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A Roadmap for Economic Development

In 2018, Brookings and Central Indiana Corporate Partnership released, “Advancing Opportunity in Central Indiana”, a report that explores the growing income inequality in our community, and reinforces that not all jobs are created equal; some jobs and industries provide much greater opportunity for advancement, even to those without a four-year degree.

On July 25, 2019, Mayor Joe Hogsett joined leadership of the Indy Chamber, as well as community stakeholders and workforce development partners to announce a new roadmap for economic development that seeks to address these systems challenges and set our city on a path toward inclusive growth for all Indianapolis residents. The strategy aims to reposition existing economic development incentive programs to advance job opportunity for Indianapolis residents and remove barriers to employment – such as childcare, transit, and skills training – that prevent individuals from attaining and retaining good paying jobs.

The Strategy & Incentives

To encourage inclusive economic growth and broaden job access in Indy, the City’s economic development strategy will focus on the following:

  • Eliminating persistent racial disparities in access to jobs
  • Leveraging economic incentives to achieve broader community benefits
  • Improving access to quality of education
  • Supporting workforce training programs
  • Assisting underinvested neighborhoods
  • Improving access to support services

The City of Indianapolis, in partnership with Develop Indy, is re-positioning its existing economic development incentive programs to advance equitable economic opportunity. For more information on these efforts, view the full report.

The Incentives

The Strategy & Incentives

To encourage inclusive economic growth and broaden job access in Indy, the City’s economic development strategy will focus on the following:

  • Eliminating persistent racial disparities in access to jobs
  • Leveraging economic incentives to achieve broader community benefits
  • Improving access to quality of education
  • Supporting workforce training programs
  • Assisting underinvested neighborhoods
  • Improving access to support services

The City of Indianapolis, in partnership with Develop Indy, is re-positioning its existing economic development incentive programs to advance equitable economic opportunity. For more information on these efforts, view the full report.

The Incentives
 

Let's Chat

Interested in learning more about our inclusive economic growth strategy and our new incentives rollout? Contact Ian Nicolini, VP of Indianapolis Economic Development.

E-mail Ian