GCP advocacy efforts continue to protect and support
NASA Glenn Research Center’s recently released FY 2016 Economic Impact Study
demonstrates that the importance of the center continues to grow.
NASA Glenn has an overall $1.4 billion economic impact on Northeast Ohio, an increase from the previous fiscal year. The center generates $125 million in tax revenue for the region and has created, directly and indirectly, more than 7,000 jobs in the region.
It employs more than 3,100 civil service and contract employees to advance its core missions in aviation technology, as well as innovations to advance exploration of the universe and improve life on Earth.
The annual study produced by Cleveland State University helps to illustrate NASA Glenn’s impact on the State of Ohio and serves as a critical advocacy tool to support the center in Washington DC and Columbus.
The Greater Cleveland Partnership maintains a leadership role in working collectively with Ohio’s federal and state elected leaders to protect NASA Glenn’s core missions and position the center to seize new opportunities that advance new technologies for space exploration and the business community.
“The road to Mars goes through NASA Glenn,” said Marty McGann, the GCP’s senior vice president of advocacy.
“We are thrilled to see the latest results of NASA Glenn’s impact study and what it means for Ohio. We look forward to a continued partnership with the center and our elected leaders that will lead to new successes and discoveries.”
A Centaur engine display with the NASA Glenn Flight Research Building in the background. Source: NASA Glenn website.
Water quality bill signed; will strengthen protection of Lake Erie, connected waterways
Governor John Kasich recently signed Senate Bill 2—the legislature’s key water quality legislation—at the Great Lakes Science Center.
Representatives from the Greater Cleveland Partnership, along with the Cleveland-Cuyahoga County Port Authority, were present with state leaders to celebrate the occasion.
The Governor spoke of Lake Erie as one of Ohio’s greatest natural assets. The policy changes in Senate Bill 2 will help to strengthen the quality of the lake and connected waterways, which has a significant impact on a variety of industries in Ohio.
The GCP has supported the development of the recently passed legislation since the previous General Assembly when it was introduced as the Water Quality Mid-Biennial Budget Review bill by the Administration.
Through written testimony and ongoing advocacy with key elected leaders, the GCP was successful in supporting the bill through final passage in June.
Ohio’s middle market forecasts strong revenue,
employment growth rates
Ohio’s middle-market companies are continuing to forecast a higher rate of revenue growth over the next 12 months than their counterparts across the U.S.
The 2Q 2017 Ohio Middle Market Indicator
(MMI), released this week by the National Center for the Middle Market
, also found that Ohio companies are expecting stronger employment growth through the first three months of 2018 than the nationwide average.
The middle-market revenue growth predictions are 11.8 percent in Ohio, almost twice that of survey respondents (5.3 percent) from around the country. There is less discrepancy in employment growth predictions where Ohio companies are expecting a 5.2 percent increase while the national average rate of growth is projected at 4.7 percent.
Confidence and concerns
Fewer Ohio respondents expressed confidence in the national economy than the national average (66 percent compared to 84 percent).
Yet, they are more confident than the U.S. average in the global economy (82 percent compared to 70 percent) and their local economies (89 percent compared to 87 percent).
Concerns by middle-market executives continue to focus on talent: “Finding enough of the right people to support growth is becoming more and more of a challenge.”
Other “headwinds to growth” include government regulations, changing market conditions, and increasing costs.
Click for highlights from the Ohio survey.
Click here to read or download results of the national MMI.
The National Center for the Middle Market, a partnership of The Ohio State University Fisher College of Business, SunTrust Banks, Inc., Grant Thornton LLP and Cisco Systems, is a strategic partner of the Greater Cleveland Partnership’s Accelerating Middle-Market Progress (AMMP) initiative.
Get involved and help build Cleveland’s talent pipeline
From talking and listening to our members of all sizes from all across the region, we know that their single biggest issue of concern is talent.
Educational attainment, a focus on skills development, and improving the level of talent within the workplace are key areas of opportunity for business community involvement.
One way for direct involvement—right now—is for our member companies to offer True2U
—a career awareness and mentoring program for Cleveland Metropolitan School District (CMSD) eighth-graders—as an opportunity for your employees to volunteer as mentors for the 2017-2018 school year.
Starting in October, they will work with eighth-grade students to create career awareness and goals for success on a monthly basis. The program uses a unique advisory model in which small groups of students are led by a team of two to three mentors and supported by a CMSD teacher.
