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Dayton tech firm bolsters Air Force ties, raises capital

Dayton-based Van Hoose Associates Inc. is getting some traction with its software product and looking to raise $600,000 for its growth plans. The firm expects to get formal approval this month from the government on its off-the-shelf software product, FlowVU.

Read the whole story here.

The Beavercreek Chamber of Commerce to host Business Expo

The Beavercreek Chamber of Commerce’s annual Business Expo will be held Oct.10 at the Wright State University Nutter Center from 5 to 7 p.m. This free event is open to the public, although exhibitors must pay a fee. The chamber anticipates about 500 attendees and more than 60 businesses to participate.

More information and registration details are available here.


UD Business Plan Competition to award nearly $190,000 in cash prizes and other support

The University of Dayton Business Plan Competition boasts nearly $190,000 in cash prizes and other support and is open to anyone in the Miami Valley region. The submission deadline is October 12.

Get all the details and significant dates here.

A special thanks to the TECDayton newsletter for putting this item in our editor's inbox.

New projects to create 591 Ohio jobs

Governor Kasich today announced the approval of assistance for nine projects set to create more than 591 jobs and retain 943 jobs statewide. During the Ohio Tax Credit Authority’s monthly meeting, it reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Together the projects are expected to result in more than $29 million in new payroll and $40 million in investment across Ohio.
 

Get a list of the projects approved here.

Dayton airport lands $4.2m federal grant

The Dayton International Airport is getting a $4.2 million boost from the Federal Aviation Administration for improvements. The FAA announced this week it awarded the grant for construction work at the airport.

Get the whole story here.

Dayton-based CareSource to hire 260

Dayton-based CareSource says it will hire about 260 people over the next several months. A spokesperson for the downtown company confirmed it projects to add the jobs incrementally by Dec. 31, increasing the number of people employed there from 1,527 to 1,787.

Get the whole story here.

Honda to pump $215m into Ohio operations

Honda Motor Co. is upping its recent Ohio investments by another $215 million.

The automaker recently announced another round of upgrades and new construction at facilities in the state, including the addition of new powertrain technology and a technical training center at the Anna Engine Plant and a new 160,000-square-foot building in Marysville that will be home to new office space for Honda North America Services LLC, a new entity housing some jobs and functions relocating from California. It will have about 500 employees, Honda said.

Get the whole story here.

Procter & Gamble eyes Dayton for massive distribution center

Procter & Gamble is eying the Dayton region for a new 2 million-square-foot distribution facility and may have selected a location. Multiple sources have confirmed that the consumer goods giant from Cincinnati has been talking to developers around the area recently about the project.

Get the full story here.

Springboro manufacturer launches new tablet

An Ohio manufacturer looks to drive a revolution in the health care television market.

Springboro-based PDI Communication Systems Inc., which has about 110 employees, started production in the last week of a tablet-like Android-based bedside television for that industry. Also known as the PDI-TAB, it is being billed as the only 14” bedside healthcare-grade HD television of its kind on the market.

Get the whole story here.

Ohio firms reel in $94m in venture capital for 2013's second quarter

Venture capital investing in Ohio was up in the second quarter, even as numbers dipped nationally, according to a new report.

Nationally, $6.7 billion went to 913 deals. That’s down from $7.3 billion and 970 deals in the same quarter a year ago, according to the PwC/NVCA MoneyTree Report, which is based on data from Thomson Reuters. In Ohio, 20 deals accounted for $94 million of investment, up from 17 deals and $52 million a year earlier.

Get the full story here.

Stratacache buys two buildings in Dayton suburb, plans to hire up to 100 new employees

Stratacache, a provider of digital merchandising products and services, said earlier this week that it has purchased twin office buildings on Poe Avenue in Vandalia to serve as its expanding operations, support and sales centers. The company also said it anticipates hiring up to 100 new employees over the next three years to work in the buildings.

Get the whole story here.

Officials push for Xenia unmanned aerial systems development

Officials say now is the time for developing a Xenia greenfield site into a 163.5-acre hub for civilian unmanned aerial systems development.

About 50 officials convened in a cornfield just south of Xenia Friday morning, and spoke of the potential civilian uses for UAS and UAV technology, notably for precision agriculture monitoring, geospatial and emergency responders. Officials from the city, county, and a number of Dayton businesses and organizations agreed that the potential could be huge.

Read the whole story here.

ODSA accepting applications for IMAGE grant

The Ohio International Market Access Grant for Exporters (IMAGE) program is now accepting applications. All activities must be pre-approved in advance and executed no later than September 30, 2013.

IMAGE is a 50 percent reimbursement program designed to offset the costs associated with certain exporting initiatives. IMAGE is funded by the State of Ohio and the United States Small Business Administration as part of the National Export Initiative to double U.S. exports by 2015. The purpose of IMAGE is to increase exports and create jobs in Ohio by helping small businesses expand into new international markets.

Click here for more information.

Entrepreneurial boom expected in Ohio as a result of health care reform, study finds

Ohio could add as many as 67,000 new entrepreneurs as a result of the federal government subsidies made available to aspiring business owners through the Affordable Care Act, according to a new report from the Urban Institute.

Get the whole story here.

Ohio to showcase aerospace products and services at Paris Air Show

Ohio will be represented in the 50th International Paris Air Show from June 17 to 23 by a delegation of aerospace manufacturers, universities, and aerospace advocacy organizations, as organized by The Ohio Aerospace & Aviation Council and JobsOhio. The State of Ohio’s booth will showcase the products and services of Precision Alloy Services, The Ohio State University, Renegade Materials, Maverick Corporation, SIFCO Industries, Inc., Tesla NanoCoatings Inc. and The University of Akron.

Read all about the 2013 Paris Show here.

 
 
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