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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.

University of Cincinnati, Ohio University top "best bang for the buck" list

The University of Cincinnati and Ohio University claimed spots one and two, respectively, on a list of 12 top U. S. colleges where students get the "best bang for their buck."

Peruse the entire list here.

Ohio Means Jobs to host free resume and job workshop in Logan

On Thursday, Aug. 29 from 1:30 to 3:30 p.m. at the Hocking Job Services Center, 389 W. Front Street in Logan, Ohio Means Jobs will offer a free workshop designed to help attendees write a powerful and effective resume and create an account on OhioMeansJobs.com.

Click here to register and get more details.

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.

Athens-based Stirling Ultracold wins prestigious international award

Last month, Global Cooling’s Stirling Ultracold SU780U ultra-low temperature freezer, which is manufactured in Athens, Ohio, won the Outstanding New Product Award presented by the International Society for Biological and Environmental Repositories (ISBER) at their annual meeting in Sydney, Australia.

Get 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's Scripps Innovation Challenge Winners Announced

ATHENS, Ohio (April 11, 2013)—Six Ohio University students shared the $10,000 grand prize of the inaugural Scripps Innovation Challenge on April 11 after presenting their idea for a mobile alarm clock app designed to encourage young people to consume news.

Broadcast journalism seniors Devin Bartolotta, Matt Digby, Glenn Janos, Leah Petrovich, Sarah Tranelli and management information systems junior Ryan Vibbert collaborated to design an app that would allow users to receive targeted news on their mobile devices at their desired time of day. Their challenge – to Craft a Strategy to Get More Young People to Consume News – was submitted by Ogden Newspapers.

“It started out as a class project and, as the idea developed, we realized it could be so much more,” said Tranelli. “We felt really confident about our idea and hoped we could come in here and get the judges to believe in it. Our professor, Mary Rogus, was behind us every step of the way, and we thank her.”

The Scripps Innovation Challenge, a campus-wide contest sponsored by the Scripps College of Communication, provided the opportunity for students to innovate creative solutions to actual challenges from the media industry.

Read the full story here.


Middle-market companies from Ohio choose open innovation to achieve competitive advantage

NineSigma, Inc., of Cleveland, the leading innovation partner to organizations worldwide, today announced several new clients they will work with under the Ohio Third Frontier Open Innovation Incentive (OII) Program. As part of the program, NineSigma received a grant from the State of Ohio to help middle market companies, with revenues between $10 million and $1 billion, leverage Open Innovation strategies.

Read the full story here.


Ohio declares STEM education, entrepreneurship economic cornerstones

Johnathan M. Holifield, NorTech’s Vice President of Inclusive Competitiveness affirmed, “This potential game-changer for Ohio is an economic competitiveness imperative.  Ohio must cultivate a larger, more diverse and inclusive STEM pipeline to produce more job-creating entrepreneurs.  This program will accelerate those efforts.”

Read the full story here.


Ohio ranked second in auto parts jobs

Motor vehicle parts manufacturing is the largest source of manufacturing jobs in the United States, according to a study released Monday by the Motor & Equipment Manufacturers Association.

The industry directly employs more than 734,000 American workers and generates nearly $355 billion toward the gross domestic product, 2.3 percent of total U.S. GDP, the report said. The study was conducted with IHS Inc., a provider of analytics.

In Ohio, 89,423 workers are employed in making auto parts, making the state second to only Michigan, which has 102,624 workers directly employed in the industry, according to the association. Indiana was third with nearly 80,000 workers.

“With a presence in all 50 states, this industry is important to the health and success of American manufacturing and to the future of this country,” Bob McKenna, the association’s president and chief executive, said in a press release on the study.

In the Dayton area, companies like DMAX in Moraine, Tenneco in Kettering, Behr Thermal Products in Dayton, Ahresty in Wilmington and many others work for the auto industry, supplying General Motors nationwide or Honda in Ohio, among other original equipment manufacturers.

Read the story here.

 

Ohio science, tech groups target youth innovation

A new scholarship program is being launched to encourage Ohio students to become high-tech inventors and entrepreneurs.

Believe in Ohio will be a youth commercialization and entrepreneurship program offering incentives for achievements in science, technology, engineering and mathematics (STEM).

Read the full story here.

Third Sun Solar featured in Solar Builder Magazine

In 1804, Ohio University became the first university established in Ohio. The ninth oldest public university in the United States, OU set up camp in Athens, Ohio, and the 20,000 students who call it home each year swell the population of the city only to leave once summer arrives.

But not Geoff and Michelle Greenfield. After completing their master’s degrees at OU, the couple decided to make Athens their home. They installed some solar systems on their off-the-grid home in 1997, and the community took notice. People started inquiring about how they did it and if they would help on new projects. What started out as a hobby job grew organically into a small solar business for the Greenfields.

Read the full story here.



Number of new businesses filing with state hits record

A record number of companies and organizations filed to do business in the state of Ohio last year, Secretary of State Jon Husted’s office said.

In all, 88,068 new entities filed to do business last year.

Click here to read the full story.
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