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Building Ohio Jobs

Ohio Tax and Incentive Resources

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Ohio Sales Manager - Matt McQuade
(614) 857-0900 ext. 231

Ohio political leadership recently signed into law a $1.57 billion bipartisan jobs stimulus package to create new jobs while laying the foundation for future economic prosperity. The stimulus package will provide incentive programs for Ohio's targeted industries, workforce development programs and public infrastructure improvements. The package is apportioned as follows:

  • $400 million invested in industry clusters Industries receiving funding include advanced energy, bioproducts, biomedical, and logistics.

  • $250 million invested in Ohio's higher education workforce initiative Investment in Ohio's workforce to keep college-educated Ohioians in the state by linking them to good internships, cooperative education programs, and jobs while they earn their degrees.

  • $920 million invested in infrastructure.

Funding will be applied toward brownfield redevelopment, farmland preservation and Ohio's roads, bridges, and water systems.

Open Programs

Advanced Energy Program
Advanced energy projects can carry significant price-tags. Financial assistance can be critical to make a project viable. Ohio's new Advanced Energy Program provides financial incentives to projects in addition to of Ohio's standard discretionary incentives.

The Advanced Energy Program has made $150 million available for advanced energy projects in the form of grants and loans. $84 million will be dedicated to non-coal uses and $66 million to clean-coal uses. Non-coal uses include:

  • Renewable energy resources including energy derived from sources including solar, wind, hydroelectric, geothermal, certain fuels derived from solid wastes
  • Fuel cells Increased efficiency in electricity generation without additional carbon dioxide emissions
  • Advanced nuclear energy technology
  • Advanced solid waste or construction and demolition debris conversion technologies resulting in measurable greenhouse gas emissions reductions
  • Any technologies, products, activities or management practices or strategies that reduce or support the reduction of energy consumption or support the production of clean renewable energy.

An application is required in advance of a project being considered. Additional information on qualifications and an online application is available at http://www.ohioairquality.org/.