READI Project Submission for 70-40-Greater Mt. Comfort Corridor/Hancock READI Region

READI Project Submission

Click for Proposal Submission Form

Call for Proposals

The 70-40-Greater Mt. Comfort Corridor/Hancock READI Region invites our community stakeholders to submit a project proposal for the Regional Economic Acceleration and Development Initiative (READI). The Indiana Economic Development Corporation is awarding $500 million throughout the state to promote Indiana’s talent development and economic growth. Identified regions throughout Indiana can be awarded up to $50 million. Our region, which consists of most of Hancock County and Eastern Indianapolis, would like to submit a regional development plan to secure READI funding.

To submit a strategic and innovative plan, we invite community stakeholders, including businesses, nonprofits, and other community organizations and entities, to submit a project proposal for our consideration. Project proposals must align with one or more of the following categories:

  • Quality of Place: Examples include workforce housing, infrastructure, cultural facilities, community spaces, civic initiatives, and DEI initiatives.
  • Innovation: Examples include research and development partnerships and equipment, cyber security, and coding.
  • Entrepreneurship: Examples include business incubation, coworking spaces, makerspaces, digital literacy and adoption by employers.
  • Workforce/Talent Initiatives: Examples include workforce training, facilities, and equipment.

To submit a project proposal, please follow the link below to complete a submission form. All proposals are due by July 29, 2021 at 5:00 pm to Jack Woods at Once proposals have been submitted, they will be reviewed by the evaluation committee to determine which projects will be incorporated into the regional development plan. Submission of a project proposal does not guarantee its inclusion in the regional development plan nor does it guarantee that the project will receive funding.

We look forward to receiving your proposals and learning about your innovative ideas to enhance and develop our community!

Click for Proposal Submission Form

Thank you!

A new round of Employer Training Reimbursement Grants

A new round of ETG grants will be opening on July 9, 2021.  These grants can provide up to $5000 per employee (max $50,000 per employer) for hiring, training and retaining employees in six targeted sectors.

The grant will reimburse employers up to $5,000 per employee who is trained, hired, and retained for six months, up to $50,000 per employer.retaining employees in six targeted sectors.  State Department of Workforce Development NextLevel Jobs

Employer Training Reimbursement Grant opens July 9


Indiana Renews Chinese Sister-State Partnership, Strengthening Global Ties

INDIANAPOLIS  – Governor Eric J. Holcomb joined economic and cultural stakeholders from Indiana and China’s Zhejiang Province today to commemorate the 30th anniversary of the Indiana-Zhejiang sister-state relationship, celebrating economic, cultural and educational efforts shared between the two states.

“We are thrilled to celebrate our 30 years of friendship with Zhejiang Province and reaffirm our cultural and economic ties,” Gov. Holcomb said. “It’s partnerships like this that help propel Indiana and Zhejiang to new levels, creating new business opportunities and enhancing international trade. As our future unfolds, I look forward to seeing the benefits that come from our global partnership.”

During the celebration, Gov. Holcomb and Zhejiang Party Secretary Che Jun, the highest-ranking official in the province and a member of the Zhejiang Provincial People’s Congress, renewed the Indiana-Zhejiang sister-state agreement that dates back to 1987. The agreement reaffirms the Indiana-Zhejiang sister-state relationship to further enhance economic relations, encourage industrial innovation and foster cultural, educational and healthcare exchanges.

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Hancock County Proclamation Economic Development Week

May 8 – 13, 2017 National Economic Development Week

Hancock County Commissioners, Recognized 2017 as the 91st anniversary of the International Economic Development Council and as “The Year of the Economic Developer.”

The President of the Commissioners of Hancock County, Brad Armstrong, presented to the Hancock Economic Development Council a copy of the proclamation on May 2, 2017.

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Join us in celebrating Economic Development Week May 8-13, 2017!

Do you know who your local economic development organization is?

It is the Hancock County Economic Development Council (HEDC).

Their job is to help and assist business owners to start or expand their business. You could call the HEDC a liaison of sorts, between the business company and local government. Continue reading…

HEDC congratulates BWI on passage of tax abatement

On April 26, 2017 local officials congratulated BeijingWest Industries, Co. Ltd (BWI),  on the passage of tax abatement from the Greenfield City Council.

The Beijing-headquartered company, provides the highly-acclaimed MagneRide® suspension system, will invest more than $80 million to build and equip a new 276,514-square-foot manufacturing facility in Greenfield’s Progress Park. They plan to break ground on the new facility this summer and launch production in August 2019.

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China-Based Auto Component Manufacturer Chooses Greenfield for First U.S. Production Facility

GREENFIELD, Ind. – BeijingWest Industries, Co. Ltd. (BWI), a premier chassis supplier that designs and manufactures brake and suspension systems for the global automotive market, announced plans to locate its first U.S. production facility in Indiana, creating up to 441 new, high-wage jobs by 2021. Continue reading…

$7M, 7-bridge construction project

$7M, 7-bridge construction project on I-70 starts April 17, 2017

Milestone Contractors plans to set construction signs along I-70 on April 17, 2017 for a $7.2 million project to replace or maintain and preserve seven bridges in Hancock and Henry counties.

Overnight lane closures on I-70 can be expected in the following three construction zones starting on or after April 17 between 9 p.m. and 6 a.m. as crews set temporary concrete barriers and pave shoulders in preparation for future traffic shifts.

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