The Ohio Export Internship Program, a partnership between the Ohio Development Services Agency, Cleveland State University, The Ohio State University, and Youngstown State University, will match college students, who have taken export-focused coursework, to Ohio companies looking to pursue export opportunities. Half of the intern wages will be reimbursed, up to $3,600.
COLUMBUS – Governor John R. Kasich announced the approval of assistance for 6 projects set to create 656 new jobs and retain 1,365 jobs statewide. During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $35 million in new payroll, and spur more than $30 million in investments across Ohio.
A well-maintained transportation infrastructure is critical to economic success. Businesses depend on roads and bridges to provide a safe, reliable and efficient way of getting materials from suppliers and products to customers. Moreover, the transportation infrastructure can serve as a catalyst for economic growth and competitiveness.
Several year-end changes occurred to federal programs that may be of interest to OEDA members.
The Federal Tax Cuts and Jobs Act passed in late December preserved the main provisions of Private Activity Bonds (PABs), Historic Preservation Tax Credits (HPTC) and New Markets Tax Credits. Unfortunately, the Act repealed tax-exemption for advance refunding bonds issued after December 31, 2017.