MUNCIE — The East Central Indiana Regional Partnership (ECIRP) will apply for the state’s Regional Economic Acceleration Development Initiative (READI) program, in hopes of bringing up to $50 million in funding to the area, according to a release.

The region covered by the partnership includes Blackford, Delaware, Grant, Henry, Jay, Randolph and Wayne counties.

The initiative, announced in May by Indiana Gov. Eric Holcomb and the Indiana Economic Development Corp., is offering $500 million in state appropriations to promote strategic investments to "make Indiana a magnet for talent and economic growth," the release stated.

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Indiana regions, each of which is eligible to receive up to $50 million, have until July 1 to notify the IEDC of their intent to seek READI funding. The East Central Indiana Regional Partnership planned to submit its letter of intent in the coming days, the organization announced on Tuesday.

Upon submitting its application, ECIRP plans to convene stakeholders — including major employers and other anchor institutions — to create a regional development plan that outlines the current state of the region, its vision for the future and a game plan to invest in its growth and prosperity.
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