fayette county industrial development corporation
- Company typePrivate
- Founded1986
- HeadquartersConnersville, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
fayette county industrial development corporation firmographics
Firmographics- Name
- fayette county industrial development corporation
- Legal name
- Fayette County Industrial Development Corporation
- Website
- https://edgconnersville.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
fayette county industrial development corporation industry classification
Industry- Product category
- Economic Development Services
- NAICS
- All Other Business Support Services (561499), Other Activities Related to Real Estate (531390)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Economic Development & Business Licensing (Local) (BPAIACAN)
- akta.pro secondary industries
- Workforce Development & Inclusive Employment (Job Training, Placement) (BPAGALAB), Public Workforce Development Programs (WIOA/One-Stop Career Centers) (EDAAAOAA), Small Business & Entrepreneurship Community Education (EDAAAFAK)
Keywords
Where fayette county industrial development corporation is headquartered
LocationHeadquarters
- HQ city
- Connersville
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
fayette county industrial development corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Economic Development Tax Funding: EDG is a semi-public organization organized as a private corporation. Fayette County provides funding through its local economic development income tax. The city of Connersville has provided some funding in the past but has not for several years.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Downtown Pop-Up Store rental |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
fayette county industrial development corporation product offering
Product offeringCore offering
Provides economic development services for Fayette County, Indiana, including business retention and expansion (BRE) visits with existing local employers, a revolving loan fund for small businesses, downtown pop-up retail space rentals, site selection and property search assistance, workforce development forums, and small business/entrepreneurship connection programming. Acts as the community's one-stop liaison connecting businesses with incentives, workforce resources, and regional partners.
Product overview
The Fayette County Economic Development Group offers a portfolio of economic development services rather than a unified software product. Core offerings include business retention and expansion programs, workforce development roundtables, small business support including the Downtown Pop-Up Store and Regional Entrepreneurial Pipeline, and site selection assistance. The organization also facilitates access to state-level incentives and manages a revolving loan fund for equipment-based job creation. Notable economic wins include the NOVA Chemicals SYNDIGO recycling facility (450,000 sq ft, 125 jobs) and Crossroads Healing Center (100+ jobs).
Differentiator
Problem solved
Functional benefit
Products and services
- Business Retention and Expansion (BRE) Visits Proactive in-person visits by EDG staff to existing Fayette County employers to identify growth barriers, workforce needs, expansion plans, and opportunities; referrals to incentives, training, and the revolving loan fund follow each visit. Targeted at owners, presidents, and plant managers of local businesses.
- Revolving Loan Fund Locally administered small business and expansion loan program providing capital access to qualifying businesses in Fayette County, supporting retention, attraction, and entrepreneurship objectives.
- Downtown Pop-Up Store Short-term downtown retail space rented at $25 per day to entrepreneurs and small businesses for product test-marketing and low-cost entry into the Connersville market.
- Site Selection and Property Search Services Local one-stop assistance for prospective and existing businesses identifying available buildings, sites, and properties in Fayette County, paired with incentive packaging and coordination with utilities and state partners.
- Workforce Development Forum Periodic forum convening employers, educators, and workforce partners to address talent pipeline needs in Fayette County.
- Regional Entrepreneurial Pipeline (REaP) Regional program coordinated by EDG connecting local entrepreneurs to mentorship, capital, and resources to launch and grow small businesses.
- Small Business and Entrepreneurship Connection Programming connecting aspiring and existing small business owners to local resources, peers, and EDG services to support business formation and growth in Fayette County.
Quantifiable outcome
- 85-90% annual employee retention rate in Connersville businesses
- +3 more outcomes
Companies that use fayette county industrial development corporation
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
fayette county industrial development corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
fayette county industrial development corporation partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- Indiana Economic Development Corporation (IEDC)coreState-level economic development partner providing outreach, resources, and funding programs. IEDC administers the Community Collaboration Fund and offers programs for business attraction, job creation incentives, and workforce development grants.
- Eastern Indiana Regional Planning Commission (EIRPC)coreSix-county economic development group that EDG helped form. Regional planning body for coordinated economic development across Eastern Indiana.
- Eastern Indiana WorkscoreWorkforce development partner that helps connect businesses with qualified candidates, provides recruitment services, and coordinates training programs.
- Ivy Tech Community CollegecoreEducational partner providing workforce training programs including precision manufacturing certifications, CNC machining courses, industrial maintenance training, and welding certifications. EDG owns the Ivy Tech campus building.
- WorkOne Career CenterscoreState workforce partner connecting businesses with job seekers and providing employment services, training programs, and career development resources.
- Eastern Indiana Small Business Development Center (SBDC)corePartner providing small business resources, consulting, and support for entrepreneurs in East Central Indiana. Partners with EDG on Small Business & Entrepreneur Connection program.
- Whitewater Career CentercoreCareer and technical education center offering 14 career programs for high school students, providing pipeline of skilled workers for local manufacturing and industrial employers.
