JumpStart said in its yearly economic impact report that Northern Ohio companies assisted by the organization and its partners generated more than $1.2 billion in economic output in 2021. The report, prepared by Silverlode Consulting, also showed those companies created or maintained 10,874 jobs.
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Team NEO, JobsOhio team up to make industrial real estate development easier
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The Cuyahoga Valley Industrial Center is located in Cleveland. The 59-acre parcel is part of the Ohio Site Inventory Program.
Businesses looking to move headquarters or expand operations have shortened their timelines, taking advantage of the massive amounts of online data to research, vet and narrow down possible locations before economic development groups like Team NEO are brought into the decisionmaking process.
Previously, Team NEO the Northeast Ohio arm of a network of business development organizations funded by JobsOhio and similar organizations would be the first call for a company looking to expand or relocate to the region, but things have changed.