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OMB > Government Efficiency & Financial Planning > Performance Metrics > Economic Development Corporation, Indiana Indiana Economic Development Corporation

Agency Heads: Nate Feltman

GEFP Liaison: Tristan Vance

FY 2006 Appropriations: $68 million

Approximate # Employees: 75

Mission Statement: To retain Indiana businesses, help Indiana businesses grow, and attract new businesses to Indiana.

Overall Performance:

Average wage of new jobs created as a percentage of the state average wage

Retain, Grow, and Attract (Start-ups as well): Job creation commitments achieved through IEDC incentives

Amount of private investment commitment leveraged by IEDC incentives

Average years to recover State investment (Payback period)

Percentage of pre-commit letters that result in an actual deal (Accepted)

Average length of time (in calendar days) from receipt of completed project profile to issuance of pre-commit letter

Fundraising Metric (in dollars)

Avg. wage of new jobs created as a percentage of the national average wage

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