3 ways JobsOhio’s private status helps NE Ohio companies expand

Team NEO’s work to attract and retain companies and help create jobs got a boost 12 years ago when it partnered with JobsOhio, the state’s private, nonprofit economic development corporation.

Formed during the John Kasich administration, JobsOhio is privately funded — solely by profits from sales of spirituous liquor — and run by private-sector professionals who are free to make long-term investments when they make the most business sense.

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Story excerpt provided by Cleveland Business Journal.

Written by Mary Vanac.

Originally published February 13, 2023.