News Archive

SBA Funds Three New Regional Innovation Clusters

WASHINGTON – The U.S. Small Business Administration (SBA) announced today the addition of three new clusters to the portfolio of communities it supports through the Regional Innovation Clusters initiative, raising the total number of clusters in the program to fourteen.

SBA Deputy Administrator Douglas Kramer“Clusters are public-private partnerships that are driving innovation and job creation in our most promising regional hubs,” Deputy Administrator of the SBA, Douglas Kramer explained.  “SBA has built a strategic infrastructure of financing and consulting resources in key regions to help new companies launch and small companies grow, particularly in underserved communities across the country. We’re unleashing the full potential of entrepreneurs who are developing cutting-edge products and processes that will help ensure American global competitiveness, creating supportive environments for small businesses in regions with the most need.”

The three new Regional Innovation Cluster awardees were selected from more than…

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Region’s oil and gas drilling activity slows, as oil prices stay low

SALEM, Ohio — The number of permits issued for new shale wells continues to drop, not just in Ohio, but in West Virginia and Pennsylvania as well. To show how much the drilling and well permitting is slowing down, take a look at Bradford County where the shale boom began in 2008.

The Pennsylvania Department of Environmental Protection issued just three permits during September in Bradford County, compared to 36 in September 2014. There were 12 permits issued in Bradford County in August and 30 in June. The DEP reports a total of 201 wells permitted in the county since the beginning of January. The DEP also reported there were seven wells drilled there during September and 42 wells have been drilled in Bradford County since the beginning of the year.

In West Virginia, the permits by the Department of Environmental Protection also declined: The DEP issued only five shale permits in September. And in Ohio,…

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SoleChoice honored for National Manufacturing Month

SoleChoice, a manufacturer of narrow fabrics, specializing in shoe laces as well as shoe care and foot care retail programs, located on Murray Street in Portsmouth has been named as one of five companies to be recognized during October — National Manufacturing Month — by the office of Secretary of State Jon Husted.

“What it says is we are a premium company as far as job creation and growth,” SoleChoice Vice President of Sales Bryan Davis said. “We have a unique product as well – something we can be very proud of – because mostly what we do is done down south, but the state likes to recognize companies with unique products; companies that have created jobs; companies that are growing the industry. Those are the reasons behind them selecting us.”

Davis said the state goes through a vetting process before choosing a company to single out.

“They have recognized us as premium…

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River strategy released

Recently JobsOhio, along with a number of supporting agencies, released their strategy to market available sites for development along the Ohio River. Local officials are pleased with the strategy because it highlights the area, and the strategy was unveiled at an Ohio Freight Conference in Cincinnati.

The strategy can be found on the website of the Appalachian Partnership for Economic Growth (APEG). The website includes GIS info, mileage marker info as well as other relevant information.

“The strategy is basically to provide as much info as possible on sites on the river, such as gas, sewer, water, sewer, fiber optic; spec. buildings, road and river access – try to quantify those sites which have those or a lot of those assets. Kentucky, Cincinnati, and Pennsylvania had representatives in the room and they all indicated that they do not have a site like that…

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