Unemployment tax relief on the horizon for employers

Several years ago, Ohio’s unemployment rate increased and the state’s unemployment fund was ill-prepared to cover the costs. The federal government subsequently provided Ohio with a loan to continue paying jobless benefits.

With the exception of interest, employers were, and still are, solely responsible for paying the balance of the debt incurred. If no action is taken, employers’ unemployment tax bills will continue to incrementally rise through 2017 until the debt is paid.

The Greater Cleveland Partnership/COSE has been working methodically with its members, policymakers, and partners towards a solution to this important issue. And, an encouraging proposal is expected to be introduced and passed in the state legislature this week that would pay Ohio’s debt to the federal government. Read more.

GCP pleased with progress on NASA Glenn budget

Cleveland—The Greater Cleveland Partnership announced today that it was pleased with Congressional action recommending strong funding for areas of the budget that impact Cleveland’s NASA Glenn Research Center.

“We applaud our delegation for their tireless efforts to protect and grow NASA Glenn Research Center,” said GCP President and CEO Joe Roman. “For several years, we have had to aggressively advocate to protect and even restore NASA Glenn’s funding in the budget process.  Read more.

Growth strategies and insights for middle-market leaders

Expert insights on three top-of-mind topics for middle-market executives were shared at the 2016 Greater Cleveland Middle-Market Forum held May 12th at Corporate College East.

Following a welcome from GCP Board member Bernie Moreno (above photo), president of Bernie Moreno Companies and chair of the GCP Middle-Market Committee, the program featured presentations and conversations about growth trends and concerns in the middle market; cyber security/risk; export readiness; and attracting top management talent. Read more.

For more event highlights, check out the @GCPartnership Twitter stream (hashtag #GCMMF) and/or download the forum app to your smart phone to access the agenda and speakers’ information.

Joe Roman on WTAM

GCP President and CEO Joe Roman talks with WTAM "Wills and Snyder" host Bill Wills on several topics that include:

Why saving the PlayhouseSquare theaters in the 1970s was so critical to the revitalization of downtown Cleveland; contributions of NASA Glenn Research Center (GRC) to the region’s economy and how you can be part of the GRC's 75th anniversary celebration; and medical marijuana legislation that’s moving through the Ohio Assembly.

Click to listen.

GCP members named as finalists for EY Entrepreneur of the Year award

Congratulations to these Greater Cleveland Partnership Investor members named by EY as finalists for the EY Entrepreneur of the Year 2016 Award in the Northeast Ohio region (above photo left to right):Terry Davis, president and CEO, Our Lady of the Wayside; Dr. Albert Green, CEO, Kent Displays, Inc.; James Keene, owner, Keene Building Products; and James Tu, executive chairman and CEO, Energy Focus, Inc.

These business leaders were selected by a panel of independent judges. Award winners will be announced at a gala June 9 at the Huntington Convention Center of Cleveland.

Preserving tax credits will help spur investment in catalytic projects

Greater Cleveland Partnership's President and CEO Joe Roman recently provided testimony before the Ohio 2020 Tax Policy Study Commission on the importance of essential development tools like the Ohio Historic Preservation Tax Credit and New Market Tax Credit.

Both tax credits have been instrumental in much of the revitalization of Cleveland's urban core. Click to read the testimony.

Above image: Rendering of a new St. Martin de Porres High School. Ohio New Market Tax Credits, provided by Cleveland Development Advisors, the GCP’s real estate and business development finance affiliate, are helping support the capital campaign to construct a new school building. The $17.9 million first phase will construct a 43,100 square-foot wing of the building.


Ideas for Tomorrow -- Dr. David Agus, University of Southern California

GCP members are invited to attend the next program in the Cleveland Clinic Ideas for Tomorrow speaker series featuring Dr. David Agus, one of the world’s leading doctors and pioneering biomedical researchers.

Over the past 20 years, Dr. Agus has received acclaim for his innovations in medicine and contributions to new technologies, which continue to change the perception of health and empower people to maintain healthy lives.

He is professor of medicine and engineering at the University of Southern California, where he leads the Westside Cancer Center and Center for Applied Molecular Medicine.

Morning Conversation: State Senator Larry Obhof

Greater Cleveland Partnership members are invited to a Morning Conversation with State Senator Larry Obhof, who represents the 22nd District, which includes Medina, Ashland and Richland counties, as well as portions of Holmes County.

He recently was appointed to serve as President Pro Tempore for the Ohio Senate. Senator Obhof is focused on improving Ohio’s economy and creating opportunities for economic growth. Click to register.

The GCP Morning Conversation series is sponsored by:

Morning Conversation: Congressman Dave Joyce

Greater Cleveland Partnership members are invited to a Morning Conversation with Congressman Dave Joyce.

Congressman Joyce has represented the 14th District of Ohio since 2012 and is currently serving his second term. He is a member of the influential House Committee on Appropriations, where he makes it a priority to reduce the scope and size of government and protect American tax dollars. Click to RSVP.

The GCP Morning Conversation series is sponsored by:

Mitigating the Effects of Unconsious Bias

The Commission on Economic Inclusion and the Cleveland Society of Human Resource Management (CSHRM) are co-presenting an interactive workshop for diversity and HR professionals on “Mitigating the Effects of Unconscious Bias,” on Wednesday, July 6 at Baldwin Wallace University's Center for Innovation and Growth. Click for details.