December 18, 2017
COLUMBUS – The JobsOhio Board of Directors held its quarterly public meeting in Columbus at Fintech71. The meeting included a review of JobsOhio’s performance and financial position, along with industry and regional updates.
Year-to-date through November, JobsOhio worked on 227 projects with companies that committed to create 19,322 new jobs, retain 63,480 jobs and invest $5.3 billion in new capital.
“We are seeing gains in both jobs and capital investment, which are up 11 percent and 38 percent respectively over the same period last year,” said JobsOhio President and Chief Investment Officer John Minor. He also highlighted JobsOhio’s robust project pipeline and financial commitments outstanding.
JobsOhio Managing Director for Financial Services Valentina Isakina provided an industry update and highlighted that Ohio has the sixth-largest financial services sector in the United States, and noted the importance of fintech innovation in Ohio through the Fintech71 accelerator.
Cheryl Lebens, Chief Risk & Strategy Officer of Grange Insurance; and Adrian Becker, Director of Strategic Partnerships at Steady, discussed how collaboration between financial institutions and scale-ups through efforts such as Fintech71 can lead to more innovation and jobs. Lebens serves on Fintech71 Board as Vice Chair and Becker works at Atlanta-based Steady, one of 10 scale-ups selected for the inaugural Fintech71 cohort.
Columbus 2020 CEO Kenny McDonald provided a regional update, which included 2017 results, how the region is marketing itself nationally and worldwide, and how it is leveraging the Smart Cities Initiative.
JobsOhio is a private, nonprofit corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion efforts. JobsOhio works with six regional partners across Ohio: Appalachian Partnership for Economic Growth, Columbus 2020, Dayton Development Coalition, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobs-ohio.com. Follow us on LinkedIn, Twitter and Facebook.
For more information, contact:
Matt Englehart, JobsOhio