OSDC Appoints Michael Kinninger as New Executive Director
Ohio Statewide Development Corporation
The Ohio Statewide Development Corporation (OSDC) announced Michael Kinninger has been hired as its new Executive Director. Effective August 31, long-time Executive Director Dianne Allen will retire after 18 years in the role. Kinninger had previously served as a Loan Officer for OSDC.
Prior to working as a Loan Officer for OSDC, Kinninger was employed at Ohio Development Services Agency where he coordinated the Community Development Block Grant (CDBG) Economic Development Program, providing gap financing to business investment projects across the State. Kinninger also currently serves as an appointee by the Franklin County Board of Commissioners on its Tax Incentive Review Councils, providing oversight to hundreds of Tax Increment Financing (TIF) and Community Reinvestment Area (CRA) projects across Franklin County. He is a graduate of The Ohio State University John Glenn College of Public Affairs (Master of Public Administration) and Ohio University’s Honors Tutorial College (Bachelor of Business Administration).
“Michael is a talented professional with an expansive knowledge of Ohio’s economic development resources,” said Jeff Darding, President of the OSDC Board of Directors. “Dianne has been instrumental to OSDC’s success over the last 18 years and we are well-positioned for the future thanks to her guidance. The OSDC Board is eager to enter a new chapter under Michael’s leadership.”
“I am excited to take on this new challenge,” said Kinninger. “Dianne has built a financially sound, well-respected organization with a talented staff. I look forward to building on the strong foundation she created so that even more Ohioans are able to take advantage of affordable financing options to grow their small businesses.”
The Ohio Export Internship Program matches businesses interested in growing exports with highly motivated college students who have taken export-focused coursework. The Ohio Department of Development offers participating small to medium-sized businesses a 50 percent reimbursement for the wages of the intern.read more
Louis Dreyfus Company (LDC), a leading merchant and processor of agricultural goods, announced plans for its state-of-the-art soybean processing facility to be located in Wyandot County, Ohio. The project will bolster the region’s economic growth in the critical food and agriculture sector. LDC’s facility will be located just outside of the City of Upper Sandusky; it’s first location in the State of Ohio.read more
The Ohio General Assembly, in its budget bill (HB33) approved July 3, 2023, authorized up to $750 million in state budget resources to the All Ohio Future Fund (R.C. 126.62). The fund is to be used for infrastructure to compete for — and win – more sizeable economic development projects such as the Amazon, Honda-LG, and Intel megaprojects that Ohio landed in recent years.read more