OEDA Dateline Newsletter
   September 2016
 
 
 
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 is your source for economic development news from around the state.  Are you following us on Twitter?  For a daily roundup of economic development news, be sure to follow @ohioEDA.
 
 
Executive Director's Column

Jennifer Tisone Price

Ohio Economic Development Association


According to most studies, people’s number one fear is public speaking. Number two is death. Death is number two. Does that sound right? This means to the average person, if you go to a funeral, you’re
better off in the casket than doing the eulogy
.” – Jerry Seinfeld 
Many people have heard this one before and can relate.  Seinfeld’s joke about glossophobia, or the fear
of public speaking, probably hits close to home.  An estimated 75 percent of American adults have this condition. It’s our hope that at least a few of the remaining 25percent are OEDA members.
 
Why? As one of the many new initiatives designed to grow OEDA and elevate the profession, OEDA is pleased to announce it will be launching a speaker’s bureau in early 2017.  Speaker’s bureaus are an effective and engaging way to:
·        Increase public and stakeholder understanding of the economic development profession,
·        Recruit new members,
·        Increase OEDA’s visibility,
·        Attract and respond to media coverage,
·        Deliver an important message to a target audience, and
·        Motivate people to take action.

Click here
to Read More.

 

 
 

2016 OEDA
Annual Summit

"Connect and Collaborate"

October 19-21

 Columbus Marriott Northwest,
5605 Blazer Pkwy.

Dublin, OH  43017

 
Registration is now open for the 2016 OEDA Annual Summit!

Registration is available through Monday, October 10th!


Click Here to view the full schedule of events, Summit registration info., and hotel room reservation info. 

Click Here to register online today! 
You may register by check or credit card via our online system.

 

 
 

2016 Annual Summit Hotel Information

The Columbus Marriott Northwest will be the host site of the 2016 Ohio Economic Development Association Annual Summit.  The Columbus Marriott Northwest is located at5605 Blazer Parkway, Dublin, OH  43017. 

You may book your hotel room now for the 2016 Annual Summit!  A limited number of rooms have been blocked for the nights of October 18, 19, and 20 at the discounted rate of $140per night for single and double rooms.  The reservation deadline is September 27, 2016. 

You may make your reservation online by visiting http://www.ohioeda.com/AnnualSummit, or directly at http://www.marriott.com/hotels/travel/cmhnw?groupCode=DEVDEVA&app=resvlink&fromDate=10/17/16&toDate=10/21/16&stop_mobi=yes.   Or you may make your reservation by calling  1-800-Marriott - be sure to mention that you are booking your room in conjunction with the Ohio Economic Development Association Annual Summit.

 

 
 

Taking Our Workforce to the Next Level

Stephanie Gostomski
 
Ohio Development Services Agency

Another round of funding will soon be available through the Ohio Development Services Agency’s Incumbent Workforce Training Voucher Program. This program provides training funds to Ohio's incumbent workforce.The ultimate goal is twofold: allow employers to retain and grow their existing Ohio workforce and create a statewide workforce that can meet the present and future demands in an ever changing economy.

“We are making sure our current workforce is competitive,”said David Goodman, director of the Ohio Development Services Agency. “By training them now for the jobs of tomorrow, we are securing a strong economy.”

The agency will begin accepting applications in late September.  www.development.ohio.gov

 

 
 

THINK Manufacturing:  For a
BRIGHT Future

Andrea Gibson
 
Sandusky County Economic Development Corporation

Sandusky County has a broad manufacturing base and a skilled workforce is a major concern to our existing as well as potential new manufacturers. The need to continue to make Sandusky County a great place to do business and addressing our future workforce is essential to keeping our manufacturers in Sandusky County.  There is a shortage in skilled trade workers leaving a generational gap in the manufacturing industry.  It is crucial to introduce the benefits of working in skilled trades and the options that career path can provide in the employability success of Sandusky County residents. 

Click Here to read more.

