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Ohio's Competitiveness – 2020 - Key Issues Impacting Economic Development (JobsOhio)

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JobsOhio report titled Ohio's Competitiveness – 2020, Key Issues Impacting Economic Development. It says JobsOhio has been Ohio's privatized economic and business development organization since 2011, with funding supported by the 2013 purchase of Ohio's spirituous liquor enterprise by the JobsOhio Beverage System. It states that Ohio law requires JobsOhio to prepare each year, for leaders of the Ohio General Assembly and the Governor, an analysis of statutory or administrative barriers to economic development. A section on Ohio's Spirituous Liquor Enterprise describes Ohio Liquor as a partnership between the Ohio Division of Liquor Control and the JobsOhio Beverage System. The report also lists issues including embracing inclusion and public safety.

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“Ohio's Competitiveness – 2020 - Key Issues Impacting Economic Development (JobsOhio).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-03-10-econ-workforce-dev-submission-ohio-scompetitiveness-2020-8f3b1d42a2/, SHA-256 26fc51a6b341388c91d4005e4e1bd0a92cfcd049a48df75867aab42ca7c0accc.

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Ohio’s Competitiveness – 2020


Key Issues Impacting
Economic Development
About JobsOhio                                                                                         Partnership
JobsOhio has been Ohio’s privatized economic and business development organization                    Continued partnership between JobsOhio, the State of Ohio,
since 2011. This shift from a state agency to a privatized economic development model was             and our partners
enhanced by the purchase of Ohio’s spirituous liquor enterprise in 2013 by the JobsOhio               Ohio’s unique economic development model, JobsOhio, consists of an industry experienced
Beverage System. This provides JobsOhio with long-term, stable and substantial funding to             team, a private structure with stable, long-term funding through the JobsOhio Beverage
support economic development initiatives on behalf of Ohio. Additionally, state government            System, and statewide coverage through the JobsOhio Regional Network.
leaders have enacted pro-growth policies that have facilitated the creation of new jobs and
an improved, more resilient business climate in Ohio.

Results Since Inception (2011)




     210K+                   590K                    $64B                    $10B
     New Jobs             Jobs Retained        Capital Investment          New Payroll




The COVID-19 health and economic crisis has presented Ohio with many challenges –
but also, a Generational Opportunity.
                                                                                                      Ohio is recognized for our innovative economic development model –
Ohio law requires JobsOhio to annually prepare and submit to leaders of the Ohio                      JobsOhio wants the State and our citizens to be proud of our collective work.
General Assembly and the Governor “an analysis of any statutory or administrative

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barriers to successful economic development, business recruitment, and job growth in                  Site Selection’s                  Total Projects                      Overall in the
the state identified by JobsOhio during the preceding year.” O.R.C. 187.03(F)(5).                     2020 Governor’s                   Per Capita                          Governor’s Cup
                                                                                                      Cup Rankings
Ohio’s Competitiveness – 2020 will deliver this analysis
in a truly unprecedented year – and together, we can lead                                             Ohio’s model will allow significant investment in economic development, during a time in
Ohio’s resurgence.                                                                                    which many other states have to pause or scale back on their economic development
                                                                                                      initiatives – JobsOhio will be central to the state’s economic recovery, and we thank State
                                                                                                      of Ohio leaders for their continued support.



   About JobsOhio      JOBS OHLQ       Inclusive Economic Development      Innovation     Workforce      Infrastructure   Business Climate      Quality of Life
About Ohio’s Spirituous Liquor Enterprise
Ohio Liquor is a partnership between the Ohio Division
of Liquor Control and JobsOhio Beverage System (JOBS).
JOBS owns the spirituous liquor product (liquor            Ohio Liquor constantly strives to innovate
containing more than 21 percent alcohol by volume)
in Ohio for retail and wholesale sales. The division
                                                           • The strategic public-private partnership, OHLQ, stands out nationwide and allows for
                                                             innovative programs
                                                                                                                                                                                                                     >12%
                                                                                                                                                                                                                      PROJECTED
manages wholesale and retail operations for the sale                                                                                                                                                                 YOY GROWTH
of spirituous liquor in Ohio. OHLQ Locations are private     - Examples of this from 2020 include the liquor buy back and liquor rebate programs
                                                                                                                                                                                                $1,43B
businesses which own and operate retail outlets and        • OHLQ has and will continue to focus on “Social Responsibility” initiatives                                        $1,278B
sell spirituous liquor products on consignment.                                                                                                                 $1,187B
                                                           • Becoming an early implementer among nationwide control states of e-commerce
Profits from spirituous liquor provide dedicated funding     with delivery of spirituous liquor (HB674, 133rd General Assembly) will give Ohio a
for JobsOhio’s economic development efforts.                 strategic advantage
                                                           Ohio’s model can allow significant investment in economic development, during
Funding in a Bottle                                        a time in which many other states have to pause or scale back on their economic                     478 AGENCIES   482 AGENCIES    487 AGENCIES            490 AGENCIES
                                                           development initiatives – JobsOhio will be central to the state’s economic
                                                           recovery, and we thank State of Ohio leaders for their continued support.


