Save the Dates for the In-Person OEDA Annual Summit!

It sure has been a while… We are so excited to be back as the 2021 Annual Summit returns to an in-person event this year!

This 2021 Annual Summit is designed to help you re-connect and re-energize while making sure you have the information you need to achieve success in your community.

This year’s conference is built around two days of general sessions and multiple networking opportunities. It ends with a celebration of Ohio’s economic and workforce development community at the 2021 Excellence Awards.  Stay tuned for more details; the final schedule will be released later this month.

The JobsOhio Inclusion Grant Supports Distressed Communities and Underserved Populations

JobsOhio is prioritizing efforts to empower Ohio businesses with the resources they need to reach their potential. Since the start of 2020, we have worked on an inclusion strategy focused on investing in and driving job creation in distressed areas across Ohio – defined as those that have not recovered from the 2008 recession. JobsOhio also provides the capital needed to grow businesses in these communities and those owned by underserved populations.

Economic impact study illustrates Uptown Cincinnati’s significant impact on local economy

A study on the economic impact of the area of Uptown Cincinnati was recently published by the University of Cincinnati Economics Center. The report summarizes the economic and financial impact of almost all of Uptown’s anchor institutions — Cincinnati Children’s Hospital Medical Center, Cincinnati Zoo and Botanical Garden, TriHealth, University of Cincinnati and UC Health — and the roughly 1,092 auxiliary businesses operating in Uptown’s five core neighborhoods: Avondale, Clifton, Corryville, CUF (Clifton Heights, University Heights, and Fairview), and Mt. Auburn.

You just caught that purple unicorn – now what? Ohio’s operating budget appropriates $500 million in grant funds for brownfield remediation and (commercial) building demolition

For many observers tracking the state budget bill, the General Assembly’s change in the name of the state’s development agency – reverting back to the Ohio Department of Development (ODOD) – was breathtaking in and of itself. However, two new funding lines inserted into the measure (H.B. 110), representing $500 million in total grant funds available during state fiscal year (SFY) 2022, have lassoed the purple unicorn. That is, an answer now exists to the question, “how will Ohio fund clean-up and demolition of legacy commercial and industrial sites?”