Web Site Address: lawrenceburgRED.com
This program was originated in 2006 to address our responsibility to invest certain gambling revenue funds in the regional economic development environment. The fund started out with $30 Million Dollars in funding for a three (3) year funding cycle (2006, 2007 & 2008). So far, we have committed over $17 Million Dollars to projects that have generated over 3000 manufacturing jobs and planted the seeds to harvest many, many more in years to come.
There are ten (10) counties in Southeastern Indiana eligible for grant funding. Program changes for 2008 included adding Dearborn County as an eligible county and adding “Action Grants” to our program which are grants that can be accessed throughout the year to assist in the direct funding of projects that are directly tied to job creation or expansion. The 2008 grants are due in at the end of March, 2008. Currently the eligible counties are Dearborn, Franklin, Union, Jackson, Jefferson, Decatur, Bartholomew, Ripley, Fayette and Jennings. City Council will review the program effectiveness and value to the City this fall and determine whether it returns next year and at what funding level.