The federal government’s Opportunity Zone program is beginning to gather investments in operating companies in markets across the United States. Opportunity Zones are a federal government program that provides capital gains tax relief for taxpayers who invest in real estate or qualified companies in one of 8700 certified sites in all fifty states and US […]

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Governor Mike DeWine and the Ohio Department of Transportation (ODOT) Director Jack Marchbanks rolled out the renewal of Ohio’s one-stop-shop autonomous vehicle and innovative mobility division, DriveOhio with the signing of an executive order. With the re-issuance of DriveOhio, Governor DeWine and the Ohio Department of Transportation are signaling their commitment to make Ohio a […]

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The Montrose Group released A Rural Development White Paper: A Mandate for Transformation timed in conjunction with a forum held in Circleville, Ohio before 100 economic development, business and community leaders focused on rural economic development. A copy of the white paper can be found at https://montrosegroupllc.com/2019/10/rural-development-whitepaper-a-mandate-for-transformation/. Rural Communities across America face unique challenges and […]

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The state of Ohio Capital Budget Community Project fund, which is expected to provide $150-$170 M in funding for arts, sports, recreation, workforce development, health care, and other economic development projects, has application dates set of January 10, 2020 for members of the Ohio House of Representatives and Ohio Senate to submit their project applications […]

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With the support of Governor Mike Dewine, members of the Ohio General Assembly provide $25 M for the reinstituting of Ohio’s Rural Industrial Park Loan Program.  Local economic development and real estate leaders for years have been calling for the development of additional sites in rural communities.  Ohio’s rural communities have been facing substantial economic […]

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Lt. Governor Jon Husted recently announced the formal launching of TechCred, a program that connects businesses with the talent they need and gives employees the ability to earn industry-recognized, technology-focused credentials, better preparing them for a job in today’s advanced, technology-infused economy.  Through TechCred, businesses can identify the specific qualifications they need and employees they […]

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Ohio’s largest city has a new leader for its Development Department.  Columbus Mayor Andrew J. Ginther announced Chief Innovation Officer Michael Stevens will serve as Interim Director of the Columbus Department of Development pending the departure of current Director Steve Schoeny. Schoeny was named City Manager for the City of Upper Arlington. Michael Stevens, Chief […]

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