The state of Indiana remains a major player in the corporate landscape and a new program shows why they are a leader in the corporate world.

According to a press release from the Indiana Governor's office, the state will take place in an 18-month business incentives initiative that is being offered by the Pew Charitable Trusts. It will be one of seven states that will take part in the study.

"Indiana remains committed to delivering both a business-friendly climate for job creators and a high level of transparency for Hoosier taxpayers," said Governor Pence. "By participating in this study and evaluating the way our state conducts business, we will ensure Indiana continues to maintain a competitive edge and provides Hoosiers with the top-notch, open and accountable service they deserve."

The state was able to secure a spot in this study, which will also feature Virginia, Tennessee, Oklahoma, Michigan, Maryland and Louisiana, members of the State Budget Agency, the Indiana Economic Development Corporation and the Department of Revenue applied for consideration.

The goal of the study is to examine and identify best practices when it comes to business incentives for economic development and meeting the public's need for transparency. This will help when it comes to managing economic development policies and practices, improving data collection and reporting and creating national standards and best practices.

By participating in this study, it becomes clear that Indiana is one of the hubs of business in the United States. Companies in the state are thriving, especially those that are using business management software.