- Rush County Economic & Community Development CorporationcoreRegional partner in the Regional Entrepreneurial Pipeline (REaP) initiative serving Rush, Fayette, and Henry Counties, supported through Indiana's Community Collaboration Fund.
- Henry County Economic DevelopmentminorRegional partner collaborating on the Regional Entrepreneurial Pipeline (REaP) initiative serving East Central Indiana entrepreneurs.
- City of ConnersvillecoreLocal municipal government partner; EDG works with city officials on economic development initiatives, infrastructure, and community prosperity efforts.
- Fayette County GovernmentcoreCounty government that provides primary funding through local economic development income tax. Works with EDG on economic initiatives and strategic direction.
- Discover ConnersvillecoreDowntown revitalization organization that EDG collaborates with to make Connersville a better place to live and work.
- Fayette County FoundationminorLocal foundation supporting community investment and quality-of-life initiatives in Fayette County.
- Urban Enterprise AssociationminorLocal economic development association supporting business growth and community investment in the area.
- Forge PCIminorRegional economic development partner collaborating on initiatives in East Central Indiana.
Scale indicators11 records
Recent moves7 records
Expansion highlights5 records
fayette county industrial development corporation competitors and assessment
Company assessmentEmerging players
- Connersville Area Chamber of Commerce: Local business association serving Connersville/Fayette County; overlaps with EDG on small business support and retention, though more event/network-oriented than deal-closing.
- Forge PCI: Regional East Central Indiana economic development and innovation partner collaborating with EDG; comparable mission in workforce and entrepreneurship support at slightly different scope.
Others
- Urban Enterprise Association of Connersville: Local economic development association supporting business growth in the same geography; ecosystem partner rather than direct competitor, but adjacent mission.
Broad incumbents
- Indiana Economic Development Corporation (IEDC): State-level economic development agency that funds and partners with EDG; provides the policy, incentive, and grant framework that EDG executes locally, making it the broader incumbent in the same chain.
- Northeast Indiana Regional Partnership: Multi-county regional economic development organization in Indiana; comparable regional EDO function at greater scale and budget, serving as a benchmark for what EDG could evolve into via REaP.
Direct peers
- Hamilton County Economic Development Corporation: Indiana county EDO operating business attraction/retention, site selection, and workforce development — same playbook as EDG but in a faster-growing suburban Indianapolis county.
- Eastern Indiana Regional Planning Commission (EIRPC): Six-county regional economic development body that EDG itself helped form; directly comparable regional EDO/regional planning peer.
- Henry County Economic Development Corporation: Neighboring Indiana county EDO and REaP partner to EDG; both serve as local economic development corporations doing business attraction, retention, and workforce coordination in adjacent rural counties.
- Rush County Economic & Community Development Corporation: Indiana county-level economic development corporation and named REaP partner with EDG; comparable size, scope, and rural-Indiana service area make it a near-direct functional peer.
Regional players
- Discover Connersville: Downtown Connersville revitalization partner of EDG; adjacent community/economic development peer focused on the same geography and overlapping stakeholder network.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
fayette county industrial development corporation social profiles
Digital presencefayette county industrial development corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
fayette county industrial development corporation leadership team
Management profileNumber of profiles
Profiles12 records
fayette county industrial development corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
fayette county industrial development corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about fayette county industrial development corporation
What does fayette county industrial development corporation do?
Provides economic development services for Fayette County, Indiana, including business retention and expansion (BRE) visits with existing local employers, a revolving loan fund for small businesses, downtown pop-up retail space rentals, site selection and property search assistance, workforce development forums, and small business/entrepreneurship connection programming. Acts as the community's one-stop liaison connecting businesses with incentives, workforce resources, and regional partners.
Is fayette county industrial development corporation a public or private company?
fayette county industrial development corporation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was fayette county industrial development corporation founded?
fayette county industrial development corporation was founded in 1986. It employs 1 to 10 people.
Where is fayette county industrial development corporation based?
fayette county industrial development corporation is headquartered in Connersville, United States, in the North America region.
How does fayette county industrial development corporation make money?
One revenue line is on record: economic Development Tax Funding.
Who are fayette county industrial development corporation's main competitors?
Emerging players on record are Connersville Area Chamber of Commerce and Forge PCI. Urban Enterprise Association of Connersville is listed as an others. Broad incumbents are Indiana Economic Development Corporation (IEDC) and Northeast Indiana Regional Partnership. Direct peers are Hamilton County Economic Development Corporation, Eastern Indiana Regional Planning Commission (EIRPC), Henry County Economic Development Corporation and Rush County Economic & Community Development Corporation. Discover Connersville is listed as a regional player.
Does fayette county industrial development corporation have an API?
No public API is recorded for fayette county industrial development corporation.
What industry is fayette county industrial development corporation in?
fayette county industrial development corporation's product category is Economic Development Services. Its primary akta.pro industry code is BPAIACAN, Economic Development & Business Licensing (Local), with a secondary code of BPAGALAB, Workforce Development & Inclusive Employment (Job Training, Placement). Its NAICS code is 561499 and its SIC code is 6552.