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State launches grant program aimed at tourism

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Indiana tourism officials will have a new $400,000 pool to tap this year to attract visitors.

Lt. Gov. Becky Skillman on Wednesday announced a new grant program called The Place Based Investment Fund to provide grants for "community and economic development projects to enhance Indiana cities and towns.”

The Indiana Office of Tourism Development will contribute $300,000 from the state’s general fund to the grant pool. Another $100,000 will come from the state’s tobacco settlement money through the Office of Community and Rural Affairs.

Convention and visitor bureaus, local and regional economic development agencies, units of local government and community foundations are eligible to apply for the grants, which will range from $25,000 and $50,000 each.

The Place Based Investment Fund grant was created as a result of the 2011 Tourism in the 21st Century study, led by the tourism offices, Ball State University and the University of Southern Indiana. The study included input from more than 200 local government and economic development officials who attended town hall meetings throughout Indiana. An additional 500 Indiana tourism and economic development experts were surveyed, state officials said.

The grants will be targeted toward initiatives across Indiana that benefit residents as well as visitors. Examples of eligible initiatives include streetscapes, parks, sidewalk improvements and other capital projects unique to an area, Skillman said, adding that she expects the new grants to create a “lasting impact.”

There is a one-to-one cash match requirement to qualify for the grant. At least two partners must contribute to the cash match, although it is not necessary that the match be shared equally between the partners.

Additional cash-match funding will receive favorable consideration, state officials said, and state and federal funds and in-kind contributions will not count toward the match.

 

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  • Hire H1B Workers from India ; This will improve tourism and also economy
    In stead you can use these funds to sponsor H1B workers from India especially people like me who worked in US for 8+ yrs on H1B previously. That will improve your tourism and also economy.
  • Tobacco funds???
    Economic development at the local level is critical but I'm confused and dismayed that $100K from the tobacco settlement, intended for anti-tobacco programs, is being diverted to tourism. This is especially disappointing as tobacco use in Indiana beginning to creep up again.

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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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