Climbing the Skills Ladder: Ohio Announces the Third Round of TechCred Funding

Whether you are an employer or are in the economic and workforce development profession, upskilling your existing workforce is a necessity to stay competitive and grow your business. This week, Lt. Governor Jon Husted announced a third round of funding through the Ohio TechCred program will open on Monday, March 2 and run through the […]

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JobsOhio Site Inventory Program to Provide $250M Over Five Years for Site Funding

To address a lack of sites ready for industrial, R&D and office projects, JobsOhio is preparing to launch the Ohio Site Inventory Program.  Draft guidelines were recently released by JobsOhio that provided details for what could be the final rules to allocate $50M annually over five years in funding for site development costs.  JobsOhio announced

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2020 Will See Utilities Play Larger Role in Economic Development

Driven by a $50B connected devices market, an increase in the use of global use of robotics on average for industrial robots per 10,000 manufacturing workers from 66 in 2015 to 85 in 2017,  Rising opportunities from electrification driven by the expansion of robotics, automation and Artificial Intelligence (AI), will drive utilities to play a

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Robotics Training Programs Critical to Retention and Attraction of Manufacturing Jobs in 2020

The development of robotics training programs will become a central strategy for the retention and attraction of manufacturing jobs in 2020.  Robotics is the new plastics.  The famous line in the 1960’s movie Mrs. Robinson when the young, directionless college graduate gets career advice that plastics is the way to go can now be communicated

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The Rise of Generation Z to Impact Corporate Site Location in 2020

Demographic data impacts corporate site location trends, and 2020 will see the start of the workforce impact of Generation Z on the corporate site location process.  Demography is the study of the structure of the population in terms of size, characteristics such as age distribution and education, changes in the population due to births, mortality

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Ohio Offers a Broad Range of Office Development Incentives & Public Finance Tools

Office projects drive economic growth.  However, areas like Downtown Columbus Ohio’s Statehouse Square have office towers with under 50% occupancy and these structures present community economic challenges and redevelopment opportunities.  Fortunately, states like Ohio offer a range of tax incentives and public finance tools to develop office projects.  These tools range from tax abatements to

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Reviving Downtown’s with Creative Economic Development Approaches – A Look at DRD’s

Reviving Downtown’s with Creative Economic Development Approaches – A Look at DRD’s Does your community have a Downtown rich with history? Do some of those downtown structures still resemble the days when that rich history was being made? Perhaps your community should consider one of Ohio’s newer revitalization programs, the Downtown Redevelopment District, as a

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Technology Disruption of Traditional Markets to Generate Corporate Site Location Opportunities in 2020

Economic disruption will be the prime economic driver this year as major corporate site location projects will follow a new era of technology companies growing beyond their corporate headquarters in a sear for IT talent based upon the analysis of the Montrose Group for what trends are apparent for corporate site location in 2020.  Creation

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South and Southwest to Remain Regional Macroeconomic Growth Winners in 2020

While the United States remains a global economic powerhouse, not all regions of the United States are created equally from an economic development standpoint, and the South and Southwest will remain regional macroeconomic growth leaders this year based upon the analysis of the Montrose Group for what trends are apparent for corporate site location in

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The United States Will Remain a Corporate Site Location Powerhouse in 2020

The United States will remain a corporate site location powerhouse in 2020 ignoring the chaos of a presidential election and continued trade disputes based upon the analysis of the Montrose Group for what trends are apparent for corporate site location in 2020.  Corporate site location projects are more likely in nations and regions with a

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