                                                           COVID Response programs                                 Nationwide Recognition                                        DEMAND
                                                                                                                                                                                              WHOLESALE
                                                                                                                                                                                             CLOUD LAUNCH
                                                                                                                                                                                                                      OHLQ.COM
                                                                                                                                                                                                                       LAUNCH
                                                                                                                                                               OHLQ BRAND       PLANNING
                                                                                                                                                                CREATION



                                                                                                                                                                                              JOBS BONDS
                                                                                                                                                                                              REFINANCED
                                                               Liquor buy back
                                                                                                                                                                                              (S&P ratings upgrade
                                                                                         Liquor rebate                                                                                          from AA to AA+)


                                                               900+ businesses         12,503 businesses
                                                                 15,600 jobs               250K jobs




   About JobsOhio      JOBS OHLQ        Inclusive Economic Development    Innovation     Workforce     Infrastructure   Business Climate     Quality of Life
                                                                   Key Issues
                                                              Inclusive Economic Development
                                         Innovation, Entrepreneurship, and Early-Stage Capital
                                                    Workforce and In-Demand Talent Pipeline
                                                              Growth-Friendly Infrastructure
                                                               Business Climate and Taxation
                                                                            Quality of Life




About JobsOhio   JOBS OHLQ   Inclusive Economic Development    Innovation   Workforce   Infrastructure   Business Climate   Quality of Life
                 Inclusive Economic Development




About JobsOhio   JOBS OHLQ   Inclusive Economic Development Innovation   Workforce   Infrastructure   Business Climate   Quality of Life
Inclusive Economic Development and Growth
Ohio’s economic rebound from 2011-2019 never reached all
regions or all populations of Ohioans equitably. The COVID-19                                           How can Ohio drive Inclusive Economic Development and Growth?
health and economic crisis also disproportionately impacted                                             • Ohio should continue to support programs that will assist distressed geographies and
distressed communities and underrepresented populations.                                                  underrepresented populations and ensure that all voices are being heard and all solutions are
                                                                                                          brought to the table and considered
JobsOhio’s effort to support Inclusive Economic Development and Growth:
• Beginning in mid-2019, JobsOhio set out on an Inclusive Economic Development and                      • Broadband – access to affordable high speed broadband internet connectivity is vital for
  Growth Initiative including JobsOhio Inclusion Grants, designed to support eligible projects            participation in the modern economy
  in distressed communities and/or businesses owned by underrepresented populations                     • Supporting resources for rural development – Ohio can support the Rural Industrial Park Loan
• Broadband – JobsOhio is committed to working with BroadbandOhio and all stakeholders                    Fund and other programs that spur rural development
  to address expanding broadband access to all Ohioans                                                  • Embracing inclusion– Gov. DeWine has protected state employees from discrimination based
• JobsOhio’s support for ELITE USA programming with the southeast Ohio region,                            on sexual orientation or gender identity – these types of policies signal that Ohio is open to
  Stark County Minority Business Association, Youngstown, amoung others                                   business for all who want to call Ohio home
                                                                                                        • Exploring opportunities to increase minority banking and financial resources within the state

JobsOhio Inclusion Grants
(JOIG) in 2020 featured:
                                                                                                        SpaceX Starlink broadband pilot
57 projects                                                                                             1st in the Midwest, SpaceX’s Starlink uses a
$25M Total Investment                                                                                   constellation of low Earth orbit satellites to deliver high
                                                                                                        speed internet to locations where access has been
319 new jobs ($12.3M in payroll)
                                                                                                        unreliable, expensive, or completely unavailable.
920 retained jobs ($32.9M in payroll)

                                                                                                        12-month        Allen Township             90 households and
                                                                                                        program         in Union County            10 small businesses




   About JobsOhio      JOBS OHLQ        Inclusive Economic Development Innovation           Workforce      Infrastructure   Business Climate     Quality of Life
                       Innovation, Entrepreneurship,
                          and Early-Stage Capital



About JobsOhio   JOBS OHLQ   Inclusive Economic Development   Innovation   Workforce   Infrastructure   Business Climate   Quality of Life
                                                                                                                                                             Rendering of Cincinnati Innovation District


Innovation, Entrepreneurship, and
Early Stage Capital
Job growth in America has been highly concentrated in the technology and healthcare
sectors; additionally, small companies are the primary driver of net job creation.

