OEDA Dateline Newsletter
  May 2013
 
 
 
Through advocacy, networking, and professional development, OEDA provides its members with resources to better inform leaders about the importance of economic development in their community.  The OEDA newsletter provides a forum for the exchange of ideas, principles, practices, and ethics in the field of economic development.  Please feel free to submit articles and announcements to oeda@assnoffices.com
 
 
Deadline to Register for the
June 6th JobsOhio/ODSA
Mid-Year Briefing is May 29th!

Presented by JobsOhio and its Regional Partners,
The Ohio Development Services Agency, and
The Ohio Economic Development Association.

Date: Thursday, June 6, 2013

Time:  9:45 am to 2:15 pm

Location:  Marriott Columbus Northwest,
5605 Blazer Pkwy, Dublin, OH  43017


Registration Fees:  $35 per person (includes lunch).


Who Should Attend:  All Economic Development Professionals and Elected Officials interested in current JobsOhio and DSA programs.  This event is open to OEDA members and non-members.


Click Here for more information.
Click Here to Register NOW!
 
 
National Survey finds Ohio to have the Most-Improved Business Climate

Develop Ohio
May 13, 2013
Chief Executive magazine's annual survey found that Ohio has the most-improved business climate of any state, jumping 13 spots from 35th to 22nd, The Plain Dealer reports. State officials welcome this heightened appreciation of Ohio, as gleaned from the 700 chief executive respondents, but insist that more work must be done to get the state into the top 10.

For more, read the full story.
 
 
JobsOhio Releases 1st Quarter
2013 Report

JobsOhio
Click Here to View the JobsOhio Q1 2013 Update
 
 
Venture Capital Firms
Look to Ohio to Invest

DevelopOhio
May 14, 2013
As the Kasich administration works to attract capital investments in Ohio companies, Mark Kvamme, the former JobsOhio chief, co-founded the Columbus-based Drive Capital fund last year with plans to raise $300 million mainly for investments in Ohio and the Midwest, Cincinnati Enquirer reports. Meanwhile, Dan Gilbert, general partner in Detroit Venture Partners – "a venture capital firm that backs seed and early stage companies" – launched a tech-based accelerator in Detroit and Cleveland known as Bizdom that "gives portfolios $25,000 in seed funding." The firm is considering creating a third accelerator in Cincinnati, the article said.

For more, read the full story.
 
 
The Trust Belt

Site Selection Magazine
March, 2013

With Upper Midwest cities like Cleveland and Ann Arbor recently winning significant headquarters projects, it may be time to rebrand the region with a new moniker: the "Trust Belt."

Increasingly, corporate executives seeking space for administrative operations are finding the locations they want in Ohio, Michigan and other Midwest territories.

Alexander Mann Solutions and Domino's Pizza did, and their executives say that forming bonds of trust with state and local leaders was crucial.

In the case of Alexander Mann, a U.K.-based global recruitment services company, the selection of Cleveland as the company's first-ever North American headquarters marked a watershed moment for the city, the state of Ohio and the Midwest region.

To view this article in it's entirety please Click Here
 
 
Gauging the Dream

Site Selection Magazine
May, 2013

One of the biggest challenges in economic development is determining what to hold economic development organizations (EDOs) and elected officials accountable for.

In business, accountability is critical to success. CEOs know lack of measurable accountability in the workplace has consequences that can negatively affect people and shareholder return. But CEOs also know you can't hold somebody accountable for something they can't directly impact.

Traditionally, success in economic development has been measured by job growth in a community, region or state. But the fact is neither EDOs nor elected officials directly impact job creation. Employers do. Holding either EDOs or elected officials accountable for job creation is not appropriate. And it can lead to unintended negative behavior such as the misuse of incentive packages to entice companies to move across state borders.

So what is appropriate to hold EDOs and elected officials accountable for? And if it isn't job growth, how do you measure it?

To view this article in it's entirety please Click Here

 
 
How Smaller Cities
Hold onto Major Employers

Governing the States and Localities
April, 2013
Much like the bulldozers and tractors it builds, Caterpillar’s presence in Peoria, Ill., is big. The company’s corporate headquarters and facilities in the area employ more than 16,000 people, a sizable chunk of the local manufacturing employment base. Requiring a vast supplier network, economic development experts estimate that Caterpillar is the primary customer of 40 percent of local businesses. But as the company expands globally, many have feared its days in Peoria are numbered. Losing that many jobs would deal a devastating blow to the local economy, one the mid-sized city would find far more difficult to recover from than larger jurisdictions. Fortunately, Caterpillar has signaled that it may stay in Peoria for the long haul, announcing last year initial plans to upgrade its existing headquarters in the city. “For them to announce they’re going to maintain their presence in Peoria, you can’t put a number on that,” says Mayor Jim Ardis. “I can’t think of a [Peoria] business that isn’t touched or impacted by Cat on a daily basis.”

