New Athens County EDC · 2016. 3. 31. · Athens County EDC Business Remixed, The Athens County ......

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Athens County EDC Business Remixed, The Athens County Economic Development Council, is the champion of business in Southeast Ohio. We are a public-private partnership committed to increasing economic opportunity in Athens County by encouraging entrepreneurship, recruiting new businesses, and helping existing businesses secure the resources they need to grow and expand. www.BusinessRemixed.com

Transcript of New Athens County EDC · 2016. 3. 31. · Athens County EDC Business Remixed, The Athens County ......

Page 1: New Athens County EDC · 2016. 3. 31. · Athens County EDC Business Remixed, The Athens County ... – Provided major site selection efforts for over a year to assure company would

Athens County EDCBusiness Remixed, The Athens County Economic Development Council, is the

champion of business in Southeast Ohio.

We are a public-private partnership committed to increasing economic opportunity in Athens

County by encouraging entrepreneurship, recruiting new businesses, and helping existing businesses secure the resources they need to

grow and expand.

www.BusinessRemixed.com

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Athens County EDC

Our Mission: To be a catalyst for quality jobs and progress in Athens County and throughout the region by creating a seamless network of economic development resources through partnerships with government, business and nonprofit organizations.

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Partner Organizations

• City of Athens• Athens County• Ohio University• Hocking College/Tri-County Adult Career

Center• Community Improvement Corporation of

Athens• Athens County Port Authority

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Know Your Community

• Manufacturing• Tourism• Education• Resort• Progressive• Historic

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Page 5: New Athens County EDC · 2016. 3. 31. · Athens County EDC Business Remixed, The Athens County ... – Provided major site selection efforts for over a year to assure company would

Targeted Industries

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Information Technology

Specialty and Craft Food

Manufacturing

Sustainable Energy

Healthcare & Biotechnology

Presenter
Presentation Notes
These industries are identified as Targeted because we have noticed significant growth/activity and job creation in these sectors. Highlighting these industries promotes cluster growth and helps guide local program development and resource use. Alignment with State and regional priorities is crucial in accessing program and other resources
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Know Your Partners

• Utilities• Chamber• Businesses• Developers• Media

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Know Your Tools

• CIC• Port Authority• Tax Incentives• Loan Funds• Enterprise Zone• Regional Groups

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Community Improvement Corporation

• The CIC of Athens, Ohio is an organization committed topromoting and fostering economic development in AthensCounty.

• The CIC is interested in providing gap financing assistance toprojects that have public value, such as significant job creation.

• This group strives to find innovative ways to implement jobretention and creation in Athens County.

• Most recently, the CIC recently became a shareholder ofEcolibrium Solar, a company that the CIC provided funding toin its infancy.

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Some of our clients

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Client Success Spotlight: Ecolibrium Solar

• Overview:– Began assisting company while they were incubating

in the Ohio University Innovation Center– Worked with our partner network to provide Technical

Assistance & Business Counseling– Orchestrated capital investment through Community

Improvement Corporation from lending investment through Common Stock purchase

– Partnered with JobsOhio to help company navigate programs and funding opportunities

– Provided major site selection efforts for over a year to assure company would locate in Athens permanently

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Client Success Spotlight: Ecolibrium Solar

• Successes– Company began with one (1) full-time job in 2011, and

has grown to 29 FTE Positions at the end of 2014– Company projects 36 FTE Positions by the end of 2015– Company payroll in 2014 was $1,363,587.67

• Average Salary: $65,929• Average Salary (non exec): $48,300

– Company sales in 2014 were $18.7 million, and a significant increase is projected for 2015.

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Port AuthorityWe are often asked why Athens has a “port authority.” Keep in mind that:

A “port” is an entry point for economic opportunity… as such, a Port Authority has unique tools that can enable certain economic opportunities.

The Athens County Port Authority works to encourage and facilitate economic development projects in Athens County using its unique tools such as acquiring, selling, and leasing property or facilities for commercial use.

The Port Authority holds the power to own land, set fees, and levy taxes -placing it in an excellent position to stimulate growth within the county. This organization also facilitates US EPA grant applications for the county, particularly in relation to Brownfield assessment. In May of 2014, the Port Authority was awarded $400,000 in Brownfield Assessment grants from the US EPA.

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