Stay Informed on News and Policy
Tax reform and the Northeast Ohio business community
On Friday, February 24, the Greater Cleveland Partnership (GCP) hosted a forum with Senator Rob Portman and GCP members regarding the direct impact our nation’s tax code has on job creators and the business community as whole.
The constructive discussion provided business leaders from across the region the opportunity to address critical tax issues and specific tax priorities that directly impact our region.
Click to watch a portion
of the Senator’s remarks after the meeting.
Plugging in: Business community input needed to address workforce challenges
In a 2016 poll of the Greater Cleveland Partnership (GCP) Board of Directors, approximately two-thirds of the respondents identified recruiting and retaining a qualified workforce as a top business challenge for their companies.
With the GCP ramping up its talent and workforce development efforts, there are currently several opportunities for GCP members to get involved in a variety of programs and initiatives.
Learn more about how you and/or others in your company or organization can plug in to provide business community input. Read more.
Addressing the challenges of recruitment and talent development
Workforce continues to be an area of challenge for Northeast Ohio employers.
Businesses are seeking skilled workers who are reliable, have on-the-job experience and are committed to growing with the company. At the same time, college students in the region are learning that in today’s competitive market, real-world work experience is crucial to landing a job and advancing their careers.
The second annual Cleveland Internship Summit, presented by the Greater Cleveland Partnership (GCP) last week at the Embassy Suites in Independence, helped further the conversation around these workforce challenges and provided best practices in recruitment and talent development. Read more.
GCP instrumental in significant business expansion project
The Greater Cleveland Partnership's Business Development team
and Cleveland Development Advisors
(CDA), the GCP’s real estate and business development finance affiliate, were instrumental in helping to marshal a financial package to support Charter Steel’s $150 million investment to build a new Special Bar Quality (SBQ) bar mill adjacent to its existing coil mill and steel-making operations in Cuyahoga Heights.
In addition, CDA has reserved (pending final underwriting and board approval) $10 million of its current award of New Markets Tax Credit Allocation for this significant business expansion project. Read more.