Sometimes, the purpose of economic development is described as “attracting jobs’. But that really diminishes what economic developers are all about and the impact they have. READ MORE #EconDevWeek #EDW2021 #INEconDevWeek

The phrase ‘economic development’ is often used to describe a wide variety of activities, which sometimes causes the true value and meaning of economic development to be obscured. READ MORE #EconDevWeek #EDW2021 #INEconDevWeek

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

It is easy for most of us to take the companies in your hometown for granted, that’s why your local economic development organization takes their role of local business outreach very seriously. In fact, the International Economic Development Council (IEDC) reports as much as 80 percent of new jobs and business investment in a community […]

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 […]

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 […]

Small businesses in Wayne County will have another opportunity to seek relief for financial impacts caused by the pandemic. The COVID-19 OCRA Round 3 Small Business Grant Program was created using $250,000 in grant money awarded by the Indiana Office of Rural and Community Affairs (OCRA). The grant program is being offered by Wayne County […]

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 […]

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 […]

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 […]