Amazon HQ2 Bid Submitted
The Greater Cleveland Partnership, City of Cleveland and Cuyahoga County joined TeamNEO, JobsOhio, the State of Ohio and numerous local partners in submitting a bid for Cleveland to be the site of Amazon’s second headquarters known as HQ2. More than 20 organizations and over 90 individuals from throughout the community came together to develop a strong, compelling case to present to Amazon.
More than 100 municipalities across North America are expected to submit bids.
Cleveland’s bid committee encourages the entire Northeast Ohio community to become involved in promoting the city to Amazon on social media by using#AMAZONHQ2CLE.
Mayor Frank G. Jackson and County Executive Armond Budish announced the submission in this video. Community leaders also suggest the public engage in the conversation using #AMAZONHQ2CLE.
HQ2 is expected to bring with it 50,000 new jobs and at least $5 billion in construction. The deadline to submit bids was October 19. No date has been set for the naming of finalists.
Cleveland Clinic and JumpStart Announce Partnership on Plug and Play Cleveland HealthTech Accelerator
Cleveland Clinic and JumpStart Inc. have announced a three-year partnership with Silicon Valley’s renowned Plug and Play Inc., the largest accelerator program in the world. The trio will partner to create an accelerator focused on biotech and digital health innovation in downtown Cleveland’s Global Center for Health Innovation in downtown Cleveland.
Beginning in Spring 2018, the “Plug and Play Cleveland HealthTech Accelerator” will operate two cohort programs annually. The HealthTech Accelerator team will evaluate hundreds of startups from across the globe which are then vetted down to cohorts of at least 10 companies every six months. Cleveland Clinic, JumpStart and all Ohio-based collaborators will also make every effort to encourage participating startups to stay in Cleveland post-graduation.
Regularly noted as one of the most successful accelerators internationally, Plug and Play, headquartered in Sunnyvale, California, has grown to become the largest accelerator program in the world — with operations in 24 other locations across four continents.
As one of the very first groups in the region to support the Cleveland Medical Mart and Convention Center, and the creator of JumpStart, the GCP applauds this announcement and the trios’ focus on fostering entrepreneurship and business growth in our region.
Senator Portman Visits with GCP Members, Talks Tax Reform
In February, the Greater Cleveland Partnership (GCP) hosted a forum with Senator Rob Portman regarding the direct impact our nation’s tax code has on job creators and the business community as whole. The Senator visited with GCP members again, this morning, to continue the dialogue on the need for sound federal tax adjustments.
The U.S. Senate recently passed a budget, paving a potential path forward for the first comprehensive tax reforms since the 1980’s.
Members of the Greater Cleveland Partnership (GCP) believe a thoughtful, balanced, and competitive tax environment is critical to the success of our economy and that any reforms made must be all-inclusive and benefit all sectors of the business community. Today’s constructive discussion provided business leaders from across the region the opportunity to address critical tax issues and specific tax priorities that directly impact the business community like the corporate rate and recognition of pass-through entities.
Senator Portman currently serves on the Finance Committee. In addition, as chairman of the Subcommittee on Taxation and IRS Oversight, he is taking the lead on developing corporate tax reform legislation in the U.S. Senate.
Watch a portion of the Senator's remarks after the meeting.