INDIANAPOLIS — Governor Eric J. 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 Regional Acceleration and Development Initiative (READI), was approved today by the Indiana Economic Development Corporation (IEDC) board of directors at a special session hosted by the governor and Secretary of Commerce David Rosenberg. 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.

“Indiana is leading the way in future-focused investments in our economy and in our communities, ensuring that all Hoosiers of today and tomorrow have the opportunity to prosper,” said Gov. Holcomb. “READI has already resulted in more than $12.6 billion invested in quality of place and quality of life assets. The second iteration of the initiative — READI 2.0 — along with additional committed investments from the Lilly Endowment, will bring billions more to Hoosier neighborhoods, preparing communities, industry and talent for the next generation and beyond.”

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