Ohio Gov. Ted Strickland has unveiled a new strategic plan for economic development that calls for boosting the per capita income of Ohioans and increasing job growth to a level that’s 25 percent higher than the five states surrounding Ohio.
“We can’t be first in the nation until we’re first in the Midwest,” said Lt. Governor Lee Fisher, who detailed the new strategic plan at a noon press conference Wednesday.
Fisher described several new programs aimed getting Ohio companies to expand their business ties to each other, helping companies find employees who have Ohio ties but now live out of state and establishing incentives to get companies to locate near “knowledge centers,” including research universities and centers for advanced manufacturing technologies.
The new program, dubbed “Ohio Hubs of Innovation and Opportunity,” will take several years to develop, said Fisher, who is also director of the Ohio Department of Development.
Details of the strategic plan can be found here. Among its other goals are to increase population among Ohioans ages 25-64, boost venture capital investment in Ohio and grow the state’s inventory of “development-ready sites” from the 3,744 acres now available to 15,000 by 2020.
Fisher declined to detail the cost of the program, but said it would be funded through the Department of Development’s existing operating budget.
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