Northeast Indiana Major Markets Strategy Project Receives $100,000

JPMorgan Chase & Co. grant funds research and plan development

FORT WAYNE, Ind. – Northeast Indiana Regional Partnership and Greater Fort Wayne Inc. announce a $100,000 grant from JPMorgan Chase & Co. to support research and development of a major market study. The grant will support targeted research necessary to expand regional business development efforts in Northeast Indiana and Allen County.

“Chase’s leadership and investment in our community is a unique advantage for Northeast Indiana,” said John Sampson, president and CEO of the Northeast Indiana Regional Partnership. “The Chase investment will lead a deeper understanding of regional industry strengths and opportunities which we could not otherwise achieve.”

“A focus of JPMorgan Chase’s giving is cities; helping cities develop innovative and sustainable solutions that address their unique challenges,” said Jim Cook, regional president of Chase in Northeast Indiana. “It is critical to Chase that Fort Wayne and Northeast Indiana have strong, vibrant communities not only for our business viability but also because for hundreds of employees, this is where we call home.

The major market strategy is the region’s effort to target specific national markets for talent and business attraction. Currently, the two organizations are working toward this with The Road to One Million plan, Northeast Indiana’s Regional Cities Initiative proposal for state funding.

The Regional Partnership will use the funds to identify target markets and collect target industry information, which will allow the organization to tap into national major markets to increase business investment in Northeast Indiana. Greater Fort Wayne Inc. will use the funds to support research of Allen County’s target industries.

"Expanding our strongest industries in Allen County is a cornerstone of Greater Fort Wayne Inc.s strategy to significantly grow wages. The Chase funding will accelerate these efforts," said Eric Doden, CEO of Greater Fort Wayne Inc. "This kind of investment and leadership takes our community to the next level."

 

About the Northeast Indiana Regional Partnership

The Northeast Indiana Regional Partnership was formed in 2006 to help build a globally competitive economy in Northeast Indiana. It is a public-private partnership focused on generating business leads and building regional capacity through product development and effective regional collaboration. In 2010, the Partnership launched Vision 2020 to bring the region together around five key areas for economic growth: 21st Century Talent, Competitive Business Climate, Entrepreneurship, Infrastructure and Quality of Life. Through its combined efforts in business development and capacity building, the Partnership supports its 11 member counties: Adams, Allen, DeKalb, Huntington, Kosciusko, LaGrange, Noble, Steuben, Wabash, Wells and Whitley counties. For more information, visit www.neindiana.com.

About Greater Fort Wayne Inc.

Greater Fort Wayne (GFW) Inc. serves Fort Wayne and Allen County, Indiana, as its primary point of contact for economic growth. GFW Inc.'s main focus is on prosperity and community vibrancy through economic development, advocacy, programs and resources that support business success, leadership development, graduate retention and community engagement. To learn more, visit www.GreaterFortWayneInc.com.

About JPMorgan Chase & Co. in Indiana

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. In Indiana, JPMorgan Chase & Co. serves many of the states’ most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. It also serves over 1.6 million consumers and small businesses in the state through 185 branches and nearly 470 ATMs, while providing more than $2.3 million to Indiana charities. The firm uses its global resources, expertise, insights and scale to address some of the most urgent challenges facing communities around the world including the need for increased economic opportunity. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.




MEDIA CONTACT:
Courtney Tritch
Vice President of Marketing
Northeast Indiana Regional Partnership
260.469.3460
courtney@NEIndiana.com'