Indiana § 5-28-6-1 Duties of the corporation

Indiana Statutes

§ 5-28-6-1 — Duties of the corporation

Indiana § 5-28-6-1

Title 5STATE AND LOCAL ADMINISTRATION

Art. 28INDIANA ECONOMIC DEVELOPMENT

Ch. 6Duties

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Bluebook

Ind. Code § 5-28-6-1 (2026).

Text

The corporation shall do the following:

(1)Create and regularly update a strategic economic development plan that includes the following:

(A)Identification of specific economic regions within Indiana and methods by which the corporation will implement more regional collaboration between the corporation and the various local economic development organizations within these regions.

(B)Methods by which the corporation will implement more collaboration between the corporation and the various state economic development organizations within the states contiguous to Indiana.

(2)Establish strategic benchmarks and performance measures.

(3)Monitor and report on Indiana's economic performance.

(4)Market Indiana to businesses worldwide.

(5)Assist Indiana businesses that want to grow.

(6)Solici

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The corporation shall do the following:
(1) Create and regularly update a strategic economic development
plan that includes the following:
(A) Identification of specific economic regions within Indiana
and methods by which the corporation will implement more
regional collaboration between the corporation and the various
local economic development organizations within these regions.
(B) Methods by which the corporation will implement more
collaboration between the corporation and the various state
economic development organizations within the states
contiguous to Indiana.
(2) Establish strategic benchmarks and performance measures.
(3) Monitor and report on Indiana's economic performance.
(4) Market Indiana to businesses worldwide.
(5) Assist Indiana businesses that want to grow.
(6) Solicit funding from the private sector for selected initiatives.
(7) Provide for the orderly economic development and growth of
Indiana.
(8) Establish and coordinate the operation of programs commonly
available to all citizens of Indiana to implement a strategic plan
for the state's economic development and enhance the general
welfare.
(9) Evaluate and analyze the state's economy to determine the
direction of future public and private actions, and report and make
recommendations to the general assembly in an electronic format
under IC 5-14-6 with respect to the state's economy. The report
prepared under this subdivision must include recommendations
for strategies and plans for collaboration by the corporation with:
(A) local economic development organizations within
geographic regions in Indiana; and
(B) the various state economic development organizations
within the states contiguous to Indiana.
(10) Assemble and provide information to the commission for
higher education and the department of workforce development
concerning the economic benefits of residing and working in
Indiana as required under IC 21-18-15-4(b).

Legislative History

As added by P.L.4-2005, SEC.34. Amended by P.L.114-2011, SEC.3; P.L.172-2011, SEC.23; P.L.6-2012, SEC.37; P.L.53-2014, SEC.69; P.L.121-2016, SEC.14; P.L.143-2019, SEC.9.