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Welcome to a new year in the State of Perfect Balance! Once again, Ohio has been recognized as having the best small business climate in the Midwest, due in part to high-tech growth fueled by Ohio Third Frontier. Read more about these accolades in the articles below.
We also invite you to explore our new website as well as the new Enterprise Appalachia microsite and read select regional economic updates from around Ohio.
Catch up on the latest news and find out how you can achieve a state of perfect balance in Ohio.
 Ohio has once again risen above all other Midwest states, this time taking the top spot for its small business climate and entrepreneurship. According to The Small Business & Entrepreneurship (SBE) Council's "Small Business Survival Index 2009," Ohio ranks best in the Midwest and No. 11 nationally for its public policy climate for small businesses and entrepreneurs.
According to the SBE, the "Small Business Survival Index" is the "most comprehensive measure of which states are truly friendly to businesses and entrepreneurs, and which are not in terms of public policy decisions." The factors included in the Index are taxes, various regulatory costs, government spending, property rights, health care and energy costs, and more.
With its comprehensive tax reform, Ohio's corporate state taxes are on track to be the lowest in the Midwest for companies making new capital investments. Projections show that as of 2010 Ohio businesses will have seen a real world impact of up to a 63 percent reduction in tax burdens.
 The Ohio Business Roundtable recently released a new study reporting a 22 percent annual return on investment and supporting renewal of the Ohio Third Frontier, an unprecedented and bipartisan commitment to create new technology-based products, companies, industries and jobs in Ohio. The study, scheduled for presentation to the Ohio Third Frontier Advisory Board and Ohio Third Frontier Commission at a joint December 17 meeting, reports that 50 percent of Ohio Third Frontier investment has already been repaid in sales and income taxes – with the investment forecast to be completely repaid by 2014.
The Ohio Business Roundtable’s study reports that employment growth supported by high-tech business development has created faster technology jobs growth in Ohio—the eighth-fastest pace of growth in the nation—than in nearly any other Midwest state, creating opportunities for Ohioans across all work backgrounds, at double the pay of non-tech sectors. The study reports that Ohio Third Frontier has been responsible since 2005 for adding direct employment of 8,527 Ohioans, and for a total of 48,239 jobs – more than halfway toward the Ohio Third Frontier’s goal of creating 96,000 new jobs for Ohio workers.
Check out the new look and user friendly functions!
The newly-redesigned OBDC website launched in December, featuring expanded news, resources, and critical information for site selectors and business executives. Visit the site and find out how Ohio's assets can support your business – and your life.
On our new site you can:
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January 2010 Newsletter
Appalachian Ohio provides the perfect balance between investment and access to critical resources. With that in mind, OBDC recently launched its Enterprise Appalachia microsite, aimed at providing site selectors with important, strategic information about the region's assets.
Visit the Enterprise Appalachia website today and see what this dynamic region can do for your business. Learn more »
Connect with Us
Staying firmly anchored for nearly four decades has proven successful for Rick Griffith. In Ohio.
Location means a lot to every business, but for Rick Griffith, president of McGinnis Inc., it's everything. As one of the country's leading providers of marine transportation, equipment and repair to the river industry, McGinnis' access to the largest inland river port in the country has kept business afloat in Ohio for the past century. Learn more »
Discover Ohio's perfect balance.
Rob Howlett, Founder and CEO, Circlesprout, Ltd.
Rob left Cleveland seeking professional and personal success only to find that it was most easily attainable in Ohio.
Ellen Minerd and Jane Vitou, Founders, Bootcamp Babes
Ellen Minerd and Jane Vitou believe that there are not many places where they could grow their business as successfully as they have in Cleveland.
Dana Myers, President and Owner, Myers Motors
Myers Motors is the only company in the U.S. producing and delivering affordable highway speed all-electric vehicles. And, they're located right here in Ohio.
Barbara Wayman, Founder, BlueTree Media
Read about the compelling reasons why Barbara Wayman chooses to operate her media business in Ohio.
Jamie McGann, Founder, McGann Media
Learn how McGann Media in Columbus, Ohio is ensuring that media messages capture the attention of consumers in this noisy, advertising-heavy world.
Select Regional Economic Development Updates
Cleveland Plus Blog
Columbus Chamber Media and News Center
Cincinnati USA Partnership – 2010 Economic Outlook
Dayton Development Coalition News
hiVelocity News
Ohio Regions
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