Regional Cities Initiative - North Central Indiana
Funding Amount
$42,000,000
Deadline
Rolling / Open
Grant Type
foundation
Overview
Regional Cities Initiative - North Central Indiana
Funder: Indiana Economic Development Corporation (IEDC)
Overview:
The Regional Cities Initiative is a state-level program spearheaded by Indiana that provides funding to support quality of place projects designed to attract and retain top talent in designated regions. The South Bend-Elkhart region (North Central Indiana) was selected as one of three Indiana regions to receive state funding through this initiative.
Geographic Scope:
Total Award for Region: $42,000,000 allocated toward approximately 100 quality of place projects totaling more than $2 billion in combined state, local, and private investment
Focus Areas:
Projects must address one or more of the following:
Examples of funded projects include:
Eligibility Requirements:
- 60% private sector funding
- 20% local government co-investment
- 20% state government co-investment
What They Don't Fund:
Regional Administration:
Contact Information:
Background:
Passed in 2015 with bipartisan support by the Indiana General Assembly. The initiative is overseen by the Indiana Economic Development Corporation and aims to help regions develop positive and unique national brands to become destinations for talent. The South Bend-Elkhart region submitted the "Innovate Indiana" plan outlining 39 regional development projects in three counties totaling $703 million in quality of place investments.
How to Apply
Application Process
Funding Rounds:
Round 1 (2016):
Round 2 (2017):
Application Materials Required:
1. Intake Form - includes:
- Project description
- Budget and funding sources
- Implementation timeline
- Return on investment analysis
- Alignment with Smart Connected Communities plan
2. Full Application (if invited after Intake Form) - includes:
- Detailed project narrative
- Financial documentation
- Evidence of matching fund commitment
- Implementation plan
Evaluation Criteria (IEDC and RDA Standards):
Process Timeline:
1. Submit Intake Form
2. RDA Board reviews submissions
3. Qualifying projects invited to submit full application
4. RDA Board votes on funding recommendations
5. Approved projects move to IEDC for final approval
6. Funding awarded
7. Projects must complete all matching fund commitments
Smart Connected Communities Plan Connection:
All projects must align with the region's "Smart Connected Communities" strategic plan developed in 2015, which guides the Regional Development Authority's project selection.
Focus Areas & Funding Uses
Fields of Work
Categories
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