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Crain's Cleveland Business (subscription required) reports that two foundations, the Burton D. Morgan Foundation and the Blackstone Charitable Foundation, have each donated $1.6 million toward the development of the "Blackstone LaunchPad," a resource center for emerging entrepreneurs.

A recent Gongwer News Service article reported that in an effort to "restrain government spending" with his first capital appropriations measure, Gov. Kasich has raised the state-funding threshold for new construction to a point that will eliminate "state-backed bond funding for special local projects like theaters, arts and sports ...

Pennsylvania landowner provides rare insight into the decision to lease for natural gas drilling.

New program aims to reduce work place injuries and get injured workers back on the job more quickly.

"The Clean Ohio Council approved more than $27.5 million in Clean Ohio Revitalization Fund grants on November 18 for 15 brownfield clean-up projects throughout the state, which are expected to create and retain nearly 1,280 jobs," according to a news release from the Ohio Department of Development.

Two programs – the Clean Ohio Fund and the Job Ready Sites Program – that assist communities and businesses to remediate distressed properties and incentivize the development of “pad ready” sites, may be discontinued as the State has no current plans in place to continue them.

The Ohio Department of Job and Family Services (ODJFS) released state figures this morning noting that Ohio’s unemployment rate was 9.0 percent in October, down from the month of September.

The CAPLines Loan Program has been revised by the SBA to better comply with bank underwriting guidelines and processes and make it more accessible to small businesses.

Tax increment financing (TIF) has become a common practice when it comes to funding local redevelopment and community improvement projects.

OSU plans to aid in Ohio’s business development and attraction activities through the use of their international gateway offices.

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