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Business Climate

Ohio: The New Destination for Companies and Professionals from the Coasts

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For a long time, larger cities on the coasts were seen as the places to be for personal and professional success. But the COVID-19 pandemic influenced a lot of businesses and people from the East and West coast metropolitan areas to look for more cost-effective options that offer a better quality of life. They’re finding this in Ohio.

Ohio’s Tax Policy Promotes a Positive Business Climate

Low or no taxes in strategic areas key to growth of Ohio’s businesses
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Time and again Ohio is listed near the top of business-friendly states by key publications, which is why the Tax Foundation’s relatively low ranking for Ohio for 2021 stands out in stark contrast. By taking a closer look at the criteria and the weighted factors in the Tax Foundation’s methodology, some light is shed on the potential flaws in their analysis.

Ohio’s Tax Policy Delivers Results

No tax on five key areas keeps businesses growing
Matt Waldo, senior manager of research and analysis, JobsOhio
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Ohio’s tax policy is about results, not philosophies and Ohio has made great strides in creating a pro-business climate and tax structure.

Ohio’s Stock is Rising in the Business Community

Ohio’s Stock is Rising in the Business Community

Ohio continues to climb in several annual state business rankings
Matt Waldo, director of research, JobsOhio
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Rankings continue to support why Ohio is a great state for business. While there are different and varied factors that contribute to each ranking, there are consistencies that support why Ohio is higher on lists than it has been in previous years. Matt Waldo explores the areas where Ohio has improved as well as where Ohio’s opportunities remain.

Ohio: Getting to the Heart of Economic Development

Ohio: Getting to the Heart of Economic Development

Amazon’s latest expansion in Ohio highlights the unique mix of assets that continue to draw global businesses to the state
Dana A. Saucier, vice president & head of economic development, JobsOhio
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Ohio’s unique set of assets help it stand out when companies seek to relocate or expand in the state.

Ohio’s Tax Policy About Results, Not Philosophies

Doing what actually works, not what is assumed to work
Matt Waldo, senior manager of research and analysis, JobsOhio
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Venture Capital Firms Invested in Ohio at Record Levels in 2018

Venture Capital Firms Invested in Ohio at Record Levels in 2018

Ohio leads the Midwest in attracting growth capital
Matt Waldo, senior manager of research and analysis
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Since the early 2000s, a significant shift has occurred in pulling VC funding away from the West Coast. Where is the funding going? It’s heading to the Midwest, and Ohio is leading the way. Ohio is earning national attention for its thriving and continuously growing startup environment.

JobsOhio’s Five-Year Aspirations

Independent performance assessment guides JobsOhio strategy
Andrew Deye, managing director, JobsOhio
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JobsOhio leverages the findings of the McKinsey & Company independent performance assessment to set goals. By employing sound strategies and taking smart, calculated risks, JobsOhio and its economic development partners across the state are striving to better serve companies and Ohio.

Building the Future Economy of Ohio and Evolving Along the Way

Building the Future Economy of Ohio and Evolving Along the Way

Every project is a potential win or learning opportunity, and Ohio had both in 2018
Dana Saucier, vice president & head of economic development, JobsOhio
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Each year, JobsOhio takes the time to reflect on its current performance in order to build future capability. In 2018, JobsOhio had its best year yet for performance. JobsOhio had many wins and opportunities made for Ohio. Yet it also had some losses and learned from them.