The city of Fishers has earned a Certified Technology Park designation from the state for the Nickel Plate District and North East Commerce Park. The city says the designation, which includes Launch Fishers, frees up funding for investment in the area. There are more than two dozen locations in the state that have received the certification.
The area in Fishers is the first in Hamilton County. State Senator Luke Kenley (R-20), who helped shepherd the area through the state designation process, says "this designation will be a huge step forward for the City of Fishers. CTPs allow communities to harness the innovation, drive and entrepreneurship of their citizens and invest in economic growth. The funds coming from the CTP program will help Fishers continue to develop the Nickel Plate District as a high-technology, entrepreneurial epicenter and expand the space, providing more opportunity for growth."
The city’s proposal was approved Monday by the State Budget Committee. The CTP program is run by the Indiana Economic Development Corp. and it will allow local governments to recapture some state and local tax revenue to invest in the park.
Kenley says the city will make infrastructure improvements to help in efforts to attract more high-tech businesses. Key spaces included in the CTP include Launch Fishers and a Ball State University entrepreneurial technology learning and mentoring center.
In a statement, Fishers Mayor Scott Fadness says:
The City of Fishers took a big step forward in our pursuit of becoming an entrepreneurial city today. I am grateful for the leadership and support of Governor Pence, Senator Kenley, Chairman Brown and the state budget committee. A certified tech park designation will provide essential resources for our city to continue to develop not only integral local infrastructure, but also further the development of state wide initiatives. Fishers continues to build momentum in organic job creation through the development of an entrepreneurial ecosystem.