OEDA Dateline Newsletter
  November 2014
 
 
 
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
 
 
2014 Annual Report Highlights OEDA Achievements and Future Goals


Dear OEDA Members:

In 2014, the Board of Directors strengthened OEDA’s collaboration with JobsOhio, ODSA, CDFA, and other partners across the state to focus on a common goal: Building a more prosperous Ohio. This was an exciting year filled with expanded programming, enhanced partnerships and increased member engagement. We are thankful to our partners and members for affording us the opportunity to move forward together.

This past year OEDA sharpened its focus and expanded our services in our core areas – making us a better resource for our membership.  Read more details about OEDA’s work in the 2014 Annual Report to the membership.


 
 
OEDA Presents Building Competitive Advantage to Win Sales Training

Brought to you by The Ohio Economic Development Association and JobsOhio

Demonstrating competitive economic development sales skills is no longer just an option for economic development professionals who wish to be successful in retaining, growing, and winning quality jobs.  Participants will learn and apply skills to prepare, respond, and win in the fierce competition of economic development.

You’ll Learn how to:

·         Respond strategically to the prospect’s top 3 requirements for elimination and selection.

·         Uncover the prospect’s key drivers at every phase, every visit.

·         Make your presentation evolve from first to final visit.

·         Present to the C-level the way they are used to making capital decisions.

·         Build your competence and confidence to direct your local economic development team and Stop the Stupid Stuff that loses deals.


Click Here for more information and to register.

 
 
Follow up to the US Cluster Mapping Presentation held during the 2014 OEDA Annual Summit


A message from Sarah Jane Maxted, U.S. Cluster Mapping Portal (www.clustermapping.us): “Thank you for following along as I demoed the portal at the OEDA Annual Conference. As mentioned, the portal will only be as good as the practitioners who actively use it! We encourage you and your colleagues to register FOR FREE on the site and contribute relevant organizations, resources and blogs. To add yourself to our monthly newsletter please select here. For those of you that were unable to fill out a survey at the conference, please use this link: https://www.surveymonkey.com/s/usclustermappingpostlaunch1014

 
 
Ohio Supporting Entrepreneurs and Innovative Companies
Third Frontier Funds Regional Network to Help Start-Ups

Ohio Development Services Agency
  November 12, 2014

Today the Ohio Third Frontier Commission approved $43.52 million to support start-ups and advance entrepreneurship across the state.

“Ohio’s economy is stronger when we support entrepreneurs,” said David Goodman, director of the Ohio Development Services Agency and chair of the Ohio Third Frontier Commission. “Small businesses make up the majority of Ohio companies.”



Entrepreneurial Signature Program Awards

The Ohio Third Frontier Entrepreneurial Signature Program is a network of resources around the state where entrepreneurs with a start-up technology company can get help speeding up their growth and getting their ideas to market. The following resources are available to help Ohio’s young technology companies:

  • Mentorship by seasoned entrepreneurs and industry professionals
  • Access to investors and capital
  • Business support including legal, tax and accounting services
  • Assistance developing intellectual property and marketing/sales strategies
  • Help recruiting talent
  • Incubators providing state-of-the-art workspaces
  • Accelerators guiding entrepreneur teams through a three-month business “boot camp”

Click Here to read the entire News Release

 
 
Catalyzing Brownfields Redevelopment   CDFA Providing Free Technical Assistance for Communities
 
Council of Development Finance Agencies
October 24, 2014
Abandoned factories, warehouses and similar sites characterize too many of our country’s urban centers, rural landscapes and local neighborhoods. Fortunately, a market shift toward more efficient use of land and resources is helping an increasing number of communities achieve brownfields redevelopment and revitalization.

To further assist communities in this mission, CDFA has launched a Brownfields Technical Assistance Program funded through a five-year grant from the U.S. EPA. CDFA is providing states and municipalities throughout the country with best practices, education, stakeholder networking and technical assistance. These resources will be rolling out over the next few months, and you will be able to find them all at www.cdfa.net

CDFA Brownfields Project Marketplace

The CDFA Brownfields Project Marketplace provides communities the opportunity to receive special assistance with brownfields redevelopment projects. Communities will detail important information on a site and engage in open discussion with financial and brownfields experts. The purpose of these discussions is to provide initial suggestions for the communities' redevelopment plans and financing sources. CDFA will provide two in-person and two virtual marketplaces each year. 

