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News
Designation could mean millions for local industry
(Columbus CEO, May 2014)
The Cincinnati and Dayton area's first partnership on an economic development project yielded a big win, local leaders said Wednesday after learning southwest Ohio was one of 12 regions nationally to win a coveted "manufacturing communities" designation. $523+ million need to turn young Ohio companies into an economic force
(The Plain Dealer, May 28, 2014)
These figures are based on responses from groups that provide financial backing and other support to newer entrepreneurial ventures. The respondents included capital funds, business accelerators and angel investment groups. The 28 groups were surveyed between April 16 and May 16, and provided information about the capital needs of the 176 companies with which they had relationships.
Ohio grape and wine businesses contribute millions to Ohio economy
(Ohio Country Journal, May 28, 2014)The Ohio wine and grape industry released its 2012 Economic Impact report, which finds that Ohio's grape and wine industry has a significant impact of $786 million on the state's economy, a 34% increase from the 2008 economic study released in 2010.
Economists share predictions at Cleveland Federal Reserve bank conference on inflation
(ideastream, May 30, 2014)
Academics, policymakers, and representatives of Northeast Ohio's business community shared information, and debated strategies for measuring and predicting inflation. Plans to create loan fund for downtown Middletown investment (Middletown Journal News, May 31, 2014) Middletown Moving Forward is a nonprofit group focused on economic development seeking federal 501(c)(3) status. Its board members consist of private and public sector leaders who recently made headlines for traveling to Greenville, S.C., to learn about how revitalization efforts there might pay off here. Editorial: More millions (Akron Beacon Journal, May 31, 2014) Keith Faber believes that state lawmakers didn't do enough to aid small businesses in the most recent two-year state budget. The Senate president pushed to include in the mid-biennium review a provision that would increase for next year the income-tax deduction for businesses from 50 percent on annual income up to $250,000 to 75 percent. He described the measure to the Columbus Dispatch as "solid and targeted" to create jobs and expand the state economy. Community effort initiative moves forward
(Zanesville Times Recorder, June 1, 2014)
A new initiative in Zanesville to get members of the community to take responsibility to make it a better place is refining its focus to a few important areas that concern all residents, such as schools and the economy.
Harrison County seeks philanthropy gains that will outlive fracking boom
(Columbus Dispatch, June 2, 2014)
There have been other booms in Harrison County - wool, oil and gas, coal - but they never put down the kind of roots that Matthew Puskarich aims to tend. Sports complex could bring in $32 million
(Cincinnati Enquirer, June 2, 2014)
Phil Smith, president and CEO of the Warren County Convention & Visitors Bureau, thinks he's found a way to plug that hole. He's got his eye on 54 acres in Lebanon that officials say could provide a gold mine in economic impact. New construction project beginning to sprout in Northeast Ohio
(The Plain Dealer, June 2, 2014)
"A lot of (commercial) projects were put on hold during the recession because they couldn't get financing," Elvery said. "Now that the finance system has started working again, loans have become available, so we have a backlog of projects."
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