OEDA Dateline Newsletter
  November 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
 
 
JobsOhio Annual Summit Update

At the 2013 OEDA Annual Summit top JobsOhio executives updated conference attendees on changes to incentive programs, new additions to the JobsOhio team, the latest statewide job creation and retention metrics, and much more. If you didn’t attend the 2013 Annual Summit, we have provided some of the highlights below. You can also download the PowerPoint presentation from the event materials page of the OEDA website or by clicking here.

  • Aaron Pitts has been hired as the Managing Director for Biohealth, Agribusiness and Food Processing.
  • Projects closed, new jobs, and capital investment were all down in the first half of 2013 compared to the first half of 2012, which is reflective of national trends. Jobs retained and new payroll were up significantly for the same period.
  • The top three states Ohio competed with for projects we won were Indiana, Kentucky and Texas. The full list revealed some surprises and helped JobsOhio better understand our competition.
  • The JobsOhio team and regional network partners visited 9 domestic and 6 international markets in 2013.
  • Ohio Insite/Ohio One 2.0 is tentatively scheduled to begin implementation in December 2013. New features will include quicker loading, improved property searching/sorting and an improved client proposal tool.
  • Program details and eligibility requirements were shared for the new JobsOhio Growth Fund Loan, Workforce Grant and Economic Development Grant.
 
 
Heads of the Ohio DSA and JobsOhio Discuss the State's Economic Outlook

DevelopOhio
October 15, 2013
Area Development magazine recently discussed Ohio's economic outlook with two of the state's most important economic development officials – John Minor, president and chief investment officer of JobsOhio, and David Goodman, director of the Ohio Development Services Agency (DSA). In addition to discussing the dynamics of their operations, which formerly operated under the single entity the Ohio Department of Development (ODOD), the two described challenges they are facing, areas where they expect growth, and current initiatives designed to make the state's workforce more appealing to businesses.

For more, read the full interview.
 
 
Appalachian Region Awarded
$1.7 million Make It in America
Challenge Grant


Gwynn Stewart

Buckeye Hills - Hocking Valley Regional Development District

A coordinated program through the Buckeye Hills-Hocking Valley Regional Development District, The Appalachian Partnership for Economic Growth (APEG) and the Ohio Valley Employment Resource  (Workforce Investment Area 15) organization received a $1.7 million regional grant through the Make It in America Challenge to serve a 28-county region in Appalachia. The grant was part of a national $20.5 million challenge grant program.

The target industries in the region are metal fabrication, polymers and chemicals, and other manufacturing – all of which are strong in the region, growing in the state, and among the sectors in which the U.S. is best positioned for reshoring.

Click Here to read this Press Release in its entirety
 
 
Port of Greater Cincinnati Development Authority and the Greater Cincinnati Energy Alliance Partner to
Promote PACE Financing


DevelopOhio

October 18, 2013
This week, the Port of Greater Cincinnati Development Authority approved a partnership with the Greater Cincinnati Energy Alliance that has the potential to "unleash more than $100 million in energy-related real estate investments in Hamilton County over the next five years," WCPO.com reports. The new partnership, which already has "a pipeline of 20 projects involving 570,000 square feet of commercial real estate where $50 million in energy upgrades are being reviewed for potential financing," will be "the region's main vehicle" for Property Assessed Clean Energy (PACE) financing. PACE bonds are a financial tool used by property owners to fund energy efficiency improvements on their properties.

Bricker & Eckler LLP is Ohio's leader in PACE law. Bricker attorneys assisted in drafting Ohio's PACE law and served as bond counsel for Ohio’s first three issues of PACE bonds. Bricker attorneys work with private property owners and governmental entities to create the special improvement district necessary to implement PACE financing, levy assessments and structure the financing arrangements necessary to fund the improvements.  Please contact Bricker & Eckler attorney J. Caleb Bell at (614) 227-2300 or jbell@bricker.com with questions.

For more, read the full story.
 
