OEDA Dateline Newsletter
   December 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.
 
 
Lame Duck Legislative
Economic Development Update


FREE Webinar for OEDA Members
Thursday, January 12, 2017
9:30-10:30 a.m.

State of Ohio legislators worked with a flurry in the closing weeks of 2016 to conclude the 131st Ohio General Assembly and the topic of economic development was at the center of much of this work.  Join Chris Schmenk, of Bricker & Eckler, and Dave Robinson and Nate Green of the Montrose Group at an Ohio Economic Development Association webinar on January 12, 2016 to learn about important changes made to Ohio’s Downtown Redevelopment District program, TIF law and a new commercial property tax abatement program that empowers local communities to transform vacant properties.  This educational webinar will prepare economic development leaders to implement these law changes in the new year.

 Presented in partnership by
The Ohio Economic Development Association,
Bricker & Eckler, and
The Montrose Group, LLC

 
To register by January 11th, visit https://attendee.gotowebinar.com/register/925530784763312643.

 
 
Foreign Investment Breathes
New Life Into Ohio City

  Kristi Tanner

JobsOhio

On October 7, Fuyao Glass America, a subsidiary of China-based Fuyao Group, celebrated the grand opening of its auto glass manufacturing facility in Moraine, a small industrial city just south of Dayton, Ohio. The company invested nearly $600 million to convert a shuttered General Motors assembly plant into the world’s largest auto glass fabrication facility – the largest capital investment east of the Mississippi by a Chinese company.

Many of us involved with the Fuyao project had the good fortune to tour the facility at its various stages of life. I recall seeing the plant before it closed when GM employed nearly 2,000 people producing the Chevrolet Trailblazer and GMC Envoy. Its transition from a behemoth building sitting empty during the recession to the world’s largest auto glass fabrication facility employing more than 2,000 workers today is how we know a long-term vision and collaborative approach are must-haves in any economic development strategy.

A coordinated effort and long-term vision to attract foreign direct investment is a must-have in any economic development strategy. Had local leadership not fought to keep the building from being demolished in the early days of the GM closure, we would never have been able to find a strong industrial developer willing to take a risk on the facility. Similarly, without the strong partnership and collaboration between SelectUSA, JobsOhio, the Dayton Development Coalition, Montgomery County and the city of Moraine, among others, we might never have been about to attract this company that is now giving hope to a city hit hard by job losses during the Great Recession.

Click here to read more.

 
 
State of Ohio Seeking Small Businesses
to Hire Export Interns


Morgan Bleich-Lee
Ohio Development Services Agency


Are you a business interested in selling your products or services internationally? The Ohio Development Services Agency is searching for companies who are interested in exporting their products into international markets.

The Ohio Export Internship Program provides a unique opportunity to businesses interested in exporting by matching them with highly-motivated college students who have taken export-focused coursework. This year, 50 students from 12 different Ohio universities have been selected to participate in the program.

Click here to read more.

Ohio companies can apply at www.eip.development.ohio.gov

To learn more about the Ohio Export Internship Program, click here: https://www.youtube.com/watch?v=G4-1vhvwc7w
 
 
Columbus Smart City Award Creates $90M Opportunity to Build a
National Tech Model

David J. Robinson
Montrose Group

Columbus, Ohio gets a chance to be a pioneer in the development of smart city infrastructure.  Columbus was awarded the Smart Cities grant from the U.S. Department of Transportation. Columbus beat out six other finalist cities to receive $50 million in grant funding from the federal government to develop Columbus into the nation’s leading example for intelligent transportation systems.  Local private sector matches and funding from the Vulcan Foundation shot this investment up to $90 M.

Read more here: http://montrosegroupllc.com/columbus-smart-city-award-creates-90-m-opportunity-to-build-a-national-tech-model/

 
 
Helping Ohio Small Businesses
Become Successful


Morgan Bleich-Lee
Ohio Development Services Agency

Video Link: https://www.youtube.com/watch?v=DxwOKeeETF0

With more than 20 locations across the state, the Ohio Small Business Development Centers (SBDC) help small businesses and entrepreneurs develop and grow through professional counseling, business development and local resources. For more information, visit: www.sbdc.development.ohio.gov

 
 
Small Business Success Story: 
A Business All About the Dough


Morgan Bleich-Lee and Megan Nagy

Ohio Development Services Agency

Toledo native, Chris Ritter has worked in the food industry for many years. With a talented skill for handcrafting gourmet doughnuts, he decided to turn his passion into a sweet business.

