and Technology Fund was created in 1999 by the General Assembly to stimulate the process of diversifying the State’s economy by developing and commercializing advanced technologies in Indiana. The Fund is now an integral element of the Indiana Economic Development Corporation’s Small Business and Entrepreneurship Division.
Industrial Development Grant Fund provides money to local governments for off-site infrastructure projects associated with an expansion of an existing Indiana company or the location of a new facility in Indiana. State funding through the IDGF program must be matched by a combination of local government and company financial support.