Ohio Investing In Cleveland Innovation District Patch 1/26/2021
CLEVELAND Ohio officials unveiled plans for the Cleveland Innovation District this week.
“The Cleveland Innovation District creates partnerships across different sectors of the economy and positions Ohio as a competitive place to invest in,” said Gov. Mike DeWine.
The project would bring together Northeast Ohio s health care providers and education institutions to create a pathogen research center. DeWine said the program could create 20,000 Ohio jobs over a decade, including 10,000 direct jobs in the health care and IT sectors and 10,000 indirect jobs. DeWine s office estimates the economic impact for Cleveland and Ohio will be $3 billion.
By Tom Moore
Jan 26, 2021
(Cleveland) - Ohio Governor Mike DeWine on Monday announced the establishment of the Cleveland Innovation District, a joint effort of state and local government, along with Cleveland Clinic, MetroHealth System, University Hospitals, Case Western Reserve University, and Cleveland State University.
The goal is to have all the organizations work together, in large part, to research infectious diseases, including coronavirus.
The state will kick in $265 million to get the initiative going. Cleveland Clinic will invest about $300 million.
Projections are for the project to create 20,000 local jobs in the next ten years. State officials say this could mean a $3 billion economic impact on this region. The project is being committed to by JobsOhio, the state s economic development arm.
The expected output over 10 years will create $3 billion in economic impact in Cleveland. Author: Ryan Haidet, Dave Dino DeNatale, Hope Sloop Published: 8:59 AM EST January 25, 2021 Updated: 11:21 PM EST January 25, 2021
CLEVELAND On Monday afternoon, Ohio Gov. Mike DeWine held a news conference detailing the creation of the Cleveland Innovation District.
The Cleveland Innovation District brings together Northeast Ohio’s world-class healthcare providers and education institutions with the goal of creating a pathogen center with global reach to improve the lives of millions of people. It will also generate more than 20,000 jobs in Ohio over 10 years. We’re expecting the Innovation District will create an estimated 20,000 jobs over the next 10 years 10,000 of these will be direct jobs in healthcare and high-tech industries throughout the region, DeWine said during the announcement. The other 10,000 jobs will be i
Through a $500 Million Partnership with the State of Ohio, JobsOhio and Ohio Development Services Agency, Cleveland Clinic Forms Global Center for Pathogen Research & Human Health
Funding supports research, education and 8,500 new jobs in Ohio
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CLEVELAND, Jan. 25, 2021 /PRNewswire/ As part of the new Cleveland Innovation District announced today by State of Ohio Governor Mike DeWine, Lieutenant Governor Jon Husted, JobsOhio and Ohio Development Services Agency, Cleveland Clinic will significantly expand its global commitment to infectious disease research and translational programs to form the Global Center for Pathogen Research & Human Health.
The new Center will position Ohio as an international leader for research into emerging pathogens and virus-related diseases and will serve as a significant economic catalyst in Northeast Ohio. Funding comes through a $500 million investment from the State of Ohio, JobsOhio and
Personal View: Cleveland must innovate to make things better, not worse
RICHEY PIIPARINEN
Richey Piiparinen
On March 6, 2020, JobsOhio the state s economic development agency announced a partnership with the University of Cincinnati and Cincinnati Children s Hospital Medical Center that would bring $100 million of investment in the creation of the Cincinnati Innovation District, designed to serve as a blueprint for the state and ensure Cincinnati becomes a magnet for talent that attracts Fortune 500, mid-size and developing startup companies, notes the JobsOhio announcement.
Now, it s Cleveland s turn. A local consortium recently announced a developer, Baltimore-based Wexford Science and Technology, was chosen to build Cleveland s innovation district, which is set to run down the Health-Tech Corridor in Cleveland s Midtown neighborhood. No doubt, the capital investment at play here is an opportunity. Cleveland has to get it right. Getting it right entails explaining wha