 

Ohio Development Services Agency Launches Round 2 of InvestOhio

Todd Walker

  Ohio Development Services Agency

Round 2 is here and investments are ready to be made in the $100 million tax credit program designed to help small businesses get access to capital in order to grow. As certificates roll out of the Ohio Development Services Agency, one thing is very clear, Invest Ohio is a success.  The program received more than 3,000 applications in its first round, and the Ohio Development Services Agency is now accepting applications for Round 2.

InvestOhio encourages investments of up to $10 million in eligible small businesses in exchange for a 10 percent income tax credit for investments held for five years. The program is administered by the Ohio Development Services Agency in collaboration with the Ohio Department of Taxation.

Click Here to read more.
 
 
Buckeye Hills Announces Regional Transportation Manager

Gwynn Stewart
Buckeye Hills - Hocking Valley Regional Development District

Buckeye Hills-Hocking Valley Regional Development District (BHHVRDD) has been selected by The Ohio Department of Transportation (ODOT) to participate in the Regional Transportation Planning Organization (RTPO) Pilot program.

Buckeye Hills is pleased to announce the addition of Karen Pawloski as Transportation Manager to lead the regional pilot effort. Pawloski previously served the region at ODOT (District 10) as its District Deputy Director, Business & Human Resources Administrator and Public Information Specialist, where she gained valuable knowledge of the state and federal transportation planning funding, programs and processes. She has also served as a District Case Manager for the U.S. House of Representatives 6th District with Ted Strickland. Most recently, she served with Washington-Morgan Community Action as a Veterans Employment Specialist.

Click Here to read this Press Release in its entirety

 
 

JOIN US FOR THE SECOND ANNUAL ECONOMIC DEVELOPMENT 411

ED411 is designed to showcase best practices in economic development for elected officials, community leaders and business leaders in the Columbus Region. 

You are part of the reason why the Columbus Region is realizing an economic development surge and being recognized as a leader in job growth. ED411 will allow you to learn how we can work together to maintain our dynamic and growing economy.

Friday, December 6
8 a.m. - 2 p.m.
The Ohio Union at Ohio State University
$25 per person, includes continental breakfast and lunch

Last year's event sold out. To ensure your space, please register here.

For more information, including details on event parking, please visit columbusregion.com/ED411.


 
 
Automotive Tooling Company
Grows in Delaware


Sean Hughes

City of Delaware

City of Delaware – At their Monday, Oct. 28 meeting, Delaware City council passed a 5 year extension on a 2003 ten year Community Reinvestment Area (CRA) tax abatement for Toolmatics allowing them to add people and equipment.

 Toolmatics, a company located at 144 Johnson Dr., distributes tooling for many manufacturers including Honda and some of its suppliers. The extension will allow them to add three employees and the ability to produce some of the needed tooling components.

Click Here to read more.
 
 
Are you LinkedIn to OEDA?
Are you a member of OEDA's LinkedIn group Ohio Economic Development Association? The group is a place for OEDA members to stay current on trends and new ideas, training opportunities, and exchange ideas with other OEDA members.

Click Here to become a member.
 
 
Join or Renew Your 2014 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
Grant Project Coordinator, City of Fairborn
Click Here for more information

Project Management Position, Columbus 2020
Click Here for more information

Executive Director/Economic Development Director, The Logan Hocking County Community Improvement Corporation (CIC)
Click Here for more information

Project Mangaer, JobsOhio
Click Here for more information

 
In This Issue
JobsOhio Annual Summit Update

Heads of the Ohio DSA and JobsOhio Discuss the State's Economic Outlook


Appalachian Region Awarded $1.7 million Make It in America Challenge Grant

Port of Greater Cincinnati Development Authority and the Greater Cincinnati Energy Alliance Partner to Promote PACE Financing

Ohio Development Services Agency Launches Round 2 of InvestOhio

Buckeye Hills Announces Regional Transportation Manager

Economic Development 411

Automotive Tooling Company Grows in Delaware

Are you LinkedIn to OEDA?

Join or Renew your 2014 OEDA Membership

OEDA Job Listings

Spread your good news!
 
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