More opportunities for regional growth and development are coming from the Regional Economic Acceleration Initiative (READI) after the Indiana General Assembly appropriated another $500 million in the legislative session that ended last month to be divided among regions throughout the state.

The first $500 million round of funding in 2021 resulted in a $50 million allocation to the Our Southern Indiana Regional Development Authority to be distributed on projects in Clark, Floyd, Jefferson, Scott and Washington counties. In Jefferson County, $5,900,000 is going towards a Hanover College-IU Southeast Madison veterinary teaching school and $2,556,2000 to an assortment of Destination Madison projects.