GREENFIELD, Ind. (Nov. 15, 2024) – The Indiana Economic Development
Corporation joined local and regional officials in Greenfield today to break
ground on the Amplify Hancock, a dedicated and cohesive hub for growing the
region’s skilled talent. The space is being supported by funding from Indiana’s
Regional Economic Acceleration and Development Initiative (READI).
The facility, which was designed by
Ratio Architects and is now being constructed by Meyer Najem, is expected to be
completed by July 2026. The site also allows ample space for expansion in the
future.
“Amplify Hancock is definitely a
transformational project for our community and our region," said Hancock
County officials. "We are thankful for the award of READI funding that
helped kickstart this project. The combination of education and private
industry will provide workforce and higher education opportunities as well as
encourage economic growth for years to come."
READI 1.0 has
awarded $487 million to 353 unique projects and programs across the state,
yielding $12.6 billion invested (26:1 investment leverage ratio) in quality of
life, quality of place and quality of opportunity initiatives. READI 2.0, which
was part of Gov. Holcomb’s 2023 Next Level Agenda and secured additional
funding awarded by the Lilly Endowment, is allocating another $750 million to
accelerate community development investments statewide. This funding is
expected to attract a minimum 4:1 match of local public and private funding,
yielding at least $3 billion invested to increase the vibrancy and prosperity
of Hoosier communities.
Hancock County is part of the READI
1.0 70-40 Mt. Comfort Corridor region – led by the Hancock County Economic
Development Council – that was awarded $5 million in READI 1.0 matching funds
to support quality of life, quality of place and quality of opportunity
projects. The region’s READI investments, including Amplify Hancock, are
designed to emphasize the livability and attractiveness of the region, drive
entrepreneurship and the connections between employers and workers for lifelong
learning, and accelerate growth for decades to come.
Learn more at IndianaREADI.com.
About IEDC
The Indiana Economic Development Corporation (IEDC) is charged with growing the State economy, driving economic development, and helping businesses launch, grow and locate in the state. Governed by a 14-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov.
Media Contact:
Nathan Brown (IEDC) – 317.586.1096 or nabrown1@iedc.in.gov