About Indiana Economic Development Corporation

 

The Indiana Economic Development Corporation (IEDC) is the State of Indiana's lead economic development agency. The IEDC was officially established in February 2005 to replace the former Department of Commerce. In order to respond quickly to the needs of businesses, the IEDC operates like a business. Led by Indiana Secretary of Commerce and IEDC Chief Executive Officer "president" Nathan J. Feltman, the IEDC is organized as a public private partnership governed by a twelve-member board. The IEDC Board of Directors is chaired by Governor Mitch Daniels and reflects the geographic and economic diversity of Indiana. The IEDC focuses its efforts on growing and retaining businesses in Indiana and attracting new business to the State of Indiana.

The IEDC is focused exclusively on economic development and has incorporated all state entities with economic development responsibilities into its organizational structure. With its new structure and improved tool-kit resulting from a successful legislative effort undertaken by the Governor and the Indiana General Assembly, the IEDC is equipped and ready to make Indiana competitive in the 21st Century economy.

Nathan J. Feltman
Secretary of Commerce

Nathan Feltman is the Secretary of Commerce for the state of Indiana and Chief Executive Officer of the Indiana Economic Development Corporation (IEDC).  For the past two years he was the Executive Vice President and General Counsel of the IEDC.

Prior to joining the IEDC, Feltman was a partner at the law firm Ice Miller where he concentrated his practice on mergers and acquisitions, and cross-border transactions, including the representation of private equity funds and venture capital firms. 

Nate’s prior experience also includes living and working in Moscow, Russia from 1995 to1998 where he represented multi-national companies entering the Russian market during an incredibly interesting period in Russia’s transition to a market economy.

Before returning to Indiana in 2003, he practiced law in Chicago for five years, representing private equity and venture capital funds and counseling U.S. companies, foreign investors, and multi-national companies in their overseas activities. 

Feltman is a native of Mishawaka, Ind. and earned undergraduate degrees in business (BS) and political science (BA) from Indiana University-Bloomington (1992), and a law degree from Indiana University School of Law-Indianapolis (1994).  He also completed a master’s degree in Russian Law (LL.M.) at the Institute of State and Law, Russian Academy of Sciences in Moscow, Russia.    Feltman has also served as an adjunct professor at Indiana University School of Law-Indianapolis.

IEDC Board of Directors

Nathan J. Feltman