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Communities at the Center of Economic and Business Development

December 1, 2023

Indiana Michigan Power (I&M) is invested in a brighter tomorrow. Local landscapes are growing with new businesses on the horizon and increasing employment opportunities. For communities to continue to develop, it takes a team with the right resources and inspiration to drive a plan forward.

Serving Indiana and Michigan, our economic and business development team takes pride in working alongside local, regional and state organizations to promote economic growth, bring in new jobs and expand businesses. Furthermore, their role is centered around understanding the energy business and marketing available electrical services for companies of all sizes. For many communities, the work done by this team is evident in energy-ready sites and buildings going up brick-by-brick.   

“I&M is invested in improving areas for future development and growing leaders to serve these communities,” said Ashley Savieo, director of Economic and Business Development for American Electric Power (AEP). “Our focus is centered on our customers and providing them with a strong and economically diverse community where they live, work and shop.”

But it is not just about economics. The team invests in professional development by educating community leaders to be better stewards of resources and develop creative business tools. Through funding educational programs and materials to be used by other local leaders, communities of any size can advance their economic development efforts.

Relationships are also important. From large corporations to small shops, internal collaboration plays a significant role in the direction of a project. This includes everyone from customer service to legal and beyond. It also includes external partners. The team works closely with communities and organizations across the service territory to generate leads and help secure development projects. Often, they serve as one of the earliest points of communication for an organization who has a vision they are looking to capitalize on.  

To learn more about AEP’s economic development efforts or find information on available programs within the I&M area, visit our website.

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