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Cuyahoga County: Where Economic Development Thrives

by Ted Carter , Chief Economic Development & Business Officer
group of people smiling in front of a screenCuyahoga County is enjoying a recent resurgence in national attention on many fronts as an economic hub for health care services (for which it is recognized globally). We have the center of healthcare innovation; a well-organized startup and early-stage funding ecosystem; we are a fresh water and innovation capital and an advanced manufacturing hub. We provide tourism, recreation, and convention centers and are a center of transportation, distribution, and logistics. We are home for nationally-recognized arts and culture and a location for an attractive quality of life and a strong higher-education system that includes a nationally-ranked private university.

This attention has resulted in several notable successes. In 2017, the Plug & Play Startup Accelerator, based in Silicon Valley, made its second healthcare home in Cleveland, at our Global Center for Health Innovation. Our region was selected to host the 2016 Republican National Convention with delegates and national media reporting a very positive experience. Greater Cleveland is also ranked as a top-ten Region for Millennials. There is broad consensus that now is the moment to catapult the region to regain our former national economic prominence.

2016 Republican National Convention venueAs Cuyahoga County’s Chief Economic Development and Business Officer, it is the charge of my office, through community development and housing, economic development and workforce innovation, to carry out County Executive Armond Budish’s mission, vision, and goals to lead regional growth and economic opportunity. One way we carry out this mission is through Cuyahoga County’s Five Year Economic Development Plan. We are advised by a panel of regional economic leaders, known as the Cuyahoga County Economic Development Commission. You can read the current Five Year Plan here.

In 2017, Cuyahoga County funded 54 economic development projects that created 734 new jobs and retained 518 existing jobs. In the first quarter of 2018, County funding supported 19 projects creating or retaining a total of 183 jobs. We constantly strive to improve our work in support of regional growth and opportunity. For more information on how Cuyahoga County can help your business grow, I invite you to call Paul Herdeg, Director of Strategic Planning and Analytics, at (216) 443-7257.