DevelopOhio

Multi-billion dollar green energy fund up for possible amendment to the Ohio Constitution

Governor Kasich overhauls Ohio's workforce development system

Ohio creates a new international exporting program to support small business exports

The Ohio Department of Development to host information sessions on funding for community services and planning (shared services)

According to an article in Crain's Cleveland Business, Ohio is making a name for itself in venture capital investments. 

The Bureau of Labor Statistics (BLS) released data today stating that nationally, non-farm payroll employment rose by 200,000 in December, as the unemployment rate continued to slowly trend downward by 0.1 percent to 8.5 percent. 

CSI Ohio – Ohio’s common sense initiative: have you done your part?

According to a recent article posted on toledoBlade.com, Ohio is joining seven other states in kicking off the New Year by putting more cash in minimum wage earners pockets.

Ohio awarded $22 million in TIGER Grants

The Ohio Department of Development’s Office of Energy recently announced the launch of the Energy Loan Fund program to provide low-cost financing to energy efficiency and renewable energy projects.

The Ohio Department of Job and Family Services (ODJFS) released state figures this morning noting that Ohio’s unemployment rate was 8.5 percent in November, down a half of percent from 9.0 in the month of October. The number of workers unemployed in the state of Ohio in November was 496,000 down from 526,000 in October.

Today the Ohio Department of Development goes live with the new state program to provide income tax credits on small business investments.

A recent Gongwer News Service article reported that in an effort to "restrain government spending" with his first capital appropriations measure, Gov. Kasich has raised the state-funding threshold for new construction to a point that will eliminate "state-backed bond funding for special local projects like theaters, arts and sports ...

"The Clean Ohio Council approved more than $27.5 million in Clean Ohio Revitalization Fund grants on November 18 for 15 brownfield clean-up projects throughout the state, which are expected to create and retain nearly 1,280 jobs," according to a news release from the Ohio Department of Development.

Two programs – the Clean Ohio Fund and the Job Ready Sites Program – that assist communities and businesses to remediate distressed properties and incentivize the development of “pad ready” sites, may be discontinued as the State has no current plans in place to continue them.

OSU plans to aid in Ohio’s business development and attraction activities through the use of their international gateway offices.

InvestOhio, a $100 million tax credit program, was established to stimulate investments in Ohio’s small businesses.

On November 1, 2011, two Ohio senators announced that they will introduce a $300-$400 million dollar economic development proposal, called “Forward Ohio,” to get unemployed Ohioans back to work. 

The Bureau of Labor Statistics (BLS) released data stating that nationally, non-farm payroll employment continued to trend up by more than 80,000 in October, and the unemployment rate lowered by 0.1 percent to an even 9.0 percent. 

The expansion of the Panama Canal will impact the future of the Ohio River as a major freight corridor, and a working group in greater Cincinnati has formed to strategize how to best capitalize on this opportunity to better benefit the region.

The Ohio Department of Administrative Services (DAS) will host the 2011 Ohio Business Expo on November 30, 2011.

The Controlling Board approved $1.48 million for legal assistance in preparing the deal to fund JobsOhio with liquor proceeds.

With State and federal transportation funding decreasing, the State of Ohio is considering various options to fund transportation projects throughout the State including leasing the Ohio Turnpike to generate additional revenue.

In-state college tuition rates will automatically apply to returning Ohio high school graduates transitioning back to Ohio, regardless of age.

Ohio’s unemployment rate held at 9.1 percent, unchanged from the month of August.

The BLS released data this past week stating the national unemployment rate held at 9.1 percent for the month of September.

The Ohio Bureau of Workers' Compensation Board of Directors approved Grow Ohio, a program created to reduce premiums and encourage economic development activity in the state. 

JobsOhio regional partners to receive nearly $15 million in funding.