The first CDFA Brownfields Project Marketplace will occur at the  2014 CDFA National Development Finance Summit. Communities that participate in the marketplace can not only receive specialized attention for their sites and projects during the marketplace on Thursday, November 20, but also attend the entire National Summit for free!

Get Engaged! Contact Jason Rittenberg

 
 
Investing in Ohio Students
Mean Investing in Ohio's Future


Ohio Development Services Agency
 

Ohio is helping businesses take strides to create a stronger workforce. Through the Ohio Export Internship Program and Career Exploration Internship Program, the state is pairing bright young minds with Ohio companies. These programs are designed with the business and student in mind, creating a coordinated relationship between the business, the student and the state.

Both programs provide a 50 percent reimbursement for the intern wages, reducing the financial burden on the company.  The Ohio Export Internship Program helps Ohio companies focus on increasing their global exports, while training college students in international business. The Career Exploration Internship Program provides high school students the opportunity to explore potential careers and gain valuable work experience in a professional environment.


Click here to read more.

For more information or to apply for the Ohio Export Internship Program click here.

For more information or to apply for the Career Exploration Internship Program click here.
 
 
Launch the Export Campaign at Home and Abroad to Gain Global Profits
China Market Open for Export Opportunities

Montrose Group, LLC
A reality of today’s global economy is large, middle market and even small companies need to gain access to global markets. 70% of the world’s customers are outside of the United States and U.S. exports account for 12.5% of the nation’s GDP.  More importantly, U.S. companies that export grow faster and are less likely to go out of business as compared to non-exporters.  Companies, regions and states are either global economic winners or losers and launching export campaigns are the key to winning in the global economy.

Click Here to read more.

 
 
CEDS Aids in Realization of Wyandot County Expansion Project

Wyandot County Office of Economic Development
 

The Wyandot County Office of Economic Development (WCOED) recently lead the effort on the $1.5 million grant application under the U.S. Economic Development Administration (EDA) Public Works Assistance program.  Although the expansion project surrounding the application was substantial, one item that helped secure the grant for a rural village in Wyandot County was the fact that the local economic development organization had a compiled and filed a Comprehensive Economic Development Strategy (CEDS) with the U.S. EDA in 2013.  The comprehensive planning document ultimately made the Wyandot County grant application more competitive overall.  The grant award in turn provided the needed resources to make a local manufacturing operation’s expansion project a reality.

Click Here to read more.

 
 
Dayton Power and Light's Economic Development Fund is Ready to Energize Growth in Ohio

Dayton Power and Light
 

The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation, has $6 million in its new Economic Development Fund, available over the next three years to stimulate growth and support expanding businesses in west central Ohio.

“DP&L believes the fund will be a tremendous asset to motivate and accelerate more development in the Miami Valley,” said DP&L President and CEO Derek A. Porter.

The fund, which was announced last month, was created as part of DP&L’s Electric Service Plan and is designed to bring new investment to the area, to invest in existing businesses through new jobs and to create a job-ready workforce.

“DP&L already partners with organizations in the region through annual contributions and grants of more than $2 million,” Porter said. “This Economic Development Fund brings that cooperation to a new level by offering programs that allow businesses and governments to take advantage of DP&L’s expertise in infrastructure development.”

Click Here to read more.

 
 
Join or Renew Your 2015 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 2015, 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
Vice President, Business Development, Tampa Hillsborough EDC,
Click here for more information.

Henry County Economic Development Director,
Community Improvement Corporation of Henry County, Ohio, Click here for more information.

 
In This Issue

2014 Annual Report Highlights OEDA Achievements and Future Goals

OEDA Presents Building Competitive Advantage to Win Sales Training

Follow up to the US Cluster Mapping Presentation held during the 2014 OEDA Annual Summit

Ohio Supporting Entrepreneurs and Innovative Companies

Catalyzing Brownfields Redevelopment -CDFA Providing Free Technical Assistance for Communities-

Investing in Ohio Students Means Investing in Ohio's Future

Launch the Export Campaign at Home and Abroad to Gain Global Profits

CEDS Aids in Realization of Wyandot County Expansion Project

Dayton Power and Light's Economic Development Fund is Ready to Energize Growth in Ohio

Join or Renew your 2014 OEDA Membership

OEDA Job Listings

Spread your good news!
 
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