Indiana was ranked 1st in the Midwest in the Tax Foundation's 2014 Business Tax Climate Index (Oct. 2013).
The Indiana Economic Development Corporation (IEDC) is the State of Indiana's lead economic development agency. The IEDC was officially established in February 2005 to replace the former Department of Commerce. In order to respond quickly to the needs of businesses, the IEDC operates like a business.
Led by Indiana Secretary of Commerce Victor Smith, the IEDC is organized as a public private partnership governed by a 12-member board. The IEDC Board of Directors is chaired by Governor Michael Pence and reflects the geographic and economic diversity of Indiana. The IEDC focuses its efforts on growing and retaining businesses in Indiana and attracting new business to the State.
The Indiana Economic Development Corporation is committed to attracting and supporting new business investment, creating new jobs for Hoosiers, and furthering our legacy as one of the top states in the nation for business.
We will aggressively pursue every opportunity that represents a promise for Hoosier jobs, and will compete locally and at a state level to win these opportunities
We will attempt to match the interests of new clients and the local community, creating business plans that work for all parties concerned
We will continue to seek opportunities to attract new business and grow our local companies at home, and continue to improve the economy for the state of Indiana
Our work is far from done and every day, for Hoosiers across the state, we must and will deliver the message, the resources and the support to bring more new business to Indiana.