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Pence announces initiative regarding continued economic development in Indiana

INDIANAPOLIS (WISH) – Governor Mike Pence announced a significant initiative regarding continued economic development in Indiana Thursday morning.

The governor made the announcement at the Annual Innovation Showcase in Indianapolis.

Governor Pence provided the opening remarks at the showcase at the Dallara IndyCar Factory in Speedway.

“As a state, we have worked diligently to establish a pro-growth business climate in Indiana and our efforts are being recognized across the nation,” said Governor Pence. “We cut costs, lowered taxes and reduced regulations to allow job creators to invest in what matters most – in their businesses and in their employees. Indiana is ranked first in the Midwest for business and first in the nation for small business regulations, but we’re not done yet. We must build on this economic momentum and increase collaboration between educators, community leaders, industry partners and most importantly, idea generators, to further propel innovation across the Hoosier state for generations to come.”

The Innovation Showcase is a two-day event and is expected to draw nearly a thousand innovators, entrepreneurs and investors.

WISH-TV will have a full report on Governor Pence’s announcement on 24-Hour News 8 at noon.