PLAINFIELD, Ind. – For the first time, Duke Energy Indiana has awarded grants ranging from $3,000 to $5,000 to five regional economic development groups in Indiana as part of the company’s inaugural Foreign Direct Investment Partnership Program.
“Duke Energy and our partners have had great success in attracting companies from a number of foreign countries to establish their manufacturing operations in our communities,” said Erin Schneider, director of economic development for Duke Energy Indiana. “Indiana offers a stable economy, superior logistics and a competitive business climate.”
The five regional organizations which received the grants include:
- Radius Indiana
- Southwest Indiana Development Council
- South Central Indiana Economic Development
- Indiana Technology Corridor
- East Central Indiana Regional Partnership
Regional economic development groups may use the funds for international sales trip coordination fees, international conference and trade show registrations, and the translation of marketing collateral. Funding may not be used for travel, lodging, food and beverage or entertainment expenses. They must also create a method for measuring and tracking program outcomes.
About Duke Energy Indiana
Duke Energy Indiana’s operations provide about 6,800 megawatts of owned electric capacity to approximately 820,000 customers in a 23,000-square-mile service area, making it the state’s largest electric supplier.
Duke Energy is a Fortune 125 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com.
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Contact: Lew Middleton