The Northwestern Indiana Regional Planning Fee’s complete financial improvement technique has been given a $70,000 increase from the U.S. Financial Growth Administration.
The plan, posted at nirpc.org, was adopted in Might following public enter classes late final 12 months.
Based on the EDA, the funding will promote the technique for Lake, Porter and LaPorte counties by bringing the private and non-private sectors collectively to strengthen the regional financial system and create extra job alternatives.
“Thanks to all of the management of NIRPC for efficiently using this federal useful resource and persevering with your initiatives to create the inspiration for extra financial progress in Northwest Indiana,” U.S. Rep. Frank Mrvan mentioned Thursday in asserting the grant. “I stay up for persevering with to construct on this momentum to create extra good-paying job alternatives for everybody in our area.”
“The Complete Financial Growth Technique represents the work of a number of regional stakeholders,” NIRPC Government Director Ty Warner mentioned in a information launch. “This award permits us to advance the strategic objectives within the CEDS, together with build up the workforce and trade clusters that can maintain Northwest Indiana economically aggressive effectively into the long run.”
Targets of the technique cope with financial diversification and innovation, workforce resiliency and high quality of place.
Two key areas to concentrate on are power and superior computing. For power, that would come with issues like prescription drugs, not simply refining fossil fuels or growing renewable power sources. For superior computing, that would come with programming for quantum computing in addition to knowledge facilities and different industries.
In the meantime, Porter County is at present engaged on a complete plan, the primary since 2001, to information land use and different points. Enter is being gathered at elevateportercounty.com.
The Northwest Indiana Regional Growth Authority’s new 20-year strategic plan features a nonprofit being set as much as assemble parcels and clear up brownfields to organize them for redevelopment. Placing that land again in productive use will likely be one other step towards enhancing each the standard of life and financial system within the area.
One other device is the creation of transit improvement districts, which encourage improvement inside a half mile of South Shore Line stations. That, too, guarantees to enhance the standard of life whereas fostering further financial improvement.
Doug Ross is a contract reporter for the Submit-Tribune.
