Nonprofit Unit to Handle Certain Grants and Business Loans in Ohio

By: Associated Press Email
By: Associated Press Email

COLUMBUS, Ohio (AP) -- Business loans and certain grants once handled by the state Department of Development will soon be taken over by a new nonprofit entity called JobsOhio.

State officials outlined some job-creation functions that will move from the state-run department to the semiprivate JobsOhio during a meeting Tuesday with business leaders and elected officials in Dayton.

The west-central area is one of six economic development regions that the state will be divided into under JobsOhio.

Gov. John Kasich created the nonprofit corporation earlier this year to create and keep jobs in Ohio. He says government's processes can be too cumbersome.

Officials say some duties from the department will move to JobsOhio over the next several months. As part of the restructuring, the department is being renamed the Ohio Development Services Agency.

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