The Indiana Economic Development Corporation (IEDC) is the state’s preeminent public-private partnership, charged with helping launch businesses and driving economic development across the state.
The Indiana Secretary of Commerce and the governing body, a 15-member board chaired by Governor Mike Braun, manages many initiatives including, but not limited to, performance-based tax credits, workforce-training grants, innovation & entrepreneurship resources, public infrastructure assistance and talent attraction & retention efforts.
We will aggressively compete for every opportunity to generate Hoosier jobs at local and state levels
We will strive to broker best interests between community and clients, from business inception to execution
We will prioritize homegrown companies, even as we attract new businesses to improve overall state economy
For Hoosiers across the state, the IEDC is the messenger, the resource, and the support to bring economic prosperity to Indiana. Our work is far from over.
Mike Braun
Governor
Mike Braun is a conservative outsider who spent his career as a main street entrepreneur building a business and creating thousands of good-paying Hoosier jobs before being elected to the U.S. Senate in 2018. Mike has lived the American dream and his drive in becoming the next Governor of Indiana is to preserve the same freedom and opportunity to achieve prosperity for future generations of Hoosiers.
After graduating from Jasper High School in 1972 as class president and a letterman in football, basketball, and track, he attended Wabash College. At Wabash, Mike graduated summa cum laude with a degree in economics and as student body president.
After college, Mike married Maureen, his high school sweetheart, and the two moved to Boston where he attended Harvard Business School and earned his MBA. After business school, while the majority of Mike’s classmates took high-paying jobs on Wall Street, he chose to move back to Jasper to raise a family and build a career.
After a few years working for a national kitchen cabinet company in Jasper, in 1981, Mike got the entrepreneurial itch and took over a struggling farm equipment manufacturer called Meyer Body. Over the next 20 years, Mike lived the hardscrabble existence of a small business owner with 15 employees and his office in a used mobile home.
In the early 2000s, Meyer began to grow into a regional company and over the next 15 years grew into a national company that currently employs thousands of Americans with locations in 38 states. During his time growing a national company and serving in the US Senate, Mike never lost track of the lessons learned as a small business owner and has always kept the same main street values.
The values of faith, family, and community guided Mike while growing a business and raising a family, and have inspired his call to serve fellow Hoosiers throughout the years. Mike began his public service as a member of the local School Board for ten years and then as a State Representative from 2014-2017.
Mike has been a conservative voice for Hoosiers since his historic victory in the 2018 US Senate election, having led over 35 bills into law and was recently named the most effective first-term Republican Senator. Mike has also consistently been ranked as one of the most conservative members of the United States Senate, earning endorsements from Americans for Prosperity and CPAC, and maintains excellent ratings from the NRA, Family Research Council, National Right to Life, and Susan B. Anthony List.
Mike is an avid outdoorsman and enthusiastic morel mushroom hunter every spring. Mike and Maureen have been married for 47 years and have four adult children and seven grandchildren.
David Adams
Secretary of Commerce
David Adams has served as Indiana Secretary of Commerce and a member of Governor Mike Braun’s cabinet since his appointment in January 2025. In his role, Sec. Adams oversees multiple state agencies including the Indiana Economic Development Corporation, the Department of Workforce Development, the Governor’s Workforce Cabinet, the Indiana Destination Development Corporation, the Indiana Arts Commission, the Indiana State Fair and the Ports of Indiana, driving economic opportunity for the state and fostering an entrepreneurial environment for innovation.
Prior to becoming secretary of commerce, Adams served as a Managing Partner of Adams Advisors LLC and a Senior Advisor with the Boston Consulting Group where he leveraged his expertise on education, economic and workforce development to advise corporations, state and local governments and higher education leaders on economic growth and transformation.
Adams also previously served as Commissioner of the Indiana Department of Workforce Development, during which he put Indiana on a course that improved the state’s CNBC ‘America’s Top States for Business’ workforce ranking from 48th to currently 14th and successfully secured legislation and financial resources to support Governor Eric Holcomb’s workforce agenda. He also led the turnaround and merger of Indiana’s nearly $50 billion pension systems under former Governor Mitch Daniels.
Prior to his time with the Department of Workforce Development, Adams was the first chief innovation officer at the University of Cincinnati, where he was the visionary leader in the formation of the Cincinnati Innovation District. His work was adopted by the state and became the model for the state of Ohio which has resulted in an additional 45,000 STEM graduates, $6 billion in additional research and tens of thousands of high-value jobs for the state. Adams also previously held positions as chief administrative officer at the University of Louisville and CEO of the Institute for Product Realization – an innovation district focused on connecting the economic engine of the university with the business community.