JobsOhio is making investment’s in Ohio’s innovation ecosystem:
• JobsOhio is investing in Innovation Districts that will create jobs, produce a high volume of STEM
  talent, increase Ohio research and development, and have significant economic impact
• JobsOhio established an Innovation Fund to provide convertible loans to small, innovative, early
  stage Ohio businesses
• JobsOhio has a Research and Development Grant Program


Ohio can innovate by:
• Supporting JobsOhio’s creative approach to growing the innovation economy – to lead innovation
  in the Midwest and across America, we will need to accept risk
• Supporting Ohio’s signature Entrepreneurial Services Providers Program
• Determining the long-term role and funding for Ohio Third Frontier and establishing new resources
  to incentivize research, development, and innovation
• Allowing for flexibility within Ohio’s regulatory framework – an example would be the concept of a
  “Regulatory Sandbox” for financial and insurance-related innovations
                                                                                                                   Ohio Innovation Districts: Cincinnati, Cleveland, Columbus
• Continuing to improve Ohio’s tax policy – improving Ohio’s state income and capital gains taxing-
  structure, and creating incentives for venture-capital investment, will make Ohio more competitive




Ohio saw $1.5B in venture capital investment in 2020,                                                                     3X
                                                                                                                        STEM degree
                                                                                                                                                    60KNew Jobs
                                                                                                                                                                                   $9B
                                                                                                                                                                                 Announced Capital
higher than every year on record (since 2006)                                                                              output                                                 Investment over
                                                                                                                                                                                      10 years



   About JobsOhio      JOBS OHLQ        Inclusive Economic Development       Innovation    Workforce   Infrastructure   Business Climate   Quality of Life
                             Workforce and In-Demand
                                  Talent Pipeline



About JobsOhio   JOBS OHLQ   Inclusive Economic Development   Innovation   Workforce   Infrastructure   Business Climate   Quality of Life
Workforce and In-Demand Talent Pipeline                                                                                            SUCCESS STORY — Lois Brown


Skilled labor and access to a diverse workforce continues to be a
top driver of companies’ investment decisions and COVID-19 has
created a pool of displaced talent.
JobsOhio is supporting Ohio’s workforce development system and investing in innovative Talent solutions.
• JobsOhio continues to offer incentives, such as the JobsOhio Workforce Grant, and services, such as Talent
  Acquisition Services, to help companies meet their talent needs on a project-by-project basis
                                                                                                                                                Click here to play video in browser »
• JobsOhio has launched aggressive marketing campaigns, such as Ohio is for Leaders and Find Your Ohio to
  attract talent and industry to Ohio
• In 2020, JobsOhio launched the “Ohio To Work” pilot program in Cleveland-Cuyahoga County
                                                                                                                                    We have been able to attract more
Ohio can lead talent and workforce outcomes by:
• Supporting K-12 and higher education in the state by ensuring appropriate funding and accurately                                  diverse candidates through OTW.
  reporting the performance of Ohio institutions
• Protecting, strengthening, or restoring key state workforce programs, such as TechCred                                            And assessment scores of accepted
• Exploring opportunities to incentivize the retention of Ohio higher education talent and the attraction
  of highly skilled, in-demand talent to Ohio
                                                                                                                                    candidates beat our regular process!
                                                                                                                                    - Tech Elevator
• Additional support for tech-education throughout K-12, industry credentialing, and a general
  acceptance that Ohio offers multiple pathways to a fulfilling career



2020 Pilot program results


     5,094                             81                         368                       83,530
  Job Seekers Served           Enrolled in Reskilling         Placed into Jobs              Job Seekers reached
                                                                                                167% to goal




   About JobsOhio       JOBS OHLQ        Inclusive Economic Development        Innovation     Workforce     Infrastructure   Business Climate     Quality of Life
                       Growth-Friendly Infrastructure




About JobsOhio   JOBS OHLQ   Inclusive Economic Development   Innovation   Workforce   Infrastructure   Business Climate   Quality of Life
Infrastructure: Sites, Broadband and Air Service
Ohio has a unique blend of people, geography, and industry — however, when Ohio
loses a competitive economic development opportunity, it is often because we lack
a site with the appropriate infrastructure.

