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February

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.

Joe Roman on WTAM

In this month’s conversation with “Wills and Snyder” co-host Bill Wills, GCP President and CEO Joe Roman talks about provisions in Governor Kasich’s proposed budget, including tax reform, and why the Greater Cleveland business community has an even stronger interest in what could happen with tax reform at the federal level.

There’s also positive news about job creation and business development from some of Northeast Ohio’s major employers.

Click to listen.

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.