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The Indiana Economic Development Corporation (IEDC) was founded in 2005 and is charged with growing the state economy, driving economic development, helping businesses launch, grow and locate in the state. Led by Secretary of Commerce Bradley B. Chambers and governed by a 14-member board chaired by Governor Eric J. Holcomb, the IEDC is ...
An economic development corporation ("EDC") is an organization common in the United States, usually a 501(c)(3) non-profit, whose mission is to promote economic development within a specific geographical area. These organizations are complementary to Chambers of Commerce. Whereas a Chamber of Commerce promotes the interests of businesses in a ...
Chambers was appointed as Indiana Secretary of Commerce and CEO of the Indiana Economic Development Corporation (IEDC) by Governor Holcomb in June 2021 under a two-year contract, serving for just $1 per year.
The Indiana Economic Development Corporation turns 20 years old in early 2025. ... If the state had grown at the same pace as the rest of the nation, we would have 110,305 businesses, 3.23 million ...
Jul. 13—The initial announcement sounded good: A new law, part of the new budget passed by the Indiana Legislature this year, would eliminate school textbook and curricular fees for families.
Bloomington Township Trustee Efrat Rosser said she's seen a 48% increase in requests for help with utility bills from 2022 to 2023.
The council may also appoint a non-partisan town manager to oversee the day-to-day operations of the municipal government. The council is responsible for setting the town's budget and tax rates, and hiring all town employees. Unlike some states, Indiana town council members must declare a political party affiliation when they file to run for ...
In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.