Why Pitch Days and Ohio’s Military Installations are Important to Business Growth
On November 13 and 14, JobsOhio was honored to partner with the Air Force Life Cycle Management Center (AFLCMC) and the Dayton Development Coalition to hold AFLCMC Pitch Days at Carillon Historical Park in the Dayton region. The two-day event connected industry, venture capital and the U.S. Air Force together to facilitate support for cutting-edge technologies. These were the first Pitch Days held in Dayton, but we anticipate they will not be the last.
Leveraging the success of previous Air Force Pitch Day events, AFLCMC Pitch Days provided an opportunity to drive investment and potentially attract innovative companies to Ohio. Twenty-three companies presented projects related to airborne communication, cyber-related commercial innovations, maintenance and manufacturing technologies, and intelligence and surveillance for special forces. We are excited that all 23 companies walked away with contracts and checks, totaling up to $1 million each. In total, $15 million in contracts was awarded, $3 million more than expected.
Although the participating companies were not from Ohio, they now have reason to grow in the state. JobsOhio introduced them to grants and other ongoing services to incentivize and entice these companies currently operating out-of-state to invest and locate closer to their customer, the U.S. Air Force.
The Wright-Patterson Air Force Base is a huge asset to the Air Force and Ohio. The base employs more than 30,000 people as the state’s largest single-site employer. If the AFLCMC — headquartered at Wright-Patterson — were a private company, it would rank No. 3 on the Fortune 500. Similarly, the Air Force Materiel Command — also based at Wright-Patterson — would be among the Top 40 of Fortune 500 companies.
The Pitch Days showcased the importance of supporting Ohio’s federal and military installations and the potential they have to attract opportunities to the state. For this reason, we are exploring adding federal and military installations as a focus in the new JobsOhio strategy.
We look forward to partnering with all of you to facilitate and support these and other initiatives that draw attention to Ohio, bringing the potential for investment and job creation across the state and in our communities.
Ohio’s Joint Economic Development District (JEDD) program is the major state program that enables collaboration among municipalities and townships to encourage investment and job creation. Over the past few years, the JEDD program has undergone a number of significant changes that impact on its practical use.read more
I first met Dan in the fall of 2016. I had moved to Central Ohio over the late holiday season in 2015 to begin serving as the new Director of GROW Licking County CIC, Dan’s former role. I was immediately struck by many in the community who worried that I would “not be enough,” that the “shoes were too big,” and that “Dan was larger than life.” And they were right.read more
The Ohio Economic Development Association’s annual Excellence Awards program recognizes the achievements of individuals and organizations in Ohio in the areas of economic and workforce development. Submit your nominations today and have excellence in your community recognized statewide!
A panel of judges will evaluate the nominations, determine finalists, and select a winner for each of the categories noted below. Award winners will be announced in conjunction with the 2022 OEDA Annual Summit, being held October 3-6 at the Exchange at Bridge Park in Dublin, Ohio.read more