Export Interns Boost Business

Sep 20, 2019 | News, Newsletter

Dan Bowerman
Ohio Development Services Agency

Ohio program will pay half the wages

 

 

The Ohio Export Internship Program helps businesses grow by expanding export efforts or starting an export initiative.

The Ohio Development Services Agency is accepting company applications now for summer internships. The students involved are highly motivated and take export-focused coursework at Cleveland State University, University of Dayton, The Ohio State University and Youngstown State University.

The Development Services Agency will reimburse half the intern wages, up to $3,600. The internships will run from May through August 2020. The interns are continually mentored by Ohio export assistance staff.

Company applications are being accepted for site meeting that begin in November and run through February 2020. The final deadline to apply is February 1, 2020.

For more information and to apply, visit eip.development.ohio.gov.

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.

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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. 

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