{"id":122926,"date":"2025-09-24T13:54:07","date_gmt":"2025-09-24T17:54:07","guid":{"rendered":"https:\/\/aroundfortwayne.com\/news\/?p=122926"},"modified":"2025-09-24T19:51:36","modified_gmt":"2025-09-24T23:51:36","slug":"indiana-governor-brauns-strategy-increases-wages-roi-for-hoosier-taxpayers","status":"publish","type":"post","link":"https:\/\/aroundfortwayne.com\/news\/2025\/09\/24\/indiana-governor-brauns-strategy-increases-wages-roi-for-hoosier-taxpayers\/","title":{"rendered":"Indiana Governor Braun\u2019s strategy increases wages, ROI for Hoosier taxpayers"},"content":{"rendered":"

\"\"<\/p>\n

At the quarterly board meeting of the Indiana Economic Development Corporation today, Indiana Governor Mike Braun highlighted the successes of his administration\u2019s new approach to economic development.<\/p>\n

<\/p>\n

News release from Indiana Governor Mike Braun’s office:<\/p>\n

Governor Braun\u2019s Strategy Increases Wages, Return-on-Investment for Hoosier Taxpayers<\/strong>
\n\u201cOur focus is on outcomes for taxpayers and Hoosiers can rest assured that we are delivering.\u201d<\/em><\/p>\n

Indianapolis, Indiana (September 24, 2025) \u2013 At the quarterly board meeting of the Indiana Economic Development Corporation (IEDC) today, Governor Mike Braun highlighted the successes of his administration\u2019s new approach to economic development.<\/p>\n

Governor Braun highlighted that year over year, the average wage of jobs incentivized by the IEDC to come to Indiana has increased from $37 to $41, a 10% increase \u2014 that\u2019s over $8,000 annually per job.<\/p>\n

Results are going up, and costs are coming down: since Governor Braun took office, the average cost per incentivized job decreased from $55,000 per job to $16,000 per job.<\/p>\n

\u201cOur economic development priorities are very simple: increase wages and increase jobs. There has never been a better time to build a business or a career in Indiana. In addition to pursuing large companies and partners to do business in Indiana, we\u2019re working to grow the Main Street economy.\u201d \u2013 Governor Mike Braun<\/p>\n

The IEDC board also voted to release the results of the IEDC forensic audit following legal review. Governor Braun spoke briefly about the audit, noting that it confirmed the need for increased transparency and accountability for how taxpayer money is spent.<\/p>\n

Those concerns are being addressed with steps such as a new board policy that requires all votes to be taken by the full board instead of in committees, a new policy that ensures investment activity stays in Indiana, and a plan to wind down the Indiana Economic Development Foundation.<\/p>\n

Future iterations of contracts with partners such as Elevate Ventures and ARI will reflect these new policies and oversight controls to ensure full transparency and maximum value for taxpayer dollars. Additionally, the Governor\u2019s office will receive an appointment on the Elevate Ventures board.<\/p>\n

\u201cWhile we are increasing the focus on Main Street businesses, we are also taking steps to ensure that large companies and partners looking to expand their operations know that Indiana is the best place in the country to build and grow a business.\u201d \u2014 Governor Mike Braun<\/p><\/blockquote>\n

 <\/p>\n

Related Images:<\/h3>
\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t\t\t\n\t\t\t\n\t\t<\/a>\n\t<\/div>","protected":false},"excerpt":{"rendered":"

At the quarterly board meeting of the Indiana Economic Development Corporation today, Indiana Governor Mike Braun highlighted the successes of his administration\u2019s new approach to economic development.<\/p>\n","protected":false},"author":1,"featured_media":106746,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[7107],"tags":[6938,37945,2224,30738,31451,1153,30193],"class_list":["post-122926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indiana-governor","tag-elevate-ventures","tag-iedc-forensic-audit","tag-iedc-indiana-economic-development-corporation","tag-iedf-indiana-economic-development-foundation","tag-indiana-governor-mike-braun","tag-indianapolis-indiana","tag-state-of-indiana"],"yoast_head":"\nIndiana Governor Braun\u2019s strategy increases wages, ROI for Hoosier taxpayers - AroundFortWayne<\/title>\n<meta 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