OEDA Dateline Newsletter
   October 2015
 
 
 
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
 
 
OEDA Discount for Managing Economic Development Organizations Training

OEDA will be hosting the International Economic Development Council's professional development training, Managing Economic Development Organizations November 12-13, 2015 at the Sheraton Columbus at Capitol Square.

As an OEDA member, you may register by October 1, 2015 through OEDA's discounted rate $435.  You must use the discount code OH15 when registering.

Click Here to register by credit card.

Click Here to register by check, download the registration form to mail with your check payment of $435.

Click Here for more information
 
 
Workforce Training Money Available

Online Application Will be Available
Beginning September 28, 2015

More than 122,000 Ohio employees have already been trained through the Ohio Incumbent Workforce Training Voucher Program, and now that number will increase because round four is right around the corner. 

“As Technology evolves, so does the training needed to keep employees current,” said David Goodman, director of the Ohio Development Services Agency.  “It’s important that employees across the state have the tools they need to succeed."


Click Here to read more
Click Here for Guidelines FY'16
Click Here for FAQs FY'16 


 
 
State Program Helps Businesses in Ohio Grow Internationally

Ohio Development Services Agency now accepting applications
for the Ohio International Market Access Grant
for Exporters (IMAGE) program


Morgan Bleich-Lee
Ohio Development Services Agency

Businesses in Ohio are elevating their marketing plans and exporting their products and services internationally. As a result, small businesses are becoming more globally competitive while creating jobs in their communities. The Ohio Development Services Agency is now accepting applications for the 2016 Ohio International Market Access Grant for Exporters (IMAGE) program.

In the first two years of the program, 208 grants have been awarded, resulting in more than $127 million in expected global sales. “This program brings value to businesses in Ohio looking to export their products into international markets,” said David Goodman, director of the Ohio Development Services Agency. “By offsetting high marketing costs, small businesses can reach international customers and grow their business beyond Ohio’s borders.”

Click here to read more.


 
 
Mission to Asia Highlights Economic Opportunities on the Horizon

Kristi Tanner
JobsOhio

Ohio has more investments from Asia than any other continent and as such it’s an important part of the JobsOhio strategy.  Members of the JobsOhio team led a delegation of Ohio’s top economic development executives – including representatives of the Ohio Economic Development Association – traveled to Tokyo for annual the Midwest U.S.-Japan Association conference. The trip allowed for feedback from business and economic development leaders from Japan and China about how we can expand economic growth and improve economic relations in the future.

Executives from companies such as Honda, Hitachi, Hino Motors, Mitsui Chemicals, TS Tech, Makino and several other Japanese companies that have established themselves as major employers in Ohio, also joined us for the conference.

Click Here to read more.


 
 
5 Keys to State of Ohio Capital Bill Community Project Funding
Request Success

Nate Green
The Montrose Group, LLC
Good lobbying for state of Ohio capital bill community project requests start with complying with the technical requirements provided by the Ohio Office of Budget and Management. Guidance on the upcoming state of Ohio 2017-18 capital bill is expected out soon impacting the development of economic development, arts, theater, historic sites and other community projects. In fact, state agencies have until November 16, 2015 to submit their capital bill requests for a bill anticipated in early 2016. Five technical requirements exist to developing a successful state of Ohio capital bill request.

Read more here:
http://montrosegroupllc.com/5-keys-to-state-of-ohio-capital-bill-community-project-funding-request-success/

 
 
Finance Fund Awarded $4 Million in Round Six of Ohio New Markets Tax Credit

Kimberly Scher
Finance Fund

Finance Fund, a statewide nonprofit community development entity (CDE), was awarded $4 million in round six of the Ohio New Markets Tax Credit (ONMTC) Program administered by the Ohio Development Services Agency. A total of $10 million in tax credit allocation authority is available to Ohio CDEs each year. This funding expands Finance Fund’s capacity to provide needed capital and credit to economically distressed communities that lack access to affordable financing. In all six rounds, Finance Fund has received a total of $14 million in ONMTC for a minimum of $35.7 million in investments.

The U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) awarded $3 million to Finance Fund Capital Corporation (FCAP), thecertified Community Development Financial Institution (CDFI) affiliate of Finance Fund. The CDFI Fund award includes $1 million in Financial Assistance that will be used for small business lending, and $2 million in funding from the CDFI Healthy Food Financing Initiative (HFFI). The HFFI funding enables FCAP to expand its statewide healthy food-focused financing activities to help meet the unique needs of healthy food projects operating in economically underserved communities. FCAP is one of 11 CDFIs nationwide to receive an HFFI award. The CDFI Program awarded a total of $202 million in grants and loans to 195 Community Development Financial Institutions.


