For years, Indiana made headlines around the nation because of our racing history or simply because the hoosier state was known for big-time basketball. But over the past ten years, the state of Indiana and central Indiana are making headlines in economic development circles.

With a low cost of doing business, central location, strong infrastructure, and a high quality of life, economic development experts can clearly see why Indiana is home to some of the best companies and working professionals in the world. 

Today, Indiana demonstrated how incentives can be used to develop local talent.  The state of Indiana offered Comfort Motion Technologies LLC, a software research and design firm located in the Flagship Enterprise Center in Anderson, IN, a grant from the Indiana 21st Century Research and Technology Fund to further develop software aimed at improving driver safety and comfort.

The state awarded the company a $1.085 million grant to further develop, test and commercialize its Vehicle Seat Multi-Position Software, a product that will enhance ergonomic benefits to vehicle drivers by making subtle automated changes that will redistribute the driver’s body weight in the seat, reduce driver stress and fatigue.

"With the 21st Century Grant, Comfort Motion Technologies will continue product refinement with the Rose-Hulman Institute of Technology, Purdue University, Anderson University and Ball State University," said Tom D. Epply, senior vice president of engineering for CMT. "The 21st Century Grant will allow CMT to expand beyond the auto industry and into other transportation fields."

Since Janurary of 2006, the 21st Century Fund has been awarded to 51 companies, totaling an investment of more the $65 million to high-tech Indiana companies.

Here at the Indy Partnership, our economic development experts can connect you to a network of state and local leader in real estate, incentives, construction and more.  Contact us today to find out how we can assist you.