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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 3 sources · 8 days · First seen · Last updated
Indiana economic and infrastructure development
Overview
Governor Mike Braun has outlined several initiatives to drive economic growth and infrastructure improvements across Indiana. In the Indiana Uplands region, development has focused on defense and life sciences, supported by partnerships with Indiana University and the Naval Surface Warfare Center Crane. Since January 2025, this region has seen the launch of over 50 new businesses and secured $71.7 million in capital for small businesses.
Further state-wide efforts include the launch of the ADAPT grant program, which utilizes $10.79 million from the U.S. Department of Energy to assist automotive suppliers in transitioning to hybrid, electric, and hydrogen-powered vehicle component manufacturing. Additionally, nearly $110 million in INDOT Community Crossings Matching Grants has been allocated to 346 local governments for road and bridge improvements to enhance safety and business growth.
Entities
Mike Braun · Indiana Uplands · Kratos Defense & Security Solutions · U.S. Department of Energy · Indiana Department of Transportation
Timeline
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[BUSINESS] 3 sourcesGovernor Braun announces automotive and infrastructure funding for Indiana
Governor Mike Braun announced $10.79 million for automotive manufacturing transitions and nearly $110 million in matching grants for Indiana infrastructure and road improvements.
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[BUSINESS] 2 sourcesGovernor Mike Braun highlights economic growth in Indiana Uplands
Governor Mike Braun reported significant economic growth in Indiana's Uplands region, including 50 new businesses and $71.7 million in capital secured since January 2025.
Sources
readthereporter.com · wbiw.com · wibc.com