Building a Better City for Business

What is IEDI’s focus? Indianapolis Economic Development, Inc. JOBS! 1.Retain 2.Create 3.Attract

Targeted Industries Indianapolis Economic Development, Inc. Advanced Manufacturing Information Technology Energy Logistics Life Sciences Motorsports

Recent Successful Projects Indianapolis Economic Development, Inc. Bucher & Christian 200 new jobs/276 retained jobs Apparatus 130 new jobs/73 retained jobs Beckman Coulter 100 new jobs/400 retained jobs Comlux 400 new jobs/80 retained jobs Dow AgroSciences 100 new jobs/1,031 retained jobs Rexnord Industries 43 new jobs/189 retained jobs B U C H E R + C H R I S T I A N

New/Retained Jobs Indianapolis Economic Development, Inc. Note: The spike in 2006 was attributable to two significant projects: Rolls Royce – 600 created jobs, 4,000 retained jobs and FedEx – 800 created jobs, 4,000 retained jobs.

Successful Projects Indianapolis Economic Development, Inc.

2010 Initiatives Indianapolis Economic Development, Inc. Increase funding to increase capacity of the organization and make direct investments to spur development. Recruit international companies. (Brazil, China, India, Europe) Launch a coordinated effort with other city agencies to improve education, train workforce, improve infrastructure, redevelop commercial property, and grow jobs. Develop a reuse plan for the downtown Certified Technology Park.

Why Indianapolis is a Great Place to Start and Grow a Business Indianapolis Economic Development, Inc. Some of the lowest business operating costs in the nation based on labor, energy, and taxes A central geographic location accessible by 5 interstates, 5 rail lines, and a new $1 billion international airport terminal Office and industrial lease rates that are among the lowest in the nation for a market of comparable size Access to an available, skilled, and dedicated workforce Local and state incentive programs for new businesses

Why Indianapolis is a Great Place to Start and Grow a Business Indianapolis Economic Development, Inc. Indianapolis ranks as one of the top-10 “Best Cities for Jobs.” (Forbes, January 2008) Indiana has the best business tax climate in the Midwest and ranks 12 th of all states. (Tax Foundation, 2000) Corporate CEOs rank Indiana as the 8 th best state in the U.S. to do business. (CEO Magazine poll of 605 top executives, January 2008) Indiana has the 4 th lowest business costs in the nation, based on labor, energy and taxes. (Forbes, July 2007)

Biggest Opportunities Indianapolis Economic Development, Inc. 1.Past investment in infrastructure and amenities will continue to pay dividends. 2.Conservative fiscal policy has positioned us better than other cities/states and will pay off in the coming years. 3.Becoming known on the world stage – Indianapolis 500, Super Bowl, world-class airport, expanded convention center, etc. 4.Becoming more proactive in business recruitment and retention. 5.Growing life sciences, IT, advanced manufacturing and other high-tech and green jobs.