The Corporation of the City of Markham and Indy Economic Development Inc. Sign Economic Development Partnership

Sep 03, 2026

The Corporation of the City of Markham and Indy Economic Development Inc. (IEDI) this week signed a memorandum of understanding (MOU) in Markham, establishing a formal partnership in pursuit of deeper collaboration between two globally-connected communities with shared strengths in advanced industries, innovation and technology.

“Great partnerships start with shared ambition, and Markham and Indianapolis both compete far beyond their borders in delivering a best-in-class place to do business,” said Andrea Richter-Garry, President and CEO of IEDI. “This formalizes a relationship built on aligned strengths — advanced industries, innovation and a global outlook while creating a framework for collaboration that produces real return on investment in the form of new business opportunities, job creation and economic growth for both communities.”

“This announcement reinforces Indianapolis and Markham’s shared drive to compete and succeed on a global stage,” said Vinay Sharda, Director, Economic Growth, Culture and Entrepreneurship at the City of Markham.

Read the full press release: markham.ca