Ohio Ports Eligible for $23 Million in Development Funding

A new program  — the Ohio Maritime Assistance Program program — is providing funding to ports along the Ohio River and Lake Erie or businesses within ports.

The Program began accepting applications from ports in late January and will continue through March 27. The program is making available $11 million through June 30 and an additional $12 million for the 12 months ending June 30, 2021.

Large TIFs may be eligible for one-time extension opportunity

During fall 2019, the General Assembly changed Ohio law governing tax increment financing (“TIF”) exemptions in a big way.  For certain TIF projects, local communities can extend the exemptions – and therefore continue to redirect property tax millage to necessary public infrastructure improvements – up to 30 additional years. 

Funding for SBA Supports Growth as We Enter A New Roaring Twenties Economic Era

President Trump’s commitment to improving the economy and the engine that drives it – small businesses – has been undeterred. And, when he approved the federal government’s fiscal year budget in late December, he secured the future of America’s small businesses and our nation’s ability to recover after disasters with funding for the U.S. Small Business Administration.

Montrose Group Announces Top Ten 2020 Corporate Site Location Trends

2020 will have ten critical corporate site location trends that will impact economic development across the United States.  The Montrose Group provides corporate site location, economic development planning, project financing and lobbying services to companies and organizations across the United States and annually releases the top ten economic development trends impacting corporate site location.  The Montrose Group has negotiated corporate site location projects totaling over $1 B in economic development incentives and has active projects in multiple states.