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The primary mission of the
Ohio Economic Development Partnership is aimed at enabling
low-income people to supplement, stabilize, and increase
their job opportunities and to support the growth and development of
low-income communities.
Federal Tax
Credits
The Ohio Economic
Development Partnership can award qualified investors a transferable
federal tax credit equal to 39% of the investment. The Partnership
can arrange for the sale of the credits where
desired.
State Tax
Credits
The Ohio Economic
Development Partnership can negotiate state tax credits and other
discretionary incentives based upon investment.
Training Grants &
Funding
The Ohio Economic
Development Partnership can assist companies in obtaining grants and
other funding for job skills training for both existing employees
and new hires.
Capital
Grants
The Ohio Economic Development Partnership
can assist companies in obtaining grants to reduce the cost of
investment.
Working Capital Grants and Low
Interest Loans
The Ohio Economic Development Partnership
can assist companies in obtaining grants and low interest loans to
reduce the cost of an investor’s debt
service.
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