REDI Cincinnati announces Q2 JobsOhio Small Business Grant projects and metrics
CINCINNATI – July 12, 2022 – Three companies located within the Cincinnati region were supported by REDI Cincinnati and JobsOhio Small Business Grant (formerly known as Inclusion Grant) during the second quarter, REDI announced on Tuesday. The trio of projects created 19 new jobs with an associated payroll near $1.5 million and brought approximately $2.8 million in capital investment to the region.
“Congratulations to the three companies for their continued growth, and thank you to each of them for recognizing the strength of our region,” said Kevin Donnelly, REDI Cincinnati vice president for project management. “Thanks to the support of JobsOhio Small Business Grant, as well as visionary leadership throughout the Queen City, Cincinnati has become a national model for inclusive economic growth. The Brookings Institution recently cited Cincinnati as one of five examples of communities excelling in this space. REDI is proud to play a role in these efforts by supporting the growth of these three companies through JobsOhio Small Business Grant program.”
Below is a list of the three companies receiving JobsOhio Small Business Grants in Q2.
- Connecte – Connecte is a minority-owned intelligent workforce management company that focuses on connecting On-Demand technical talent with businesses.
- ROInsights – ROInsights provides custom analytics and technology-stack solutions to help businesses optimize decision-making in order to compete in today’s digital marketplace.
- Acme Lock Company – Acme is an 88-year-old locksmith, door, and hardware business which specializes in service, installation, and distribution.
Including its first-quarter JobsOhio Small Business Grant, REDI has supported regional growth through 43 new jobs, $2.97 million in payroll and $4.1 million in capital investment. Over the last six quarters, 33 businesses in southwest Ohio have been supported by JobsOhio Small Business Grant, adding 263 jobs and $7.8 million in total capital investment
Through JobsOhio Small Business Grant, JobsOhio and REDI Cincinnati are positioned to provide support to businesses serving distressed communities or businesses owned by underrepresented populations, such as minorities, women, veterans and people with disabilities. For those interested in learning more about JobsOhio Small Business Grant, please visit the JobsOhio website.
The Regional Economic Development Initiative (REDI) Cincinnati is the first point-of-contact for companies locating or growing in the 16-county region at the heart of southwest Ohio, northern Kentucky, and southeast Indiana. REDI Cincinnati is supported by top business leaders and community partners and staffed by a team of economic development experts who are uniting the Cincinnati region to compete globally.
The future is bright, and we’re building it, right now. Join us at REDICincinnati.com.
About JobsOhio
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership, and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.