The Indiana Economic Development Association Foundation (IEDAF) today announced the release of a comprehensive study, “Best Practices for Attracting Talent,” that provides valuable insights and recommendations for communities seeking to attract and retain top talent.

The study, conducted in partnership with the Indiana Economic Development Association (IEDA), explores a range of strategies and initiatives implemented by communities across the United States to successfully attract and retain talent. Key areas of focus include childcare initiatives, place-based grants and incentives, and sector-based efforts.

“This study offers invaluable guidance for Indiana communities seeking to enhance their competitiveness and economic growth,” said Matt Kavgian, Executive Director at the Indiana Economic Development Association Foundation. “By understanding and implementing best practices identified in the study, we can create a more attractive environment for talent and foster economic development throughout the state.”

The study's findings and recommendations are designed to assist communities in:

• Improving childcare access: The study highlights the importance of affordable childcare in attracting talent and explores successful programs and policies implemented by other states.
• Leveraging place-based investments: The study identifies innovative approaches for attracting talent through targeted investments in infrastructure, amenities, and quality of life.
• Tailoring strategies to specific industries: The study provides guidance on developing sector-specific initiatives to meet the unique talent needs of different industries.

STUDY

The IDEAF and IDEA wish to thank the numerous community-minded sponsors whose generosity made this study possible.