Wednesday, October 21, 2009

New Jobs NOW

With so much talk of casinos and the Cleveland Medical Mart, is there a “Silver Bullet” to creating new jobs NOW in Cleveland Plus?

Last week, Jay Miller of Crain’s Cleveland Business wrote an article called “Coming Attractions” about Team NEO’s work. It is our job at Team NEO to attract new jobs to Northeast Ohio. This year alone, we’ve brought 749 new jobs to the region in the 5 new companies we attracted with our regional partners. In fact, since Team NEO began this work in January 2007, we’ve brought 3,000 new jobs in total. That’s $95 million in new annual payroll and $175 million in annual regional economic impact - createing incremental tax benefits and personal opportunities for families across the 16 counties of Northeast Ohio - just when we need it most.

Our work isn’t “sexy,” and you won’t find it on a ballot in November. We don’t run big billboard or glitzy television ads – frankly, we can’t afford it. The 3000 new jobs we’ve helped create were all accomplished with a modest $3 million annual budget. In case you’re counting – that’s a 20:1 Annual Return on Investment for the community. These efforts aren’t “Silver Bullet” activities. Rather, they are the combined, day-in and day-out efforts of Team NEO’s 15 hard-working staff people, our 6 chamber/economic development partners, 16 counties, our amazing funders, and the hundreds of communities that are tirelessly working to create new jobs every day.

We’re proud of our organization’s “results”. But more importantly, we’re honored to serve this great region of our 4 million neighbors by helping Northeast Ohio workers and families find long-term sustainable jobs NOW - and in the future

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