READI 2.0 | South Bend – Elkhart Region


South Bend - Elkhart Region

Welcome to the South Bend - Elkhart region's READI 2.0 landing page. Here is where you will find updates posted regarding the planning process for READI 2.0 in Elkhart, Marshall, and St. Joseph counties.

We are excited to share that Indiana Economic Development Corp. (IEDC) launched READI 2.0 earlier this month. Once again, regions must apply to the state for funding. Should our region receive an award in Q2 of 2024, the region will then conduct a process to select local projects in summer 2024.

This time, regions can apply for up to $75 million, and only capital projects will be eligible. More information can be found at IEDC’s 2.0 READI resources.

Click here to sign up for IEDC’s READI 2.0 newsletter


READi 2.0

October 13, 2023

FAQs posted publicly.

September 2023 – February 2024

Regions develop their funding applications; IEDC visits each participating region to see READI 1.0 investments and discuss future vision and strategy.

February 16, 2024

Regional applications due to IEDC.


Proposed IEDC Board approval of investment commitments and allocations to regions. Exact date to be announced at a later date.

May 2024

IEDC begins coordination with regions in identifying regionally significant capital and infrastructure projects for investment.

Maximum Regional Award: $75 million


Ramp Up READI 2.0

The South Bend Elkhart - Regional Partnership is excited to invite you to be part of the input process for our region’s application for READI 2.0 funding from the Indiana Economic Development Corp. The region’s application is due 2/16/2024. IEDC anticipates announcing regional awards in Q2 2024.

The READI program funds capital projects in service of talent attraction and retention for the region. Past projects include investments in Wellfield Botanic Gardens in Elkhart, Portage Place project in South Bend, and the Marshall County Career Innovation Center.

Please register to attend one of six identical workshops across the region in November. These working sessions will cover:

  • READI 2.0 overview
  • Stakeholder input into the region’s 1-, 5-, and 10-year vision
  • Next steps in the region’s application for funding

Who should attend: municipal partners, developers, entrepreneurs, residents, and those with a passion for our region’s prosperity. The event is free and all are welcome. To register, please use the links below.