 

 
 

Cool & Connected

US Environmental Protection Agency

Cool & Connected, a planning assistance program sponsored by the U.S. Department of Agriculture Rural Utilities Service, EPA's Office of Sustainable Communities, and the Appalachian Regional Commission, helps rural communities use broadband service to revitalize small-town main streets.

Communities can combine broadband service with other local assets such as cultural and recreational amenities to attract investment and people, including young people, and diversify local economies.

Through Cool & Connected, a team of experts helps community members develop strategies and an action plan for using broadband to create walkable, connected, economically vibrant main streets and small-town neighborhoods that improve human health and the environment.

We are not currently accepting applications to participate in the program. The program sponsors plan to announce a new round of Cool & Connected community partnerships in fall 2016. That announcement will include information on how communities can request to participate. To receive announcements about Cool & Connected and to get the latest information on EPA smart growth publications, webinars, and other planning assistance opportunities, subscribe to our Smart Growth Listserv. To sign up, send a blank email to smart_growth_list_serve-subscribe@lists.epa.gov.

See our Smart Growth in Small Towns and Rural Communities page to learn more about how smart growth strategies can help rural places strengthen their economies, improve quality of life, and protect the environment and human health.

Click Here to read more.

 

 
 

Investing in Ohio Guide

Stuart Moynihan
JobsOhio

Over the past several months, the JobsOhio Marketing and Communications team – with a great deal of assistance from many JobsOhio team members – have worked with Conway, the publishers of Site Selection, to create the Ohio Economic Development Guide.

This guide can provide jobs creators an enriched understanding of the opportunities Ohio offers businesses to grow. It features stories about Ohio project successes, target industries, talent acquisition,quality of life, our cities and universities and more. It can now be found online at http://siteselection.com/cc/ohio/.

 

 
 

Middle Market Firms Gain Economic Prosperity Through Corporate Site Location Process

David Robinson
 
The Montrose Group, LLC

Middle market firms range from $10 M to $1 B in revenue and they gain economic success through the use of a corporate site location process. Middle market firms comprise only 1% of the total number of commercially active firms in the United States. However, middle market companies have led national job growth over the past five years, employing nearly 53 million workers according to the fifth Middle Market Power Index created by American Express and Dunn & Bradstreet. This worker total constitutes double the number employed by this segment in 2011 and these firms also contribute $9.3 trillion to the U.S. economy. The Middle Market Power Index indicates the number of middle market firms has doubled since 2011 while the total number of all other firms has declined.

Read more here,http://montrosegroupllc.com/middle-market-firms-gain-economic-prosperity-through-corporate-site-location-process/

 

 
 

She Said "Yes" to "Success" - The Windamere Event Venue
& Art Gallery

Morgan Bleich-Lee
 
Ohio Development Services Agency

For 20 years, Mica Glaser overworked herself time and time again. She was passionate about her work, but tired of not being valued at her job. As many people say, but little actually do – she decided to start her own business. With years of experience in event planning, marketing and sales, she started scouting venue locations. “I knew I wanted a building with history and character,” said Glaser. “And when I stepped into the Ogelsby-Barnitz Bank, it was love at first sight. I knew this was it.”

As she began the process of starting her business, there were several road blocks involved. “We had to submit two business plans to the bank and federal government, one for the venue and the other for Toast of the Town; our event planning company,” said Glaser. At this moment, she knew she needed additional help and was recommended to the Butler County Small Business Development Center (SBDC). “We worked together to develop a business plan and to re-structure her business,” said David Riggs, Director at the Butler County SBDC.

Click Here to read more.

