New look. New energy. New ways to get involved.
The Ohio Economic Development Association is more than just a new website. There’s a new energy at OEDA, reflecting those we serve. As the professional association for economic developers, our new brand reflects our members– dynamic, on-the-move, decisive, knowledgeable, informed, engaging. The Ohio Economic Development Association is committed to helping our members expand their knowledge, expand their network and expand their influence. So, come join us as we work to expand your opportunities.
The Ohio Economic Development Association is committed to providing Ohio’s economic development community with resources to help practitioners best serve their business community during the COVID-19 outbreak. We believe one of the most helpful roles OEDA can play is curator; sifting through and summarizing the vast amount of information so you can focus on what you need as professionals.
THE STATEWIDE AUTHORITY ON ECONOMIC DEVELOPMENT ISSUES
OEDA is your partner for success at every step of your career. Our foundational programs and services are designed to support you in your current position as well as preparing you for future career growth. Whether it is through our jobs board, opportunities to connect, or your expansion of knowledge, OEDA opens doors and expands opportunities.
As the economy recovers and Ohio businesses across the state work to stay open or in some cases reopen, JobsOhio’s Northwest Ohio Network Partner, the Regional Growth Partnership, hosting OHZone, a virtual career fair, on Thursday, November 5, 2020.read more
It is time again to start thinking about the Governor’s Cup, awarded by Site Selection magazine every spring.
Although this year presented us with a lot of challenges, Ohio continues to be a leading destination for new business investment and job creation. Through a statewide collaborative effort, we have been able to continue to attract, retain, and grow companies in Ohio.read more
The I70/75 Development Corporation is sponsoring a no-charge online presentation by Louis Gravance, open to all economic developers, on November 6th at 11:30am. Mr. Gravance is a customer service guru and former training designer for Walt Disney World in Orlando, Florida. After almost two decades with Disney, Louie was drafted by Bank of America and ING Financial to help re-think service in the investment industry.read more
House Bill 6 Repeal Effort(s), Civil Litigation & Business Groups Step Forward: Work continued in committees – the House Select Committee on Energy Policy & Oversight and the Senate Energy & Public Utilities Committee – on three bills (HB 738, HB 746 & SB 346, described below) to straight-repeal HB 6’s nuclear energy subsidy program. One issue that’s been raised in the House Select Committee hearings is HB6’s use of 2018’s peak revenue for FirstEnergy as a reference year for the company’s entitled annual revenue levels via ratepayer subsidy charges. The nuclear subsidy charges are set to appear on ratepayer bills on January 1.read more
Clawback of GM Tax Credits & Awarding new LG Chem Tax Credits: The Ohio Tax Credit Authority on September 28 approved a clawback agreement with General Motors under which the automaker will repay $28MM in incentives resulting from the idling of its Lordstown assembly plant in 2019. The agreement also requires GM to provide another $12MM in “Ohio Community Support” in the form of scholarships or job training at Youngstown State University or schools and/or infrastructure assistance in the Mahoning Valley region.read more
New Round of Coronavirus Relief Fund Payments to Local Governments
A new proposed funding formula for the final $650 million tranche of Coronavirus Relief Fund payments to Ohio local governments is included in the fast-tracked Senate Bill 357 (described more fully, below). This latest legislative vehicle to distribute federal CARES Act funds to Ohio units of local government will reflect some changes from previous Coronavirus Relief Fund distributions (e.g., HB 481’s distribution of $350 million): extending the deadlines imposed on Ohio local governments to spend their federal money; and the funds-distribution formula moves away from the 2019 Local Government Fund formula (used under HB 481) and instead uses a per capita basis.
The best and the brightest practitioners have invested in their careers and communities by becoming members of the Ohio Economic Development Association. But, other top industries and organizations have as well. Support for OEDA is support for the economic development profession and reflects these organizations’ commitments to growing the Ohio economy.