State extends deadline for regional plans

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INDIANAPOLIS — Gov. Eric Holcomb has announced an extended submission deadline for the Regional Economic Acceleration and Development Initiative, or READI, providing regions an additional 30 days to submit proposals. The proposals are now due on or before Sept. 30, 2021.

Each of the regions spanning participation across 91 counties will continue working to collaborate and develop strategic plans to accelerate small- and large-scale growth within their communities and work to secure matching funds through the state’s $500 million initiative. Regions may be further refined or consolidated in the coming weeks. So far, two of the regions include stakeholders in Hancock County.

Proposals will be reviewed throughout October and November, and first-round investment decisions will be made and announced in December. More information, including answers to frequently asked questions and a map of all the identified regions, is available at iedc.in.gov/program/indiana-readi/home.