JobsOhio Targets Funding of Middle-Market Companies
David J. Robinson.
The Montrose Group,LLC.
Growing and prosperous companies in the middle market, defined as those companies with annual revenue between $100 million and $1 billion, face numerous challenges as they decide to expand their business and market. The two most often sited challenges to growth by these companies is:
- Financing their expansions
- Recruiting and retaining talent
JobsOhio, the private sector economic development corporation for the state of Ohio, has helped many middle market companies solve the first challenge, and grow in Ohio through its JobsOhio Growth Fund Loan. From June 2016 through May 2017, JobsOhio invested $37,700,000 of loan proceeds into 12 projects that leveraged $453,551,994 of private capital investment. Because of these investments 1,632 jobs will be created with a cumulative payroll of $59,204,836 and the retention of 814 jobs. The average loan size was $3,140,000.
For more details about this program and a detailed list of the 12 projects funded during this period, click HERE.
OEDA Congratulates Graduates of the 2025 Ohio Basic Economic Development Course
OEDA Congratulates Graduates of the 2025 Ohio Basic Economic Development Course DUBLIN, OH – The Ohio Economic Development Association (OEDA) proudly congratulates the more than 85 participants who successfully completed the 2025 Ohio Basic Economic Development Course...
OEDA Begins Strategic Planning Amid Record Growth + Program Expansion
FOR IMMEDIATE RELEASE RFP now open for OEDA’s next strategic plan; proposals due July 1, 2025 COLUMBUS, OH; Tuesday, June 3, 2025 — The Ohio Economic Development Association (OEDA) has released a Request for Proposals (RFP) to develop a new strategic plan, its first...
OEDA seeks host communities for its Annual Summit
For Immediate Release OEDA seeks host communities for its Annual Summit For the first time, location proposals sought for 400+ attendee conference COLUMBUS, OHIO – TUESDAY, NOVEMBER 12 – Today, the Ohio Economic Development Association (OEDA) announced that is...