Who we are

Our Mission

The Indiana Economic Development Corporation (IEDC) is the state’s preeminent public-private partnership, charged with helping launch businesses and driving economic development across the state.

The Indiana Secretary of Commerce and the governing body, a 9-member board chaired by Governor Mike Braun, manages many initiatives including, but not limited to, performance-based tax credits, workforce-training grants, innovation & entrepreneurship resources, public infrastructure assistance and talent attraction & retention efforts.

Learn more about the board and board meetings

Our Pillars

Upskill the Hoosier Workforce

Train incumbent workers to support high-value, high wage jobs

Strengthen Existing Indiana Businesses

Support business needs and proactively pursue investments that support existing Hoosier companies to thrive in Indiana

Accelerate Main Street Innovation & Entrepreneurship

Support current and aspiring business owners on Main Street in Indiana

Power Indiana's Sector Strengths Regionally

Activate a vision, strategy and plan for activating core strengths on a regional basis

OUR LEADERS

Richard Waterfield

Aug 5, 2025, 11:17 AM
Title : Richard Waterfield
Person name : Richard Waterfield
Person title : Board Member
Linked in profile :
Ordinal :
Richard R. Waterfield is Chairman of the Board & CEO of Waterfield Enterprises, LLC, an American investment holding company.

Richard R. Waterfield is Chairman of the Board & CEO of Waterfield Enterprises, LLC, an American investment holding company. He also serves as Chairman & CEO of Waterfield Asset Management, Founder & Managing Principal of Waterfield Private Equity Fund(s) I, II, and III, and Co-Chairman of the Board of Waterfield TechnologiesBlueworx Cloud Solutions (formerly IBM Websphere), VoxGen Artificial Intelligence SolutionsVox Network SolutionsDice CommunicationsDigital DataVoice (DDV)Speech-Soft Solutions, and Chrysalis Software, Inc. 

 

During his tenure at Waterfield, Mr. Waterfield has managed over 90 acquisitions and divestitures, along the way founding Waterfield Asset Management, Waterfield Enterprises, The Waterfield Funds, Waterfield Energy (now W Energy), two of America’s first Internet banks, and YPO | Northern Indiana, where he served as Initial Chairman. He also served as Chairman of Culver Military Academy Summer Schools & Camps.

 

A dedicated Hoosier and family man, Mr. Waterfield recently founded The Waterfield America Foundation(tm). Through it, he works to support great American institutions like The 2nd Amendment, The NRA, The Alliance Defending Freedom, Students For Fair Admissions, The American Family Association, Hoosier hunting & fishing, clean Hoosier water, The Reagan Ranch, and conservative education initiatives.

 

Prior to joining Waterfield Group, Mr. Waterfield was at Goldman, Sachs & Co. He received his BA in Economics from Columbia University. He is a member of MENSA. 

Richard Waterfield

IEDC BOARD MEMBERS

Richard Waterfield

Aug 5, 2025, 11:17 AM
Title : Richard Waterfield
Person name : Richard Waterfield
Person title : Board Member
Linked in profile :
Ordinal :
Richard R. Waterfield is Chairman of the Board & CEO of Waterfield Enterprises, LLC, an American investment holding company.

Richard R. Waterfield is Chairman of the Board & CEO of Waterfield Enterprises, LLC, an American investment holding company. He also serves as Chairman & CEO of Waterfield Asset Management, Founder & Managing Principal of Waterfield Private Equity Fund(s) I, II, and III, and Co-Chairman of the Board of Waterfield TechnologiesBlueworx Cloud Solutions (formerly IBM Websphere), VoxGen Artificial Intelligence SolutionsVox Network SolutionsDice CommunicationsDigital DataVoice (DDV)Speech-Soft Solutions, and Chrysalis Software, Inc. 

 

During his tenure at Waterfield, Mr. Waterfield has managed over 90 acquisitions and divestitures, along the way founding Waterfield Asset Management, Waterfield Enterprises, The Waterfield Funds, Waterfield Energy (now W Energy), two of America’s first Internet banks, and YPO | Northern Indiana, where he served as Initial Chairman. He also served as Chairman of Culver Military Academy Summer Schools & Camps.

 

A dedicated Hoosier and family man, Mr. Waterfield recently founded The Waterfield America Foundation(tm). Through it, he works to support great American institutions like The 2nd Amendment, The NRA, The Alliance Defending Freedom, Students For Fair Admissions, The American Family Association, Hoosier hunting & fishing, clean Hoosier water, The Reagan Ranch, and conservative education initiatives.

 

Prior to joining Waterfield Group, Mr. Waterfield was at Goldman, Sachs & Co. He received his BA in Economics from Columbia University. He is a member of MENSA. 

Richard Waterfield

 

 

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