With a play on the word “Toledo”, Ritter named his business “Holey Toledough” to connect his customers with a fun, and Instagram-worthy experience. Ritter works tirelessly through the night, handcrafting his doughnuts to perfection, and then delivers them the next morning to retailers.

From maple bacon toppings to whipped butter cream, this is just the beginning for this hungry and inspiring entrepreneur. In 2014, Ritter decided he needed help developing a business plan, so he made a visit to his local Ohio Small Business Development Center (SBDC) at the Toledo Regional Chamber of Commerce for help.

Click Here to read more.
 
 
Two Ohio Organizations Win U.S. EDA Regional Innovation Strategies Awards

David J. Robinson
Montrose Group

The U.S. Department of Commerce’s Economic Development Administration (EDA) recently announced winners for its 2016 round of the Regional Innovation Strategies (RIS) Program. Included among the 35 winners receiving a total of nearly $15 million is Lorain County Community College, which received $499,999 for its Northeast Ohio Regional Acceleration in Digital Innovation (NEO ReADI) project, and the University of Toledo, which received $500,000 for its The University of Toledo Rocket Fuel Fund.

Read more here: http://montrosegroupllc.com/two-ohio-organizations-win-u-s-eda-regional-innovation-strategies-awards/

 
 
USDA Ohio Rural Development: 
an impressive 2016
Agency improves rural quality of life across Buckeye State

Vince Paumier and Heather Hartley
USDA Rural Development

Fiscal year 2016 was a banner year for the U.S. Department of Agriculture’s Rural Development agency in Ohio, with more than $750 million in direct loans, guaranteed loans, and grants helping rural Ohioans get access to safe, modest housing, improve community development and infrastructure, and grow rural small businesses.  

“USDA offers more than 40 programs designed to help rural businesses, communities and their residents,” said Ohio Rural Development State Director Tony Logan. “Whether your business needs capital to grow, your hometown needs a new first responder vehicle or community building, or you’re looking to purchase or repair a home, chances are good that the USDA Rural Development agency can help.”  

Click here to read more.

 
 
Regional Chamber Launches
Redesigned Website

Kim Calvert

Youngstown/Warren Regional Chamber
The Regional Chamber is proud to announce the launch of its newly redesigned website, at regionalchamber.com.

Visitors to the site will find a more modern and updated look, as well as dropdown menus, enabling quicker navigation of all of the organization’s divisions and initiatives. In addition, the site is now mobile friendly, with easier access to event registration and the online directory—the two most-visited sections of the entire website.

Kim Calvert, vice president of Marketing & Special Events at the Chamber, said, “We’re excited to share this new site with our members and the business community, as it is much simpler to use than in the past. We have so many great tools and resources online—and thousands of people who are taking advantage of them—and wanted to ensure that we could deliver information much more easily and meaningfully.”


Click here to read more.
 
 
Join or Renew Your 2017 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 2017, 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:

 
 
Place Your Job Listings

Legislative Advocacy Position, NORED,
Click here for more information.

 

In This Issue
Lame Duck Legislative Economic Development Update

Foreign Investment Breathes New Life Into Ohio City

State of Ohio Seeking Small Businesses to Hire Export Interns

Columbus Smart City Award Creates $90 M Opportunity to Build a National Tech Model

Helping Ohio Small Businesses Become Successful

Small Business Success Story:  A Business All About the Dough

Two Ohio Organizations Win U.S. EDA Regional Innovation Strategies Awards

USDA Ohio Rural Development:  an impressive 2016

Regional Chamber Launches Redesigned Website

Join or Renew your 2017 OEDA Membership

Place Your Job Listings

Spread your good news!
 
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