As you know, the business community is an essential component in efforts to prepare our youth to be successful as adults in tomorrow’s workplace.
One part of the solution to the challenge of attracting and retaining talent lies in early exposure to career pathways and helping students make decisions that best position them for lifetime success.
Our goal: To connect with all CMSD eighth-graders
More than 150 business volunteers recruited by the GCP joined mentors from the wider community in serving approximately 1,700 youth in 44 Cleveland schools during the 2016-2017 school year.
During the 2017-18 school year, True2U’s goal is to serve approximately 2,500 students in 68 schools—every enrolled CMSD eighth-grader—to help prepare them for the transition from middle school to high school.
Three hundred business volunteer mentors are needed.
Getting started with True2U
True2U is the shared vision of community leaders from the Cleveland Foundation, MyCom, the CMSD, Neighborhood Leadership Institute, Greater Cleveland Faith-Based Collaborative, Inc., and the GCP, the lead business partner.
Share your industry expertise with CMSD high school students
The Academies of Cleveland
(AoC) focus on college and career readiness for students in five Cleveland Metropolitan School District
(CMSD) high schools: Garrett Morgan, Jane Addams Business Careers Center, Martin Luther King Jr., Max S. Hayes, and Washington Park Environmental Studies.
Each school concentrates on career pathways from a variety of industries that drive economic growth in our community.
We are inviting Greater Cleveland Partnership members to provide industry expertise and interactive, career-exposure experiences for Academies of Cleveland students at Ninth Grade Career Experience Fairs, on Thursday, September 14
from 9 to 11 a.m.
Each school will have its own fair. Exhibitors will be matched with the high school that fits their industry.
The Ninth Grade Career Experience Fairs will provide an avenue for all Academies of Cleveland high school freshmen to explore a breadth of career areas in order to better make informed decisions about their future career path.
We are inviting local companies, businesses intermediaries and industry associations to participate in the fairs by setting up creative, unique and interactive exhibits representing their industry. We are recruiting representatives from the following industries to exhibit at these high schools:
- Biomedical Science
- Culinary Arts
Martin Luther King Jr.
- Exercise Science and Sports Medicine
- Law and Public Safety
- Animal Science and Management
- Horticulture & Landscape Design
- Industrial Power Technology
Max S. Hayes
- Automotive Technology
- Construction Technology
- Diesel Technology
If you are interested in participating in the Career Experience Fairs please contact Angela Finding at firstname.lastname@example.org
or 216.592.2385 to sign up or receive further information.
The business community is an essential component to ensuring we are preparing our youth for career opportunities in in-demand industries experiencing a shortage of talent.
Your participation in the Career Experience Fairs and other Academies of Cleveland business engagement opportunities also ensures that young people are prepared to learn for a lifetime, thrive in tomorrow’s dynamic workplaces, and contribute to Cleveland’s economic and civic prosperity.
Amplify your ambition at JumpStart’s “Startup Scaleup”
Whether you’re looking to launch your first venture or grow an established company, JumpStart’s “Startup Scapeup” event on Tuesday, August 15 has something for you.
for a full day of learning, networking and storytelling in the Gordon Square Arts District—for only $20!
Here are a few of this year’s agenda highlights:
The Art of the Exit:
Featuring Former Yelp CFO Rob Krolik: Whether there’s an IPO or an acquisition in your company’s future, get an insiders perspective on getting to the exit from the CFO
who helped take Yelp public in 2012.
The New Benefits Package: Cortney Marchetti
, former HR leader at Lyft and Shutterfly teams up with BoxCast founder Gordon Daily
to explore how businesses are attracting top talent with a combination of traditional benefits and brand-new perks.
Startup Stories: Life After Exit:
Explorys co-founder Steve McHale
–whose company was acquired by IBM—joins Silicon Valley entrepreneur/investor Alex Bard
—who has sold companies to Salesforce and AOL—to discuss what happens after the entrepreneurial dream comes true.
Silicon Valley Money, Midwest Zip Code: John Locke
from Silicon Valley VC firm Accel joins two Ohio startups—Root and Everything But The House—to discuss how companies are attracting coastal capital without giving up their Midwest addresses.
With your registration, you’ll receive two $5 snack tickets and one $10 lunch ticket for use at participating restaurants.
Click to learn more.
JumpStart is part of the regional economic development system that the Greater Cleveland Partnership helped to create and continues to support.