Team NEO Awarded $350,000 Grant

Team NEO Awarded $350,000 Grant from Fund for our Economic

Members of the Fund for our Economic Future (the Fund), a Northeast
Ohio philanthropic collaboration, announced their approval of a
$350,000 grant to support Team NEO and its work in partnership with
the region’s economic development organizations, business and
philanthropic communities and JobsOhio.

“We are grateful for the Fund for Our Economic Future’s
continuing support for Team NEO,” said Team NEO CEO Bill Koehler.
“We view the Fund’s mission as vital to our work, so its financial
support combined with its personal involvement at the board and
staff level means we have a unified approach to the challenges and
opportunities that face our region. We could not ask for a better
partner as we work to grow Northeast Ohio’s

Fund members approved the one-time, six-month grant
earlier this week at their quarterly board meeting.

About Team NEO

Team NEO is an economic development organization focused
on creating jobs for Northeast Ohio’s residents. In collaboration
with our partners, it leads the region’s business attraction
efforts, supports business retention and expansion work as
Northeast Ohio’s JobsOhio affiliate, and aligns strategies and
resources within the economic development network to maximize its
impact. In addition, Team NEO provides tools to assist employers in
attracting talent to the region. We are driven to succeed by our
passion for the region, and we strive to instill that enthusiasm in
others. Our highly experienced staff is guided by a board of
business, economic development and civic leaders who share our

About the Fund for Our Economic

The Fund for Our Economic Future is a collaboration of
funders, including private, community and corporate foundations,
higher education institutions, health care systems, corporations,
and individuals, dedicated to advancing economic growth and
equitable access to opportunity for the people of Northeast Ohio by
building shared community commitment, supporting high-impact
collaborations and marshalling strategic funding. Since its
founding in 2004, the Fund has raised more than $100 million for
improving regional economic competitiveness. The Fund’s efforts
have helped retain or create 17,763 jobs, add $712 million in
payroll, and attract $3.8 billion in capital to Northeast