Schoeny Smith JRS ISIF

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Schoeny Smith JRS ISIF

  1. 1. Ohio Job Ready Sites Program (JRS)
  2. 2. JRS Overview <ul><li>Program created to fill gaps in Ohio’s inventory of readily available sites </li></ul><ul><li>Site Categories </li></ul><ul><ul><li>Manufacturing or Mega Manufacturing </li></ul></ul><ul><ul><li>Technical Center/Research Laboratory </li></ul></ul><ul><ul><li>“ Smart” Office </li></ul></ul><ul><ul><li>Existing Industrial Building </li></ul></ul><ul><li>Sites are held to rigorous site development standards </li></ul><ul><li>Sites are certified by Development and a third-party site selector upon completion </li></ul>
  3. 3. JRS Timeline – Funding Round 3 <ul><li>Fall 2009 </li></ul><ul><ul><li>Program Guidelines </li></ul></ul><ul><ul><li>Pre-application </li></ul></ul><ul><ul><ul><li>Provides preliminary feedback on projects </li></ul></ul></ul><ul><ul><ul><li>Participation not required </li></ul></ul></ul><ul><li>Winter 2010 </li></ul><ul><ul><li>Competitive application </li></ul></ul><ul><li>Fall 2010 </li></ul><ul><ul><li>Award announcements </li></ul></ul>
  4. 4. JRS Funding Round 3 <ul><li>Combined FY 2010 & FY 2011 </li></ul><ul><ul><li>$20 million available in competitive funds </li></ul></ul><ul><li>Industrial Site Improvement Fund Program rolled into JRS </li></ul><ul><li>High-Intensity Category </li></ul><ul><ul><li>Grants capped at $3.5 million </li></ul></ul><ul><ul><li>Typically moderate to significant infrastructure improvements </li></ul></ul><ul><ul><li>Certification required </li></ul></ul><ul><li>Low-Intensity Category </li></ul><ul><ul><li>Grants capped at $750,000 </li></ul></ul><ul><ul><li>Typically minimal or phased infrastructure improvements </li></ul></ul><ul><ul><li>Certification preferred but not required </li></ul></ul>
  5. 5. Questions? Steve Schoeny Director Strategic Business Investment Division (p) 614-728-9499 (f) 614-644-1789 Chad Smith Manager Office of Grants & Tax Incentives Strategic Business Investment Division (p) 614-387-1498 (f) 614-644-1789
  6. 6. Ohio Department of Development’s Incentive Update Steve Schoeny Chad Smith Strategic Business Investment Division Ohio Department of Development Wednesday, October 14, 2009

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