WCPO Channel 9 reports that the Cincinnati USA Partnership – the economic development arm of the Cincinnati USA Regional Chamber – may encounter difficulty securing $10.5 million for three years of funding from Tri-State companies. The article lists two concerns these companies will likely consider: as one of six network partners in the statewide JobsOhio system, the partnership "ranked last in Ohio in new capital investment in the 12 months ending April 30." Also, turnover might concern partnership investors as "[Matt] Davis is the fourth person in three years to take the helm and all seven of its business attraction specialists have been with the partnership for less than two years" (See our Sept 03, 2013, blog post for more information). For more, read the full story.
Turnover and low new capital investments ranking may make it difficult for Cincinnati USA Partnership to secure funding