 
 
JEDISO Receives Excellence in Economic Development Award from the IEDC

Jason Kester
Southern Ohio Port Authority
October 7, 2015

Joint Economic Development Initiative of Southern Ohio (JEDISO) received a Bronze Excellence in Economic Development Award for its 2015 project in the category of Regionalism & Cross-Border Collaboration for communities with populations of 200,000-500,000 from the International Economic Development Council (IEDC).

The honor was presented at an awards ceremony on Tuesday, October 6, during the 2015 IEDC Annual Conference, which was held October 4-7, in Anchorage, Alaska.

“From localized community projects, to large scale endeavors, economic development efforts have played a vital role in the global economy,” said JoAnn Crary, CEcD, Chair of the International Economic Development Council and President of Saginaw Future Inc. “As we address new and longstanding challenges, these efforts continue to take on even greater importance. The award serves as a salute to pacesetting organizations like the Joint Economic Development Initiative of Southern Ohio (JEDISO) for leading the charge."

Click Here to read more.
 
 
 
5 Steps to Capture the Boom in
the Energy Revolution

Nate Green
The Montrose Group, LLC
Natural gas posted a new 52-week low this week of $2.47 per million BTU’s and oil remains below $50 dollars a barrel. Low energy costs drive economic growth. Energy is consistently a top ten factor impacting corporate site location decisions. Regions, states and companies looking to capture the benefit of lower energy costs should take five steps to create an economic boom.


Read more here:
http://montrosegroupllc.com/5-steps-to-capture-the-boom-in-the-energy-revolution/
 
 
 
Dan Evers selected by
Clinton County Port Authority

Clinton County Port Authority

Wilmington, Ohio – September 21, 2015 – The Board of Directors of the Clinton County Port Authority recently announced that Dan Evers has been selected to be the new Executive Director. A seasoned public official with significant economic development background, Evers brings a wealth of experience to the Port Authority to continue its work in Clinton County.

“He is familiar with Port Authorities and the financing options they have,” said current Port Authority Chairman David Hockaday.

Retiring Executive Director Kevin Carver added, “His significant background in economic development and senior level government management will be important to the Port Authority and the community.”

Click here to read more.

 
 
 
Local Businesses Plan Workforce Summit

Pam Bemrose

Ashland— The North Central Workforce Alliance of Ohio (NCWA) will host a Workforce Summit on November 19th from 7:30 am – 1:30 pm at Ashland University.

NCWA was formed in 2015 by local business leaders to address their most common and pressing need: workforce. This employer-driven partnership seeks to develop solutions to attract, hire, develop, and retain local talent across the following industries: agriculture, construction, heavy machinery, IT, manufacturing, medical, and others.

NCWA leadership recognized the need to take action as they struggle to fill open positions at all skill levels. As a large portion of the workforce nears retirement, the number of young people interested in and prepared for the skilled trades continues to lag. Working together, businesses can collectively address these issues with innovative, demand-driven solutions. 

Click Here to read more.
Click Here for the NCWA Summit Flyer

 
 
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
Finance Manager, Development Finance Authority of Summit County,
Click here for more information.


Community Development Specialist,
Ohio Mid-Eastern Governments Associations,
Click here for more information.

Executive Director, Ohio Economic Development Association,
Click here for more information.

Associate Director, 
Saint Francis Group,
Click here for more information.

President & CEO, Seneca Industrial and Economic Development Corp.,
Click here for more information.

Economic Development Manager, City of Worthington, Ohio,
Click here for more information.

Director of Regional Workforce and Talent Innovation, 
Richland County Foundation,
Click here for more information.

Field Specialist, Community & Organizational Leadership, 
Ohio State University Extension,
Click here for more information.

Economic Development Director, Licking County Chamber of Commerce,
Click here for more information.


 

In This Issue

OEDA Discount for Managing Economic Development Organizations Training

Workforce Training Money Available

State Program Helps Businesses in Ohio Grow Internationally

Mission to Asia Highlights Economic Opportunities on the Horizon

5 Keys to State of Ohio Capital Bill Community Project Funding Request Success

Finance Fund Awarded $4 Million in Round Six of Ohio New Markets Tax Credit

JEDISO Receives Excellence in Economic Development Award from the IEDC

5 Steps to Capture the Boom in the Energy Revolution

Dan Evers selected by Clinton County Port Authority

Local Businesses Plan Workforce Summit

Join or Renew your 2015 OEDA Membership

OEDA Job Listings

Spread your good news!
 
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