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Every Monday -- News from GCP

2013: A big year for business development in Northeast Ohio

The Greater Cleveland Partnership's Business Development Team continued its award-winning business retention and expansion activities and ended 2013 with strong results.

The team called on more than 340 businesses in the region this year to help them grow and thrive by connecting them to resources related to workforce, real estate, financing, development, state and local tax credits and incentives.  Companies assisted include Nestle USA, which broke ground on a new Product Technology Center.

Every Monday -- News from GCP

Gain a competitive edge, win the talent war

More than 60 executives attended the GCP Middle-Market Talent Forum on Dec. 12, which focused on “Winning the Talent War: Strategies to Attract and Retain the Very Best People.”

Our panelists provided insights and tactics to help mid-market companies gain a competitive edge in attracting and retaining top talent.

Click here for information they shared during their remarks.

Every Monday -- News from GCP

GCP Board approves appointment of new vice chair

The GCP Board approved the appointment of KeyCorp Chairman and CEO Beth Mooney as vice chair at its quarterly meeting held December 4.

She has been chairman and chief executive officer of KeyCorp since May 2011 and a member of KeyCorp’s Board of Directors since 2010. Mooney, who joined Key in April 2006, has over 30 years of experience in retail banking, commercial lending and real estate financing.

Every Monday -- News from GCP

Survey of major construction projects gauging need for skilled workers

The Commission on Economic Inclusion, a program of the Greater Cleveland Partnership, has launched an extensive skilled-workers demand study to gauge labor needs for major construction projects planned in the City of Cleveland with the goal of increasing local and minority participation in those projects.

The study is one of of several recommendations presented to the Commission in a special report issued in 2012 and is a key driver in helping work toward the job-creation goals of the Community Benefits and Inclusion Agreement (CBA) that has been signed by Cleveland Mayor Frank G. Jackson, representatives from key business, civic, labor and trade organizations, and several public- and private-sector project owners. It is being conducted on behalf of the CBA stakeholders.

Every Monday -- News from GCP

GCP's Public Officials Reception celebrates 50th anniversary

Thirteen former elected officials participated in panel discussion moderated by retired Plain Dealer columnist Brent Larkin to kick off the GCP’s 50th anniversary Public Officials Reunion and Reception last Friday at Windows on the River.

More than 1,000 business and community leaders were on hand for the reception that followed the program where participants discussed a wide range of topics including the need to continue moving forward with reforming public education in the city and protecting Lake Erie.

Every Monday -- News from GCP

GCP Insight video: Why we support immigration reform

Click here to watch our new video in the “GCP Insight” series. Learn about our efforts to support immigration reform and why we think it’s important to economic development in the Cleveland Plus region.

We've focused our efforts on increasing the number of high-skilled visas, known as H1-B visas, and the creation of High Skilled Immigration Zones, which would allocate a block of visas to geographic areas experiencing high unemployment.

Every Monday -- News from GCP

GCP supports modifications to energy mandates

The Greater Cleveland Partnership (GCP) formally supports Substitute Senate Bill 58 (SB58), a legislative proposal aimed at reforming Ohio’s energy efficiency and alternative energy mandates.

In doing so, we recognize the drastic changes in Ohio’s energy landscape since Substitute Senate Bill 221 was passed over five years ago.

Every Monday -- News from GCP

CDA's New Markets Tax Credits help finance
Steelyard Commons expansion

Cleveland Development Advisors (CDA), the Greater Cleveland Partnership’s real estate and business development finance affiliate utilized $6 million of its 2013 New Markets Tax Credits (NMTC) allocation toward the expansion of Steelyard Commons. 

Project financing, which also included a $2 million NMTC allocation from JP Morgan Chase, conventional financing, and tax increment financing, closed last week.

Every Monday -- News from GCP

CDA invests in two major projects in Cleveland

Financing has closed on the first two projects to receive allocation from the $30 million federal New Markets Tax Credit (NMTC) award that Cleveland Development Advisors (CDA), the Greater Cleveland Partnership’s real estate and business development finance affiliate, received earlier this year.

They are the learning center at the St. Luke’s campus and the redevelopment of the East Ohio Gas Building.  The combined $12 million of NMTC allocation leveraged total development of $81 million.

Every Monday -- News from GCP

GCP applauds Controlling Board approval of Medicaid expansion

The Greater Cleveland Partnership applauds Governor Kasich and the Controlling Board for today’s decision to approve the release of federal funds for Medicaid expansion in Ohio to 138 percent of the federal poverty level.

“We’ve supported Medicaid expansion, along with other chambers across the state, because the business community understands that failure to do so would harm employers and the state's bottom line,” said GCP President and CEO Joe Roman.” Expansion is good for businesses and Ohioans.”

Every Monday -- News from GCP

Collaborating to advance Great Lakes priorities

Speaking on behalf of the Great Lakes Metro Chambers Coalition, Greater Cleveland Partnership Senior Vice President of Advocacy Carol Caruso participated in a panel discussion hosted by the Canadian Studies Center at Michigan State University on October 10.

