This year, the U.S. Economic Development Administration (EDA) is celebrating 50 years of partnering with communities throughout the United States to establish a foundation for sustainable job growth and building durable regional economies. As the only federal government agency focused exclusively on domestic economic development priorities, have you given much thought to how the EDA may […]

Based upon concerns that Ohio currently underperforms in many innovation ecosystem components and ranks 39th in the rate of entrepreneurs and 48th in startup creation, the state’s private sector economic development corporation, JobsOhio, is launching a substantial innovation initiative.  The election of Ohio Governor Mike DeWine did not signal the end of previous Governor John

Governor DeWine signs House Bill 2 aiming to train Ohioans for the 21st Century: Workforce development is a pressing economic development need across the nation.  Ohio is working to address this issue in many ways including through the creation of a TechCred program.  Recently, Governor DeWine signed into law House Bill 2, jointly sponsored by

Based upon the input of 300 public comments, the U.S. Treasury Department gave the Opportunity Zone community an early Christmas present with the release of the final Opportunity Zone regulations.  Five clear conclusions can be found in the final 544 pages of Treasury Opportunity Zone regulations but first let’s review high-level changes worthy of note. 

The Ohio Opportunity Zone Tax Credit Program provides an incentive for taxpayers to invest in projects in the 320 federally certified Ohio Opportunity Zones.  Federal Opportunity Zones offer three tax incentives to investors: a temporary tax deferral for capital gains reinvested in an Opportunity Fund– the deferred gain is recognized on the earlier of the

2020 will have ten critical corporate site location trends that will impact economic development across the United States.  The Montrose Group provides corporate site location, economic development planning, project financing and lobbying services to companies and organizations across the United States and annually releases the top ten economic development trends impacting corporate site location.  The

 The Montrose Group is excited to announce Jamie Beier Grant, the Executive Director of the Ottawa County, Ohio Community Improvement Corporation, will join the firm as Manager of Economic and Workforce Development.  The Montrose Group is a Columbus, Ohio based business consulting firm that provides corporate site location, economic development planning, lobbying and project financing

The Ohio Development Services Agency recently launched the $25 M Rural Industrial Park Loan Program (RILP) to promote economic development in eligible rural areas by providing low-interest direct loans to assist public and private sector organizations in financing the development and improvement of industrial parks and related off-site public infrastructure improvements in 35 of Ohio’s

The Ohio Development Services Agency recently launched the $25 M Rural Industrial Park Loan Program to promote economic development in eligible rural areas by providing low-interest direct loans to assist public and private sector organizations in financing the development and improvement of industrial parks and related off-site public infrastructure improvements in 35 of Ohio’s 88

The Ohio Development Services Agency recently launched the $25 M Rural Industrial Park Loan Program (“RIPL”) to promote economic development in eligible rural areas by providing low-interest direct loans to assist public and private sector organizations in financing the development and improvement of industrial parks and related off-site public infrastructure improvements in 35 of Ohio’s