• 2020 marked JobsOhio’s most aggressive year ever in               Ohio has prioritized site and infrastructure development and
  terms of investment into Ohio’s portfolio of sites and
  buildings that are ready to win competitive investment.
• JobsOhio continues to support the marquee SiteOhio program
                                                                    should continue to do so.
                                                                    • Broadband – access to affordable high speed broadband internet
                                                                      connectivity is vital for participation in the modern economy;
                                                                                                                                                               $844M
                                                                                                                                                               Announced Capital
• The Ohio Site Inventory Program (OSIP) is a $250mm grant               - BroadbandOhio is a significant platform for the state and                              Investment
  and loan program that will make investment in speculative site           additional investment in this area is critical
  development over the next five years                              • Supporting resources for rural development – Ohio can support
  - Due to the unique hurdles of the region, JobsOhio has also        the Rural Industrial Park Loan Fund and other programs that spur
    invested heavily in the “JobsOhio-OHSE Site Due Diligence         rural development


                                                                                                                                                                1500
    initiative” in Appalachia                                       • Ohio could support and augment JobsOhio’s air service initiatives
• JobsOhio created an Air Service Restoration Grant program –         by creating additional resources for air service attraction and
  as Ohio recovers from the health crisis, this new program will      retention – and investing in Ohio’s commercial airports and                                  New Jobs
  help Ohio lead in air service opportunities                         incentivizing private investment into them
• JobsOhio’s Inclusive Growth Strategy: Project Planning            • Continued support for public roadways, public infrastructure,
  and Vibrancy, helps communities plan for growth and make            and transportation systems will play a pivotal role in Ohio’s
  significant investment in catalytic development projects            continued growth
• Broadband – JobsOhio is committed to working with                 • Leveraging state-owned land or assisting communities in
  BroadbandOhio and all stakeholders to address the digital
  divide in Ohio
                                                                      providing free or low-cost land for economic development
                                                                      opportunities may also lead to increased competitiveness and
                                                                      could coordinate well with JobsOhio site development strategies
                                                                                                                                                                    21
                                                                                                                                                               Sites Authenticated




   About JobsOhio      JOBS OHLQ        Inclusive Economic Development      Innovation     Workforce     Infrastructure   Business Climate   Quality of Life
Infrastructure: Energy
Access to a sustainable, competitively priced energy supply is helping Ohio compete as the ideal
location for domestic and international capital investment from energy-intensive industries.

JobsOhio works to ensure that the energy needs of Ohio’s                    Certainty and predictability are key – current and future investment depends on a reliable energy policy and
companies and prospective job creators are met.                             pro-business-oriented leadership within key state entities and organizations.
• JobsOhio will continue to pursue opportunities to attract energy          • State leaders should continue to promote that Ohio is open and accepting of capital investment from across the globe
  industry investment in Ohio and strategically bolster the state’s         • Ohio has the opportunity to embrace partnership with other states on key energy infrastructure issues that impact
  access to energy assets and infrastructure, as well as market them to       interstate commerce – such as the Enbridge Line Five
  companies looking to invest
                                                                            • Ohio possesses one of the lowest-cost, most abundant supplies of natural gas in the developed world, yet many areas
  - The Risberg Pipeline is a case study of successful energy                 of the state lack the necessary infrastructure to access the resources and face detrimental capacity shortages – Ohio
    infrastructure investment that has led to economic development            can address this by investing in the tools necessary to build out this infrastructure
    opportunities
                                                                            • Programs such as the natural gas infrastructure development rider created in HB26 (132nd General Assembly) have
                                                                              proven beneficial – state government leaders can explore replicating this program for electric utilities
 Risberg Pipeline
                                                                            • Regionalization of key infrastructure can result in increased capacity, coverage, and ultimately more job creation and
                                                                              capital investment




    About JobsOhio     JOBS OHLQ        Inclusive Economic Development    Innovation   Workforce     Infrastructure    Business Climate     Quality of Life
                                                 Business Climate
                                                   and Taxation



About JobsOhio   JOBS OHLQ   Inclusive Economic Development   Innovation   Workforce   Infrastructure   Business Climate   Quality of Life
Business Climate and Taxation
Pro-growth policies enacted at the state-level over the past decade have improved Ohio’s competitiveness —
and our business climate and tax policy will continue to play a major role in economic development outcomes.

