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"It makes a difference for communities statewide."
That's what Andy East, executive director of the Indiana Economic Development Corp., has to say about the state's Regional Economic Acceleration and Development Initiative, or READI.
The program, which the Lilly Endowment is throwing in $250 million for, aims to help communities create jobs and improve quality of life, the Indianapolis Star reports.
The state is investing $500 million in the second round of READI grants, which will be awarded next month; the Lilly Endowment is throwing in $250 million for the third round of grants, which will be announced next month.
The money will be awarded to 17 regions in the state, and East says they're vying for projects that will help create jobs, add housing, and improve the quality of life in their communities.
"They are defining and advocating a regional approach for projects that they believe will help create jobs, add housing, and improve quality of life in their communities," the Republic quotes East as saying.
The proposals will be evaluated on a variety of factors, including economic development potential, the level of focus on rural communities, the degree of regional collaboration, and alignment with the state's economic development priorities, such as population growth, per-capita income growth, growth in employment
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Selected Foundation News
A customized collection of news from foundations from around the Web.
Foundation: Oshkosh Area Community Foundation
A nurse in Fond du Lac, Wis., is this year's recipient of the DAISY Award, given to those who go "above and beyond" to provide excellent patient care. Haley Birschbach, a nurse in medical...more
It's time for the US to get serious about regulating artificial intelligence, according to a new report from a bipartisan group of senators. The report from the Bipartisan Senate AI Working...more
Rayees Rahman may not be a household name, but he's the winner of a prestigious life-sciences investment competition in the United Arab Emirates. The 21-year-old won the JP Morgan Asset...more
Foundation: GE Foundation
"You showed up in the classroom. You showed up in the laboratory. You showed up on Zoom. And you showed up here today," University of Massachusetts Amherst Chancellor Javier Reyes told...more
The 14th annual Hawai'i Food & Wine Festival is scheduled to take place in October, and in addition to food and wine, festival-goers will get a chance to support local farmers, fishermen, and...more
Foundation: Highmark Foundation
The American Heart Association will be getting a CPR kit in West Virginia schools thanks to a hefty grant from the Highmark Foundation, the Charleston Gazette-Mail reports. The foundation's West...more
Foundation: Oregon Community Foundation
An Oregon museum that tells the story of the Confederated Tribes of Warm Springs is getting a major upgrade after a $20,000 grant from the Oregon Community Foundation, KTVZ reports. "On behalf of...more
How much does it take for a family of four to make ends meet in Wyoming? That's the question posed by the Wyoming Self-Sufficiency Standard, an annual report from the Center for Women's Welfare at...more
"If you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a...more
Foundation: Community Foundation of Herkimer and Oneida Counties
The Community Foundation of Herkimer and Oneida Counties has announced it has awarded more than $2 million in grants to organizations and initiatives primarily in the areas of human services,...more
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Highmark Foundation
Greater Manhattan Community Foundation
Topeka Community Foundation
Community Foundation of Northern Illinois
Community Foundation of Herkimer and Oneida Counties
Knox County Community Foundation
Black Hills Area Community Foundation
Colorado Trust
Point Foundation
Parker Foundation
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