 

 

 
 

$100,000,000 in Volume Cap Available for Qualified Small
Development Projects

 Nate Green
The Montrose Group, LLC

Each year states receive an allocation from the federal government of what is known as volume cap. Volume Cap is the amount of tax-exempt financing available for certain types of private companies or developers in a calendar year. Federal law determines project eligibility. A project must obtain an award of Volume Cap from a state before it can have tax-exempt bonds issued. The true value of volume cap it that it allows eligible “private activities” such as manufacturing projects to receive tax exempt rates, which carry a lower interest rate than taxable rates. Entities that can issue tax-exempt private activity bonds include counties, cities, port authorities, housing authorities, quasi state agencies, and community improvement corporations. The state of Ohio, through the Development Services Agency (DSA) allocates $100 million annually to qualified small issues. These qualified small issues are commonly known as industrial development bonds.

Read more here, http://montrosegroupllc.com/100000000-in-volume-cap-available-for-qualified-small-development-projects/

 

 
 

Introducing the JobsOhio Research
& Development Grant Program

Andrew Deye
JobsOhio

Recently, the JobsOhio Board of Directors approved a new program – the JobsOhio Research & Development (R&D) Grant Program. Authorized with $50 million of initial funding, the R&D Grant Program is intended to extend the breadth and strength of Ohio research and development to help spur innovation and job creation.

Read below for a brief overview of the new Research & Development Grant Program, identification of some of the program's unique features, and guidance on how interested for-profit companies or non-profit research institutes can present R&D Grant proposals to JobsOhio for consideration.

A New Approach to Research & Development 

JobsOhio’s strategy is focused on nine sectors of the economy – Advanced Manufacturing, Aerospace & Aviation, Automotive, Biohealth, Financial Services, Food Processing, Information Technology, Logistics & Distribution and Shale Energy & Petrochemicals.

The R&D Grant Program will allow JobsOhio to make strategic investments in new R&D Centers that support existing and emerging sectors.  Examples of R&D Centers could include, among other areas of focus, Additive Manufacturing, Advanced Materials, Aero Propulsion, Smart Mobility, Biomedical, Carbon Fiber, Cybersecurity, Data Analytics, Financial Technology, Energy Storage/Fuel Cells, Internet of Things, Sensors and Unmanned Aerial Systems.

Read more

 

 
 

City of Marysville Acquires Land for
33 Innovation Park Development

Terry Emery
City of Marysville

The City of Marysville, Ohio, is excited to announce its plans to launch a major new land development, the 33 Innovation Park. Due to the need for shovel-ready sites to accommodate the City’s future growth and job creation, City Council is considering legislation that would allow the purchase of property to establish the Park.

If approved by the City Council, the City would acquire 203 acres of property along Industrial Parkway south of Coleman’s Crossing Boulevard and west ofUS-33. The City would utilize the land to develop the Park that will become a hub for advanced manufacturing and research and development.  The 33 Innovation Park will capitalize on the recent collaboration with Dublin and Union County in naming US 33 – the NW33Innovation Corridor.

Click Here to read more

 

 
 

Join or Renew Your 2016 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 2016, 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:

www.ohioeda.com/benefits

 


 
 

Place Your Job Listings


Executive Director, Sandusky County Economic Development Corp,
Click here
for more information.

Director of Community Development, City of Lima,
Click here
for more information.


Director,
Van Wert County Economic Development,
Click here
for more information.

 

In This Issue

Executive Director's Column

2016 OEDA Annual Summit - Register Today!

2016 Annual Summit Hotel Information

Taking Our Workforce to the Next Level

THINK Manufacturing:  For a BRIGHT Future

Cool & Connected

Middle Market Firms Gain Economic Prosperity Through Corporate Site Location Process

Investing in Ohio Guide

She Said "Yes" to "Success" - The Windamere Event Venue & Art Gallery

$100,000,000 in Volume Cap Available for Qualified Small Development Projects

Introducing the JobsOhio Research & Development Grant Program

City of Marysville Acquires Land for 33 Innovation Park Development

Join or Renew your 2016 OEDA Membership

Place Your Job Listings

Spread your good news!

 

 

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Spread your good news!  Submit your press releases on your economic development successes to OEDA@assnoffices.com

Don't forget to follow @OhioEDA on Twitter to get the most up to date economic development information from across Ohio

 

 

 

 

 

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