JobsOhio’s economic development programs ultimately complement Ohio’s                    Ohio has taken significant steps in making the state more competitive — and we can keep improving.
overall business climate and tax policy– incentives are meant to fill gaps in
competitive projects, and strategic talent, sites and infrastructure, innovation         • Continuing to reduce burdensome government                 • Ohio can explore opportunities to add additional
initiatives prepare Ohio for future investment.                                            regulation and finding ways to provide regulatory            tools to attract “Mega Projects” – projects with
                                                                                           flexibility in the quest for innovation, such as the         significant job creation and/or capital investment
• A strategic relationship where state government leaders continue to establish            concept of a “regulatory sandbox” for financial or
  pro-growth and business friendly policies, while JobsOhio and key partners offer                                                                    • As the COVID-19 health and economic crisis
                                                                                           insurance-related innovation                                 accelerates the trend towards remote work, Ohio’s
  competitive programs to attract jobs and investment, is key to success for Ohio
                                                                                         • Key state tax policy areas include:                          economic and workforce development incentives
• JobsOhio is marketing the business-friendliness of Ohio through Ohio is for Leaders                                                                   should be cognizant of this trend and fit the
                                                                                           - Continuing to make Ohio’s state income and
                                                                                             capital gains taxing-structures more competitive           demand of the constantly evolving workspace
Boston                       NYC                         Seattle
                                                                                           - Protecting the small business tax exemption              • State leaders can explore policies that will
                                                                                           - Creating incentives for venture-capital investment         empower Ohio to lead the region and the nation in
                                                                                         • Local tax policy can significantly impact competitive        reshoring of PPE production and other
                                                                                           economic development projects – Ohio should seek           • Renewable energy continues to be a key issue
                                                                                           a balance where local governments have access to             for companies of all sizes, across all sectors, and
                                                                                           adequate resources, while ensuring that Ohio’s local         Ohio’s energy policy should match the needs and
                                                                                           taxing system is competitive                                 desires of these job creators
Chicago                      LA                           SF
                                                                                         • Employers and consultants have also reported               • As exemplified in the Mahoning Valley, Ohio can
                                                                                           using labor policy as a reason to consider or reject         grab a leadership position nationwide in the future
                                                                                           locations at an early stage during national site             of the automotive industry – Ohio should explore
                                                                                           selection projects, especially within the automotive         strategies to lead the nation in the manufacturing
                                                                                           and advanced manufacturing sectors                           of electrified vehicles and the lithium-ion battery
                                                                                                                                                        production supply chain, as well as the consumer
                                                                                                                                                        adoption of electrified vehicles




   About JobsOhio      JOBS OHLQ        Inclusive Economic Development      Innovation    Workforce      Infrastructure    Business Climate       Quality of Life
                                                         Quality of Life




About JobsOhio   JOBS OHLQ   Inclusive Economic Development   Innovation   Workforce   Infrastructure   Business Climate   Quality of Life
Quality of Life
Quality of life and community assets can be a determining factor as companies make investment decisions.

JobsOhio programs and strategies can play a significant role in increasing the
quality of life in Ohio – most directly, through winning competitive economic
development opportunities that create career opportunities for all Ohioans.
• JobsOhio markets Ohio’s overall quality of life; Find Your Ohio is an example of this
• Wages and benefits weigh heavily into JobsOhio incentive offers to economic
  development opportunities
• JobsOhio’s Vibrancy and Innovation Programs focus on placemaking and
  developing areas within the state where citizens can live, work, and play


Now, more than ever, quality of life and trust in government leadership are
critical for Ohio to be recognized as best place to live, work, invest and live
YOUR American Dream.
• So many things go into Ohio’s quality of life – education, the arts, diversity, equity
  and inclusion, parks and recreation, access to transportation, housing, and quality
  healthcare all factor into the equation
• State government leaders recognize that policy changes or deliberations can attract
  national headlines and impact Ohio’s overall brand and competitiveness
• Embracing inclusion – Gov. DeWine has protected state employees from
  discrimination based on sexual orientation or gender identity – these types of
  policies signal that Ohio is open to business for all who want to call Ohio home
• Public Safety – continued investment in public safety will make Ohio more attractive




   About JobsOhio       JOBS OHLQ         Inclusive Economic Development        Innovation   Workforce   Infrastructure   Business Climate   Quality of Life


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