The Buckeye State continues on a path of economic diversification. Megaproject legislation passed by the state legislature in 2021 enables the state to better compete for large projects, said J.P. Nauseef, president and CEO of Jobs Ohio. Over the past couple of years, Ohio landed notable megaprojects, such as a 2-million-square-foot electric vehicle battery plant in 2022, a $1.5 billion Ford assembly plant, and a $150 million expansion of Medspace’s headquarters facilities in Cincinnati that will create 1,500 jobs. Other companies, including Honda/LG Energy Solutions and Amazon Web Services, have announced groundbreakings or expansions in the past year. The semiconductor industry is one of the fastest growing and most exciting in the state.
Job Creation Tax Credit (JCTC): Offers a refundable and performance-based tax credit calculated as a percentage of created payroll for businesses that create at least 10 jobs in three years with a minimum payroll of $660,000 and that pay at least 150 percent of the federal minimum wage.
Research and Development Investment Loan Fund: Offers loans of up to $5 million to projects engaged in R&D activity. Also offers a dollar-for-dollar, nonrefundable Ohio commercial activity tax credit for principal and interest payments made during the year up to $150,000 during the loan term.
Innovation Ohio Loan Fund: Offers loans of up to $1.5 million, covering up to 75% of construction, technology, facilities and equipment purchases.
jobsohio.com
columbus.gov/development/economic-development
makeitincleveland.org
choosecincy.com
The Buckeye State unveiled two new funds in 2023. The Ohio Early Stage Focus Fund, which will provide capital to professionally managed investment funds with the goal of supporting early-stage technology companies that are woman-owned or minority-owned or based in an area that has been underserved by venture capital. Organizations and private investment firms are eligible for up to $5 million of the more than $36 million available. The Ohio Venture Fund offers investment capital to professionally managed investment funds to support Ohio technology companies with early-stage capital through Series A. Organizations and private investment firms can apply for up to $10 million of the $75 million in available funds.
24 Fortune 500 companies headquartered in state, including:
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
