News

Crowdfunding Legislation Supported by GCP Clears One More Hurdle

House Bill 10 (HB 10) – a bill that would permit intrastate equity crowdfunding under certain circumstances – has moved one step further along in the state legislative process.  GCP and our partners have long been in favor of expanding access to early stage capital and our members are appreciative of the legislature’s desire to implement creative financing and programming in Ohio.  

The GCP presented formal, written testimony in support of HB 10.  The bill passed the Ohio House of Representatives last summer.  On April 18, it was unanimously approved by the Ohio Senate Transportation, Commerce, and Workforce Committee. 

Learn more.


Repurposed Standard Building Holds Grand Opening

Cleveland’s historic Standard Building, located at 1370 Ontario St., held its grand opening on Wednesday, April 11, beginning its new life as a mixed-use residential and retail building.

Now home to 285 apartments  and complimentary first floor retail, the Standard Building was the second tallest building in Cleveland when it opened in 1925. 

Learn more about the building.

CDA Investor Report Released

The Cleveland Development Advisors (CDA) has proven itself to be one of the nation's most successful community development associations. In 2017, CDA deployed $56 million in financing to 13 impactful projects that represent $446 million in development.

Read the report.

GCP Priorities Supported in FY 2018 Omnibus Bill

Congress recently passed the FY 2018 spending package that included support for many GCP federal policy issues, including:
• Continued funding for the Great Lakes Restoration Initiative at $300 million to support the five lake basin.
• $1.5 billion to support the Transportation Investment Generating Economic Recovery (TIGER) grant program that provides critical discretionary funding for road, transit and maritime projects – this is triple the amount of funding from the prior year. 
• More than $2.6 billion for the Capital Investment Grants program in addition to directed language for the Administration to continue the program as Congress intended.

Learn more.


GCP Recommended Projects Funded in State Capital Bill

The General Assembly unveiled the 2018 state capital bill last week. Companion bills – HB 529 and SB 266 – were released in the Ohio House and Senate Finance Committees. 

The total bill provides $2.63 billion for capital bill appropriations and roughly $150 million for community projects. Cuyahoga County projects received more than $20 million in funding with more than half of that funding going to projects recommended by GCP. Most notably, $2.5 million was secured to continue efforts to stabilize Irishtown Bend, the hillside along the Cuyahoga River.

Learn more.

2017 Business Development 4th Quarter Update

Northeast Ohio continued to see substantial business and real estate investment in 2017, and GCP and its numerous economic development partners played a significant role in the many expansion and attraction efforts throughout the region. 

The GCP Business Development Team served as a critical partner in 52 business expansion and attraction projects in Cuyahoga County during the year that will result in nearly 7,000 new jobs and over a billion dollars in capital investment.

Read the full report.

2019 Federal Budget Priorities

With the expected release of the Fiscal Year 2019 federal budget today, Marty McGann, GCP’s Senior Vice President of Advocacy, along with Alesha Washington, Vice President of Government Advocacy, sat down to discuss several priorities that the organization will be monitoring in throughout the budget process. 

GCP Member Companies Support Non-Discrimination Bill

This week, GCP along with several member companies and other chambers of commerce testified in support of HB 160 – the Ohio Fairness Act. If passed, the legislation would add gender identity and sexual orientation to the list of protected classes in Ohio’s Civil Rights law. Support for HB 160 follows GCP’s recent endorsement of Ohio Business Competes, a coalition of more than 300 companies that supports statewide non-discrimination policies for the lesbian, gay, bisexual, transgender and queer community. 

Learn more.

Events

GCP Webinar: Learn More About How IT Apprenticeships Can Be a Solution to Your Talent Challenges

Apprenti, a program of the Washington Technology Industry Association (WTIA), has developed a talent pipeline model designed to bridge the talent gap and help meet the demands of the tech industry’s growing workforce needs through IT apprenticeships. Apprenti combines paid on-the-job training and education, for placement in a high-skill occupation with local employers. Northeast Ohio has been identified as a possible location for the Apprenti model to be implemented. As an employer, we invite you to learn more about Apprenti and whether your organization would be interested in this model, by participating in an informational webinar on Monday, May 7th from 12 to 1 p.m.


Morning Conversation with Attorney General Candidate Steve Dettelbach

Dettlebach HeadshotGreater Cleveland Partnership Members are invited to a Morning Conversation with Attorney General Candidate Steve Dettlebach

Steve Dettelbach has spent his career working to make our families safer and to hold the powerful accountable. As a prosecutor for more than two decades, Steve never lost a federal criminal trial. He worked with law enforcement to prosecute terrorists, drug dealers, corrupt politicians, polluters, and corporations that preyed on Ohio consumers. At the Department of Justice, Steve led one of the nation’s largest crackdowns on human trafficking and stood up for the rights of every person. Click to Register.

The GCP Morning Conversation series is sponsored by:




Register now for the Annual Meeting

The GCP Annual Meeting is the Greater Cleveland business community’s premier event with an attendance of more than 1,000 business and civic leaders. The program will include: 
  • A review of our impact over the past year and an update of our current priorities;
  • An update of our strategic plan and an overview of where we will focus our efforts and resources over the next three years; 
  • Recognition of the outgoing GCP board chairman, Rick Chiricosta, and announcement of the new chairman; 
  • Acknowledgement of business leaders who are helping to advance the priorities of the GCP.
More information to be announced. 

Breakfast with Ascent Global Logistics

Join us and Ascent Global Logistics (formerly known to GCP Members as Group Transportation Services) to connect with top logistics industry leaders, gain new perspectives on the top industry issues and how to maximize your resources throughout all your shipping activities.

Member C-Suite Golf Outing

The Greater Cleveland Partnership will host their annual Member Golf Outing at Kirtland Country Club for C-suite executives and their direct reports on Monday July 23, 2018. Invitations to register your foursome will be mailed soon.


For more information, please contact Reagan Leatherman at events@gcpartnership.com or 216.592.2390

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