Ohio Laying Foundation for Growth
ToledoBlade.com - July 28, 2008 - Nicole Thomas
Despite recent negative press about the economy, Ohio’s entrepreneurs and small-business owners should take pride in the many statewide efforts to cultivate entrepreneurial activity. In fact, Entrepreneur Magazine ranks Columbus third in the Midwest and 13th in the United States for “Hot Cities for Entrepreneurs.” With a strong entrepreneurial heritage and leading-edge resources, Ohio offers entrepreneurs a place to take root and grow their businesses.
The Small Business Development Centers of Ohio, housed in the Ohio Department of Development’s Entrepreneurship and Small Business Division, is an economic development program funded by the U.S. Small Business Administration, the Ohio Department of Development, and select universities, chambers, and other economic development agencies.
In 2007, the 37 statewide SBDC centers provided free, confidential, in-depth counseling to 8,526 entrepreneurs and small business owners, and conducted no or low-cost training to 12,650 small business owners. The SBDC network created and retained more than 48,000 jobs in 2007, resulting in a total economic impact on Ohio’s economy of more than $20 billion.
The SBDC also partners with the Ohio Department of Education to expand opportunities to learn about entrepreneurial thinking with middle and high school students. This partnership supplements the entrepreneurship events already offered by the SBDC centers and their university hosts to high school and college students, as well as through such organizations as the Ohio Business Week Foundation.
In February, the Ohio DOD’s Entrepreneurship and Small Business Division, the Small Business Development Centers of Ohio, the Consortium for Entrepreneurship Education, the Ohio Entrepreneurship Coalition, and the Ohio Department of Education co-sponsored a one-day expo as part of Ohio’s National Entrepreneurship Week celebration.
As you can see, Ohio is very busy in laying the foundation in becoming a great destination for entrepreneurs.