The conference examined public policy issues and business development opportunities in the Great Lakes region and explored ways in which the Great Lakes states and Canada can collaborate to achieve common goals.

Every Monday -- News from GCP

Significant progress made to promote inclusion in Cleveland construction projects

Backed by strong support from the public and private sectors, several action steps have been taken to implement recommendations on how to increase local and minority participation on major private sector construction projects planned in the City of Cleveland.

Every Monday -- News from GCP

Turbo charge your innovation strategies

Time is running out! Register now for the Greater Cleveland Partnership Innovation Forum on Tuesday, October 8 from 2 to 5:30 p.m. at the GCP's offices.

This free event for GCP members is designed for middle-market C-suite executives and high-level managers searching for new skills to incite opportunity, advance new strategies, and lead new initiatives.

Our speakers include Gretchen Goffe, executive director of the Innovation Initiative at the Fisher College of Business at The Ohio State University.

Every Monday -- News from GCP

GCP Board votes to endorse Health and Human Services Levy

The Greater Cleveland Partnership Board of Directors voted last week to endorse the Cuyahoga County Health and Human Services Levy (HHS) , which will be on the November ballot, and to provide $15,000 in support.

“This levy supports many critical health and human services activities that are critical to the well-being of our community including MetroHealth and services for seniors, children and families,” said GCP President and CEO Joe Roman. “This levy is important to our ability to take care of increasing needs.”

Every Monday -- News from GCP

Leaders endorse historic agreement promoting inclusion in construction projects

Ten private- and public-sector leaders, representing billions of dollars of current and future construction projects in the City of Cleveland, today endorsed key sections of the historic Community Benefits Agreement Memorandum of Understanding (MOU) to make inclusion a priority in planning and developing projects.

Every Monday -- News from GCP

GCP advocacy efforts continue, as Congress returns from recess

Following the traditional August recess, Congress returns to Capitol Hill with a full agenda and a short legislative calendar. In regards to GCP priority items, expect to see the House introduce and move its version of the Water Resources Development Act (WRDA), called the Water Resources Reform and Development Act (WRRDA).

The Senate has already passed its version and awaits the House’s action to conference the likely differences that will emerge between the two bills.

Every Monday -- News from GCP

Connecting with our members: GCP's annual Chairman's Forum

More than 125 Northeast Ohio business leaders from Greater Cleveland Partnership member companies attended the standing-room-only GCP Chairman’s Forum on Tuesday, August 20, at GCP’s offices with Board Chair Christopher M. Connor, chairman and CEO of The Sherwin-Williams Company.

Connor provided opening remarks and participated in a panel with GCP Board members Terrence Egger, chairman of The Plain Dealer Publishing Company, who moderated the discussion, and Eddie Taylor, president, Taylor Oswald, and GCP President and CEO Joe Roman.

Every Monday -- News from GCP

Congressional leaders to discuss transportation issues

The 2013 Build Up Greater Cleveland Annual Meeting on Monday, August 26 will feature two U.S. House of Representatives leaders whose work impacts transportation and infrastructure. Rep. Bill Shuster (R-PA), chairman of the House Transportation and Infrastructure Committee is the keynote speaker.

In addition, U.S. Representative Bob Gibbs (R-OH-7), chairman of the Transportation and Infrastructure Subcommittee on Water and Environment, joins the program as a special guest.

Every Monday -- News from GCP

Real estate regaining importance in recuperating economy

Real estate is an important tool to get our economy back on track, since it drives growth. It, too, will recover as the U.S. economy gets emerges from crisis, according to a new white paper by the National Center for the Middle Market at The Ohio State University Fisher College of Business and Plante Moran.

Every Monday -- News from GCP

Great Lakes funding amended, bill yet to pass

The Great Lakes Restoration Initiative, an effort to restore the health of our five-lake, fresh water asset, faced an unprecedented cut in funding from its authorized level of $475 million to $60 million when the Interior bill emerged from the Appropriations subcommittee.

Working with a bipartisan group of House members, Congressman Dave Joyce (R-OH-14), was able to amend the bill in the full committee to restore $150 million of the funds, bringing the total to $210 million.

Every Monday -- News from GCP

Preliminary state plan
funds Opportunity Corridor

An advisory council for the Ohio Department of Transportation has recommended funding for the remaining $266 million of the $334 million Opportunity Corridor project, which previously was uncommitted.

Every Monday -- News from GCP

Opportunity Corridor projects gets green light with Turnpike bond funding

Governor Kasich held a press conference at Orlando Baking Company in Cleveland today to announce the acceleration of timelines for several transportation projects including Opportunity Corridor.

Every Monday -- News from GCP

CMSD to break ground on
a new Max Hayes High School

The Cleveland Metropolitan School Distsrict (CMSD) will break ground for three new schools on Thursday, June 18, including Max S. Hayes High School, a project that has been a GCP priority for the last several years.