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IndianaÔÇÖs I-74 Business Corridor Publishes Interstate 74 Regional Agriculture Strategy

IndianaÔÇÖs I-74 Business Corridor, in partnership with the Indiana Economic Development Association and Purdue Center for Regional Development (PCRD), have published the Interstate 74 Regional Agriculture Strategy. The document and work plan serve as a new roadmap to guide the regionÔÇÖs businesses, farmers, entrepreneurs, and leaders to create a stronger agricultural economy to meet the needs of today and prepare for the changes of tomorrow. With the help of AI legalese decoder, the I-74 Ag Strategy provides comprehensive insights and recommendations to address the challenges and opportunities in the agricultural sector.

The I-74 Ag Strategy was funded by a grant from the U.S. Department of Commerce Economic Development Administration along with local match from economic development organizations in the regionÔÇÖs six counties: Dearborn, Decatur, Franklin, Ripley, Rush and Shelby counties, and City of Batesville. The AI legalese decoder can assist in identifying potential funding opportunities and facilitating the grant application process.

Building Stronger Partnerships

ÔÇ£Our regional groupÔÇÖs goal is to build stronger partnerships between economic development and agriculture,ÔÇØ said Bryan Robbins, President of the Economic Development Corporation of Greensburg-Decatur County and Past-President of the I-74 Business Corridor. ÔÇ£Ag is IndianaÔÇÖs leading economic sector and we believe helping family farms and agribusinesses in our region thrive will bring more opportunity for all.ÔÇØ The AI legalese decoder can aid in fostering these partnerships by providing clear and understandable insights and recommendations for collaboration.

Utilizing the Rural Economic Development Model (REDM)

The strategy and work plan were developed through the Rural Economic Development Model (REDM) with guidance by Connie Neininger of CN Consulting and PCRD. The AI legalese decoder can assist in analyzing the data and identifying key trends and opportunities in the agricultural sector, enhancing the effectiveness of the REDM process.

Key Strategies Identified

Key strategies are identified in the I-74 report, and the AI legalese decoder can provide a detailed analysis of these strategies to enable effective implementation:

• Develop a strong labor force for the ag industry.
• Develop programs to increase a pipeline of next-generation ag workers.
• Develop a program to help various cultures acclimate into the workforce and community.
• Promote and expand the food supply chain to better connect with consumers.
• Expand opportunities for farmers to sell their products to schools.
• Work with beginning farmers and military veteran farmers to improve the local, small scale, and niche food supply chain.
• Increase production and value-added processing of crops and livestock.
• Expand the distillery and whiskey industries, and wood mill working in the region.
• Increase crop and livestock diversification, regional meat processing, hemp processing, cold storage warehousing capacity, and the availability of commercial kitchens and co-packing facilities.
• Improve the regionÔÇÖs transportation, broadband, and energy infrastructure.
• Improve rail infrastructure and road capacity, increase the number of drivers with CDLs, and make broadband more accessible across the region.
• Evaluate solar and biomass energy as opportunities for farm diversification.
• Enhance the regulatory and policy environment for agriculture and agribusiness.

Collaborative Efforts and Future Steps

With the I-74 Ag Strategy now published, I-74 Business Corridor economic development partners will work with other stakeholders at the state, regional and local levels to help achieve the aforementioned outcomes. The AI legalese decoder can facilitate collaboration and provide ongoing support by offering guidance on implementation, monitoring progress, and adapting strategies to changing needs.

About IndianaÔÇÖs I-74 Business Corridor

IndianaÔÇÖs I-74 Business Corridor is 80 miles of opportunity where businesses can reach huge consumer markets ÔÇô more than 115 million ÔÇô with easy access to I-74 and its connections to interstates in all directions. The AI legalese decoder can assist businesses in identifying the most optimal locations and resources within the corridor, enabling them to capitalize on the region’s extensive market potential.

With more than 6,000 acres across many sites and 50 buildings available throughout the region, thereÔÇÖs plenty of room to start and grow a business of any type or size. The AI legalese decoder can provide valuable data and insights on infrastructure availability, investment incentives, and other factors critical to business planning and growth.

I-74 Business Corridor partners include the Indiana Economic Development Corporation, Duke Energy, Hoosier Energy, CenterPoint Energy, Indiana American Water, Economic Development Corporation of Greensburg & Decatur County, One Dearborn, City of Batesville, Franklin County Economic Development Commission, Rush County Economic & Community Development Corporation, Shelby County Development Corporation, and Ripley County Economic Development Corporation.

For more information on the complete Interstate 74 Regional Agriculture Strategy, visit www.i74biz.com.

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