The Indiana Economic Development Corp.’s foundation is showing no signs of shutting down — spending almost $500,000 last year despite indications from leaders that the entity was on its way out.

Indiana Gov. Mike Braun tapped Department of Workforce Development Commissioner Josh Richardson to serve as the IEDC’s president.

The state's monthslong audit of the Indiana Economic Development Corporation includes details about potential conflicts of interest and pointed to "the potential for favoritism and misuse of public funds."

Agency announces accountability policies, lets Elevate Ventures — an entity of interest — resume investments and nab loan.

Indiana Gov. Eric Holcomb will travel with state Commerce Secretary Brad Chambers to Sweden, the United Kingdom and Monaco from April 24 to May 1 for meetings with business and government leaders in those countries, the Indiana Economic Development Corp. said.

The school last week announced the lab will be a place for entrepreneurship, innovation and education collaboration.

Communities across Indiana will soon find out whether they will share in $500 million that state officials are giving out for regional economic development projects.

Discount retailer Five Below will locate a Midwest distribution center in Shelby County, creating more than 470 new jobs by the end of 2025, the company and the state announced Wednesday.

The Indiana Economic Development Corp. says Holcomb is arriving in Asia on Monday and is scheduled to start meetings Tuesday in China.

Gov. Eric Holcomb spent Tuesday in Tokyo where his meetings included time with executives from Subaru and Honda, both of which have major auto assembly plants in Indiana.