To view this article in it's entirety please Click Here
 
 
Sadicka White to Lead State's Community Development Efforts

Ohio Development Services Agency
May 10, 2013
COLUMBUS – A core mission of the Ohio Development Services Agency is to help build strong communities. Sadicka White has been selected to lead this effort as the Chief of the Community Services Division.  White oversees the programs and services housed within the Office of Redevelopment, the Office of Community Assistance, the Office of Community Development and the Office of Energy.

“Sadicka has an extensive background in management and administration and is well - known in the development community,”
said Director David Goodman. “I am looking forward to working closely with her to ensure our programs are providing the best possible customer - service to the communities and individuals in need.”

To view this article in it's entirety please Click Here
 
 
City of Delaware Hires Economic Development Coordinator

City of Delaware, Ohio
May 1, 2013

DELAWARE – The City of Delaware has hired Sean Hughes to serve as the city’s economic development coordinator, effective May 1.

Hughes comes to Delaware from Madison County where for the past 6 ½ years he has served as Madison County economic development director, Madison County Chamber of Commerce executive director, Madison County Future, Inc., Community Improvement Corporation executive director, and Madison County Convention & Visitors Bureau executive director.

City Manager Tom Homan was impressed with Hughes’ range of leadership experiences.

“Sean will be a great addition to the Delaware business community and bolsters our economic development program in many ways,” Homan said. “He has developed small businesses and attracted large employers while working with federal, state, local and private officials on a variety of issues and opportunities. I am thrilled to welcome Sean to Delaware.”

Hughes will be the day-to-day face of Delaware’s economic development team and the first contact for businesses.


To view this article in it's entirety please Click Here
 
 
OEDA E-News Submissions

The OEDA e-newsletter will now be distributed monthly.  You are encouraged to send us your articles/news to include in the monthly OEDA Dateline newsletter. 

Email your articles to oeda@assnoffices.com by the 2nd Tuesday of each month.  The Dateline distribution date is the 3rd Tuesday of each month. 

When submitting articles, please keep these guidelines in mind:

  • Please send informational, educational and/or newsworthy items. 
  • Please do not send pieces that advertise services or solicit business. 
  • Ideally, articles should be approximately 300-500 words in length.
  • Feel free to include a photo with your article. 
  • Be sure to include the "author" of the article.  Links to articles published on other websites is acceptable, but please cite the source in these cases.
  • Articles submitted by current OEDA members receive priority.
  • OEDA reserves the right to edit articles as necessary. 
 
 
Join or Renew Your 2013 OEDA Membership Today!
Ohio's economic development professionals are the leaders in our communities in developing initiatives and programs that will help Ohio companies and communities find success.  It is vitally important for us to work together to keep and attract jobs to Ohio.

Through continued collaboration we will become more proactive and effective in our job retention and creation efforts.

Through the OEDA we advocate for funding for economic development programs at the State level.  We advocate for improvements to State and local incentive programs.  And we build awareness with legislators and community stakeholders of the successes of Ohio and of the increasing national and international competition for jobs.

In 2013, the OEDA will provide forums and professional development opportunities where practitioners, from new to seasoned, can identify fresh initiatives and workforce programs to implement in their communities.

For information on membership categories, membership benefits and how to purchase your membership please visit:

 
 
OEDA Job Listings
Economic Development Specialist, The City of Elyria, Ohio
Click Here for more information.

Executive Director
The Randolph Economic Development Corp.
Click Here for more information.



 
In This Issue
Deadline to Register for the June 6th JobsOhio/ODSA Mid-Year Briefing is May 29th

National Survey finds Ohio to have the Most-Improved Business Climate

JobsOhio Releases 1st Quarter 2013 Report

Venture Capital Firms Look to Ohio to Invest

The Trust Belt

Gauging the Dream

How Smaller Cities Hold onto Major Employers

Sadicka White to Lead State's Community Dev. Efforts

City of Delaware Hires Economic Development Coordinator

OEDA E-News Submissions

Join or Renew your 2013 OEDA Membership

OEDA Job Listings

Spread your good news!
 
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