News

Silverlode's third economic impact study for University Hospitals quantifies the health system's role as a major economic driver in Ohio. The system's operations and construction activities support an estimated 67,000 jobs and $10.3 billion of economic activity in the state. Almost 45,000 Ohio households are supported by UH.

Silverlode completed its third economic impact report for JumpStart, a Cleveland-based business development service provider. Startups and small businesses that received assistance from JumpStart Inc. and/or its partners generated more than $1.2 billion in economic output in Ohio and western New York in 2020. Nearly $300 million of this output was generated by Black and Latino-led companies.

Ohio’s Site Inventory Program was created in 2016 to fill the gaps in available commercial real estate by identifying developable land and providing funds for environmental studies, infrastructure, and other costs to ready the sites for large-scale developments. This program, which resembles programs in many other states, is designed to meet the needs of companies making rapid location decisions.

JobsOhio recently announced significantly reduced job creation and investment requirements for its Research & Development Center Grant program. These lower requirements represent a tremendous opportunity for companies looking to invest in Ohio.

North Carolina's new Job Retention Grant is available for businesses and non-profits that have experienced economic loss due to the COVID-19 coronavirus pandemic. Recipients may receive grants up to $250,000. Applications are due September 1, 2020.

For more information on this and other COVID-19 related programs, please contact your Silverlode incentives consultant or contact@silverlodeconsulting.com