Indiana Launches $500M Quality Of Place, Talent Attraction Initiative
The Indiana Regional Economic Acceleration and Development Initiative (READI) encourages communities to create shared visions and strategies to accelerate economic resilience, long-term growth. BF Staff
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Indiana Launches $500M Quality Of Place, Talent Attraction Initiative
The Indiana Regional Economic Acceleration and Development Initiative (READI) encourages communities to create shared visions and strategies to accelerate economic resilience, long-term growth.
May 5, 2021
Indiana Launches $500M Quality Of Place, Talent Attraction Initiative
Earlier this week, Indiana launched the Indiana Regional Economic Acceleration and Development Initiative (READI), which will dedicate $500 million in state appropriations to promote strategic investments to make Indiana a magnet for talent and economic growth.
Indiana officials are making a second go of investing in capital projects around the state with the newly launched Indiana Regional Economic Acceleration
INDIANAPOLISÂ â Gov. Eric J. Holcomb on Monday announced the start of the Indiana Regional Economic Acceleration and Development Initiative (READI), a transformational initiative that will dedicate $500 million in state appropriations to promote strategic investments that will make Indiana a magnet for talent and economic growth.
Holcomb announced the READI concept in his State of the State address in January, and the Indiana General Assembly funded the program as a part of its new biennial budget. READI is expected to attract at least $2 billion of local public, private and philanthropic match funding that will propel investment in Indianaâs quality of place, quality of life, and quality of opportunity.
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Indianapolis-based Kennected is expanding its Indianapolis operations and plans to create up to 405 new jobs by the end of 2025.
The software-as-a-service company opened its Indianapolis headquarters at 201 S. Capitol Ave. last year and plans to invest more than $2 million in operations, according to a news release. It has already hired 50 new employees toward its goal.
The Indiana Economic Development Corporation announced Monday it has offered Master Your Network, LLC, which does business as Kennected, up to $4.25 million in conditional tax credits based on the company’s job creation plans.
Kennected currently employs 107 associates nationally and internationally, including 40 in Indiana. The company is hiring for sales, management, customer service, accounting, human resources and executive positions. Interested applicants can apply at https://kennected.org/careers/.
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