Save the Date: 2025 Annual Meeting of Investors | |
|
Dear Investors,
We are excited to invite you to our Annual Meeting, featuring a distinguished guest speaker, Nick Raich, CEO and Co-Founder of The Earnings Scout. With over 25 years of experience in the financial markets, Nick is a recognized expert in macroeconomic research and earnings trends, frequently sharing his insights on CNBC and Bloomberg TV.
During the meeting, Nick will present his insights in a talk titled "Trumponomics 2.0: Tax Cuts, Deregulation, and a Fed Chair on the Hot Seat" This presentation promises to provide valuable perspectives on current economic trends that are shaping our financial landscape.
We hope you can join us for this informative session and the opportunity to connect with fellow professionals in our industry. Your participation will contribute to a lively discussion on the critical economic issues we face today.
How to register:
Individual Tickets: $40
Sponsorship: $500 (includes a table for 8)
Register today at www.sanduskycountyedc.net or click the link below!
| |
Local, County, and State News | |
U.S. Economic Development Administration Reauthorized After 20 Years | |
For the first time in 20 years, the U.S. Congress has reauthorized the Economic Development Administration (EDA), which is crucial for boosting economic growth in communities across the country. This bipartisan effort aims to update the EDA, which has played a key role in funding infrastructure, creating jobs, and supporting disaster recovery since 1965.
U.S. Secretary of Commerce Gina Raimondo stated that this reauthorization will help the EDA continue to provide the necessary resources for communities to grow and innovate. From January 2021 to November 2024, the EDA allocated nearly $6 billion to various projects, resulting in over 554,700 jobs and attracting $67.7 billion in private investment.
Key improvements from this reauthorization include:
- Better programs for local job training and workforce development.
- Creation of the Office of Disaster Recovery and Resilience to support areas affected by disasters.
- Updated rules for grants to make sure communities can quickly get the help they need.
This important decision, included in the Thomas R. Carper Water Resources Development Act of 2024, is expected to help the EDA continue its mission of driving job growth and supporting local economies in the face of new challenges and opportunities.
| |
College Technology Internship Program Applications Open for Summer 2025 | |
Opportunity for Businesses: Ohio Department of Development's College Technology Internship Program is Now Open for Applications!
Are you looking to enhance your team with fresh, innovative ideas and skilled tech talent? The Ohio Department of Development invites businesses to participate in its College Technology Internship Program. This program connects you with talented college students eager to contribute to projects such as app development, website upgrades, new software implementation, and cybersecurity improvements.
Why Consider Hiring an Intern?
- Cost Savings: The program reimburses two-thirds of each intern's wages, with a maximum reimbursement of up to $7,500 per intern.
- Team Expansion: You can hire up to 10 interns, providing your business with a strong influx of new ideas and perspectives.
- Competitive Edge: Access to the latest skills and talent can help drive your business’s success and keep you competitive in the market.
Key Dates for 2025
- Company Applications: January 6 – January 31, 2025
- Student Applications: February 3 – February 28, 2025
- Internships Period: May 1 – October 31, 2025
Don't miss the opportunity to build your business with top tech talent! For more information and to apply, visit the link below.
| |
Bureau of Labor Market Information Updates Employment Projections Dashboard | |
The Ohio Department of Labor Market Information has updated the Occupational Employment Projections Dashboard with the latest data! This interactive tool now features statewide projections for the 2022-2032 period, allowing users to explore top occupations based on growth, decline, and projected job openings.
The updated dashboard is an invaluable resource for career planning, business and workforce development, grant writing, and more. It utilizes key data sources, including:
- U.S. Department of Labor's Current Population Survey
- Current Employment Statistics (CES)
- Quarterly Census of Employment & Wages (QCEW)
- Occupational Employment and Wage Statistics (OEWS)
- National projections from the Bureau of Labor Statistics
Please note that all employment projections are subject to change and should be treated as trends rather than precise predictions, as unforeseen events may not be fully captured. Check out the updated dashboard for the latest insights!
| |
|
2025 Small Business Updates from the SBDC
| |
- Ohio Minimum Wage increased to $10.70 in 2025 for employers who gross more than $394,000.
- New Reporting Requirement starting January 1, 2024 update:
- Beneficial Ownership Information (BOI) reporting requirement and related penalties for non-compliance are temporarily on hold due to a federal court order which the Department of Treasury is appealing. The portal is still open for voluntary filing and it is free to file.
- IRS delays $600 1099k threshold again now set at $2,500 for 2025
- Senate Bill 98 passed to address deceptive mailings that mislead business owners, including UCC statement; annual report solicitation; and certificates of good standing, by requiring large and bold statements that these are not being sent by a government agency and providing the link to the Secretary of State where these documents can be filed.
| |
Small Business. Big Impact. | | |
|
SBDC - Small Business Basics Seminar
The Small Business Development Center's Small Business Basics seminar is free for anyone who wants to start, buy, or expand a small business.
| | |
|
Making Your Plan "Bankable" (Growth Capital)
Tuesday, January 14, 2025
12:00 p.m.
| |
Financial Wellness and How to Keep It
Tuesday, January 14, 2025
1:00 p.m.
| |
| |
|
Capital Readiness for Existing Businesses
Wednesday, January 15, 2025
10:00 a.m.
| |
Federal Contracting Resource Forum
Thursday, January 30, 2025
1:00 p.m.
| |
| |
|
Capital Readiness for New and Startup Businesses
Wednesday, February 5, 2025
10:00 a.m.
| |
Introduction to Selling to the Federal Government
Friday, February 14, 2025
10:00 a.m.
| |
|
|
BUILDINGS AND SITES
Sandusky County is a growing business hub that is well-positioned for investment, growth, and development. Strategically located in Northwest Ohio, Sandusky County is a prime location for businesses that are looking to locate/relocate or to expand, offering companies access to a large pool of talented workforce; affordable, flexible, and attractive real estate options; strategic access via an intermodal transportation network; and excellent education options.
| |  |
|
SANDUSKY COUNTY BUSINESS CONNECT
Sandusky County Business Connect connects local business owners ready to sell with aspiring entrepreneurs seeking new opportunities. The program provides a streamlined process for business owners to showcase their enterprises while ensuring confidentiality and curating pre-verified buyers. This initiative not only supports individual transitions but also strengthens the local economy, fostering a vibrant business community in Sandusky County.
| | |
|
LOCAL INCENTIVES
Communities in Sandusky County have a wide range of incentives available to assist new and expanding businesses.
- Enterprise Zone Program
- Community Reinvestment Area (CRA)
- Job Retention & Creation Incentive Income Tax Credit
- Opportunity Zone Program
| | |
|
STATE INCENTIVES
Grant funding and tax credits are among the most sought after incentives of new and expanding businesses. JobsOhio and the local municipalities within Sandusky County have programs in place offering these benefits to encourage business growth. These programs of varying focus are typically tied to job creation and new capital investment in fixed assets.
| | |
|
|
SCEDC News
Join The Insider Mailing List and receive the latest news from the Sandusky County Economic Development Corporation
| | | | | | |
