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Commission announces 2016 Best-in-Class winners
The Commission on Economic Inclusion, a program of Greater Cleveland Partnership, will recognize eight organizations for their diversity and inclusion efforts at the GCP Annual Meeting on Thursday, June 7 from 4:30 to 7:30 p.m. at the Hilton Cleveland Downtown Hotel.
The Best-in-Class Award winners are selected based on the results of the Commission’s annual Diversity and Inclusion Organization Assessment. The assessment is an online tool that collects data on the Commission’s four main areas of focus—board, senior management, workforce and supplier diversity—and recognizes top performers in those areas. Click to find out who won.
Ohio’s congressional delegation supports key development tool
In recent weeks, Ohio’s U.S. Senators Rob Portman and Sherrod Brown signed on as legislative cosponsors of the New Markets Tax Credit (NMTC) Extension Act of 2017.
This legislation proposes a permanent extension of the federal NMTC program, currently set to expire in 2019. The legislative proposal would also increase the annual NMTC allocation. Several U.S. House members from Ohio are already lined up in support of the companion legislation in the House.
Those members include Rep. Pat Tiberi (lead sponsor), Rep. Dave Joyce, Rep. Jim Renacci, Rep. Tim Ryan, Rep. Bob Gibbs, Rep. Bill Johnson, Rep. Betty Joyce, Rep. Steve Stivers, and Rep. Michael Turner. Read more.
GCP advocacy efforts impact funding, protection
for Great Lakes
Maintaining the quality of the Great Lakes and maximizing their economic impact continue to be top priorities for the Greater Cleveland Partnership.
Recently, the organization has engaged in key advocacy and community initiatives to advance efforts to protect this valuable resource to the region and state.
U.S. middle market carries strong momentum into 2017;
Ohio predicting strong revenue growth
The U.S. middle market closed 2016 on a high note and has carried that momentum into 2017, with all indicators pointing to an increasingly robust performance.
Actual and projected revenue and employment growth rates continue to rise significantly, and economic confidence is keeping pace, according to the National Center for the Middle Market's 1Q 2017 Middle-Market Indicator (MMI) survey.
Meanwhile, Ohio’s middle-market companies are expecting their revenue to grow over the next 12 months at a higher level than their counterparts across the U.S. (9.5 percent compared to 8.8 percent). Read more.