The Hoosier State is building upon the solid economic growth it experienced in 2022. Last year, Indiana secured a record-breaking $22 billion in committed capital investments from 218 companies that will create more than 24,000 jobs. It was the sixth consecutive record-breaking year for economic development in the state. Much of this was driven by the “5E” strategy, which the state unveiled in 2021 and focuses on environment, economy of the future, entrepreneurship, energy transition and external engagement. Indiana has landed several notable groundbreakings and expansions in the past year. Steel manufacturer Nucor announced in June 2023 a $115 million manufacturing facility and 200new jobs in Crawfordsville. Conco announced in August2023 a $50 million investment in operations in southern Indiana, which will create up to 175 high-wage jobs by the end of 2026. General Motors and Samsung SDi also recently announced plans to build a $3 billion EV battery manufacturing plant in St. Joseph County to create more than 1,700 jobs.
Economic Development for a Growing Economy (EDGE): Offers a refundable corporate income tax credit based on the tax withholdings generated from new job creation.
Headquarters Relocation Tax Credit (HRTC): Offers a tax credit of up to 50% of business relocation costs, including capital investment.
Hoosier Business Investment (HBI) Tax Credit: Businesses that create jobs and make capital improvements to a facility may qualify for this nonrefundable tax credit. The maximum credit is 10% of qualified capital investment.
Industrial Development Grant Fund: Offers assistance (reimbursement up to 50%) to municipalities to perform infrastructure improvements and upgrades needed to serve proposed projects.
Skills Enhancement Fund Workforce Training Grant: Offers assistance to support the training and upgrading of skills of employees required to support new capital investments. The grant may be provided to reimburse up to 50% of eligible training costs over a two-year period.
Indiana Economic Development Corporation
iedc.in.gov
Indy Chamber
indychamber.com/economic-development
Greater Fort Wayne Inc. Economic Development
greaterfortwayneinc.com/economic-development
In June 2023, the Indiana Economic Development Corp launched ConnectIND, an interactive portal that supports entrepreneurs with necessary resources and appropriate business connections along their journey. The online hub serves as a source of networking, advising, mentorship, training, licensing and more for Indiana entrepreneurs.
7 Fortune 500 companies headquartered in state, including:
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
