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A New Strategy for Economic Growth Region 8

Map of Region 8

Purdue University and Indiana University in cooperation with state government have teamed up to create a new strategy for Economic Growth Region 8 (EGR 8). This region includes Brown, Daviess, Greene, Lawrence, Martin, Monroe, Orange and Owen counties.

The U. S. Economic Development Administration (EDA) is funding this research project to develop a model that can be used by America’s rural communities. The Purdue-Indiana University team was chosen as one of only two grantees in the nation. This model will assess and maximize their regional economic advantages. The new strategy will build upon EGR 8’s economic assets.


A Focus on Growth Clusters

The research component will focus on business clusters as the foundation for future economic growth. Clusters are groups of businesses that share common or complementary markets, suppliers, or workforce skills. Leaders in each of the eight counties will help identify competitive niches and implementation strategies to take advantage of EGR 8’s growth-cluster opportunities.


The Planning Process

The universities will complete the EGR 8 cluster research in early spring. The regional planning process involving local officials and stakeholders will begin in late March and conclude by the end of May. An Indiana-based planning firm, Strategic Development Group, will assist Purdue University, Indiana University, and local stakeholders in developing this strategy.

Representatives from government, business, education and other sectors will be asked to provide critical information for the development of the regional strategy and national model. The Purdue-Indiana University team will be available to report to county commissioners, mayors, and city and town councils on the planning process.


How Will the New Economic Development Strategy Help this Region and My Community?

This strategy will set the stage for an ongoing regional initiative to stimulate new investment and job creation within all participating counties. The potential growth clusters identified in the regional strategy will be provided to each EGR 8 community for its economic development effort.