Adams is a lifelong entrepreneur and has successfully engaged that spirit in a variety of different industries. He was a member of the leadership team that formed a business that became a NASDAQ 50 company and created the supply chain management space. He has started, invested and successfully exited numerous companies. Adams’ work ranges from engaging start-ups to Fortune 500 companies, generating over $1 billion in new revenue throughout his career. He has served in executive leadership roles both nationally and internationally.
As a first-generation college graduate, Adams is passionate about education and was a founding board member of the Enlace Academy in Indianapolis. He is a graduate of the Speed Scientific School of Engineering at the University of Louisville and holds a Bachelor’s degree and Master’s degree in Industrial Engineering.
Adams was previously awarded one of ‘Indiana’s Leading Entrepreneurial Business Mentors’ by the state of Indiana, has made numerous national media appearances, is a frequent speaker and author, and is a contributing writer for Forbes.
Jeff Blade
Executive Director
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Joel Gorelick
Board Member
Dominic Grote
Board Member
Richard L. Johnson, Jr.
Board Member
Michael Kubacki
Board Member
Dr. John C. Lechleiter, Ph.D.
Board Member
Kristin M. Marcuccilli
Board Member
Sue McCloskey
Board Member
Fred J. Merritt
Board Member
Mark D. Miles
Board Member
Mark D. Miles is President and Chief Executive Officer of Penske Entertainment Corp., comprised of the Indianapolis Motor Speedway (IMS), INDYCAR and IMS Productions (IMSP).
From January of 2013 to January of 2020, Miles was President and Chief Executive Officer of Hulman & Company, the previous parent organization of IMS, INDYCAR and IMSP. During this time, Miles and his leadership team presided over the sold-out 100th Running of the Indianapolis 500 Mile Race and several years of attendance and viewership growth for the NTT IndyCar Series.
Prior to entering the world of motorsports, from January 2006 through December 2012, Miles was President and Chief Executive Officer of Central Indiana Corporate Partnership Inc. (“CICP”), a nonprofit, regional alliance of corporate CEOs and university presidents focused on long-term growth and economic development throughout the Central Indiana region, including strategic priorities as wide-ranging as human capital (education), entrepreneurship and innovation, government reform, and mass transit.
In 2008, Miles led a successful effort to earn Indianapolis the right to host Super Bowl XLVI. He was Chairman of the Board of the 2012 Super Bowl Host Committee, with 18 staff members and thousands of volunteers, and which served as an extension of the National Football League in the local community to centralize planning and execution of the 2012 Super Bowl event.
In conjunction with the 2012 Super Bowl, Miles spearheaded a civic effort known as the Legacy Project to effect positive change throughout the surrounding community. Legacy Project work done on the Near Eastside of Indianapolis creating a lasting legacy and impact far beyond game week – with special emphasis on Youth Education Town and revitalization of the East 10th Street business district.
From August 1990 through 2005, Miles was Chief Executive Officer of the Association of Tennis Professionals (“ATP”). While there, Miles built the ATP into a world-class, professional organization, stabilized a sport that was struggling to compete with other sports and entertainment entities, posted impressive revenue gains, launched innovative marketing initiatives, and expanded its global presence through successful events in Asia, the Middle East and Latin America.
Dayton Molendrop
Board Member
Amy Schumacher
Board Member
John T. Thompson
Board Member
Mr. Thompson is Chairman and Chief Executive Officer of the following, Indianapolis-based organizations: Thompson Distribution Company, Inc.; First Electric Supply Company, LLC; CMID; and BC-SESCO. Mr. Thompson also served as a consultant for McKinsey and Company in the New York and London offices from 1981-1982. In 1983 he operated as an independent consultant to several Fortune 500 corporations from a NYC office. From 1984 to 2001, Mr. Thompson served as Vice President of Mays Chemical Company, Inc. in Indianapolis.
He serves on the Boards of The National Bank of Indianapolis-Chair ALCO Committee; Heron Capital’s Advisory Board; Specialized Component Parts Limited; Indy Chamber (Past Chairman); Central Indiana Corporate Partnership (CICP); Indiana Economic Development Corporation-Chair-Entrepreneurship Committee; National Center for Complex Operations (NCCO), Past Chairman); Chair Eskenazi Health Foundation; Riley Children’s Hospital Foundation-Treasurer; Crossroads of America Council of Boy Scouts-President Elect; Indiana Chamber of Commerce; 2021 NBA All-Star Game; Indy Championships Fund; Greater Indianapolis Progress Committee; Columbia University Graduate School of Business; Board President Elect-Crossroads of America Council (Scouting).
Linda E. White
Board Member