Incentivizing businesses. Accelerating growth.
From funding connections, to incentives, to talent solutions, the Northeast Ohio Region equips companies with the resources to expand.
Accelerate Your Growth
Grow Your Business Here
Get what you need to grow, quickly.
The state of Ohio has identified a network of seven regional partners across the state to work with JobsOhio, a private, nonprofit corporation designed to drive job creation and new capital investment in Ohio. As the JobsOhio regional partner for Northeast Ohio, Team NEO supports the attraction, retention, and expansion work of our 14 county partners by connecting them, and their client companies, with both state and JobsOhio support as well as resources across the Northeast Ohio Region.
With a deep knowledge of regional and state resources, Team NEO can quickly assemble the right teams to facilitate these efforts – from identifying funding options and tax incentives to working through regulatory issues and tapping into the region’s talent pool.
A track record of success.
Over the past 20 years, Team NEO and the Northeast Ohio Economic Development Network helped generate nearly 30,000 jobs, supported $8.4 billion in capital investments and attracted 111 new companies.
583
project wins
44,635
new jobs
$2.32 billion
in new payroll
$11.33 billion
in capital investment
Are you ready to grow in the Northeast Ohio Region?
Are you a Northeast Ohio company looking to expand? Or an outside company considering growth in the Northeast Ohio Region? As the JobsOhio regional network partner, Team NEO can help by connecting you with resources that will support your growth.
Support areas include:
JobsOhio Incentives
JobsOhio Economic Development Grant
Promotes development, business expansion, and job creation by providing funding for eligible projects in the State of Ohio. Learn more about the JobsOhio Economic Development Grant.
JobsOhio Small Business Grant
Fueling Growth for Ohio’s Small Businesses: The JobsOhio Small Business Grant offers up to $50,000 in financial assistance to eligible small businesses in Ohio looking to grow their operations. Learn more about the JobsOhio Small Business Grant.
JobsOhio R&D Center Grant
Created to facilitate new strategic corporate R&D centers in Ohio. Such R&D Centers will support the development and commercialization of emerging technologies and/or products that align with one or more of JobsOhio’s targeted industries. Learn more about the JobsOhio R&D Center Grant.
JobsOhio Revitalization Program
Offers loans and grants to revitalize sites in preparation for end-users who will create jobs in the State of Ohio. Learn more about the JobsOhio Revitalization Program.
JobsOhio Growth Fund Loan
Provides capital for expansion projects to companies that have limited access to capital and funding from conventional, private financing sources. Learn more about the JobsOhio Growth Fund Loan.
JobsOhio Workforce Grant
Provides funding for the improvement of worker skills and abilities in the state of Ohio. Grant decisions are based on several project factors including but not limited to job creation, additional payroll, fixed-asset investment commitment, project return on investment, and project location. Learn more about the JobsOhio Workforce Grant.
Ohio and Loan Grant Programs
Ohio Enterprise Bond Fund
Provides revenue bond financing through an S&P-rated fund, whereby proceeds from bond sales are loaned to companies for fixed-rate, long-term capital asset financing. Learn more about the Ohio Enterprise Bond Fund.
Innovation Ohio Loan Fund
Provides loans for acquisition, construction, and related capital costs for technology, facilities, and equipment purchases. Learn more about the Innovation Ohio Loan Fund.
State 166 Direct Loan
Provides loans for land and building acquisition, construction, expansion, or renovation, and equipment purchases. Learn more about the State 166 Direct Loan.
Roadwork Development (629)Funds
Available for public roadway improvements, including engineering, and design costs. Learn more about the Roadwork Development (629) Funds.
State Tax Credits
Ohio Job Creation Tax Credit
A refundable and performance-based tax credit calculated as a percent of created payroll and applied toward the company’s commercial activity tax liability. Learn more about the OhioJob Creation Tax Credit.
Data Center Tax Exemption
Provides a sales-tax exemption rate and term that allow for partial or full sales tax exemption on the purchase of eligible data center equipment. Learn more about the Data Center Tax Exemption.
Infrastructure Incentives
Roadwork Development (629) Funds
Available for public roadway improvements, including engineering, and design costs. Learn more about the Roadwork Development (629) Funds.
Ohio Site Inventory Program
The primary goal is to fill gaps in Ohio’s real estate inventory with real estate targeting near-term sector wins to ensure our state is more competitive for reactive site selection projects. Learn more about the Ohio Site Inventory Program.
Commercial Air Service Restoration Program
Our goal is simple: to connect more people to more parts of the country, attracting businesses and talent in the process. Learn more about the Commercial Air Service Restoration Program.
Support For Communities
Vibrant Communities Program
Supporting economic development in small and medium sized communities. Learn more about the Vibrant Communities Program.
Pre-Project Planning Program
Offers targeted technical assistance to address gaps in capacity and expertise to ultimately generate more Vibrant Communities projects across the state. Learn more about the Pre-Project Planning Program.
Talent Support
The JobsOhio Talent Services Program (TAS)
Helps identify a company’s talent challenges and builds sustainable talent strategies that support every stage of the candidate journey. Learn more about The JobsOhio Talent Services Program.
Relocation Incentive (JORI)
Helps Ohio employers of any size in ten critical sectors expand their workforce, specifically in STEM and technical occupations, with direct financial incentives for attracting out-of-state professionals. Learn more about the Relocation Incentive.
