The Ohio Job Ready Sites Program was created to bolster the State of Ohio's portfolio of commercial and industrial developable sites. Properties in this program were strategically chosen for their ability to provide optimal infrastructure capabilities and attract economy-shifting investment. Funds from the Ohio Job Ready Sites Program were targeted to offset costs traditionally incurred in speculative commercial and industrial development to accelerate investment decisions and to maximize the development potential of each property.
Projects that receive funding from the Ohio Job Ready Sites Program must satisfy stringent industry standards in order to receive Certification. These standards were developed by the Ohio Development Services Agency and third party engineering and site selection firms with numerous years of experience in commercial and industrial development. An Ohio Job Ready Site Certification ensures future investors that the property meets site selection standards and includes the necessary attributes demanded by today's leading corporations.
Below is a summary of the program’s four funding rounds.
13 grant applications received funding totaling $15 million under the fourth round of the program. The project categories included six discretionary projects, four manufacturing projects, two existing industrial building projects, and one technical center/research laboratory project.
Of the applications received, 14 received funding totaling more than $29.8 million under the third round of the program. The project categories included nine manufacturing projects, four technical center/research laboratory projects, and one existing industrial building project.
Thirteen grant applications received funding totaling more than $48.5 million under the second round of the program. Project funding included five manufacturing projects, four smart office projects, one mega manufacturing project, one technical center project, one existing industrial building project, and one acquisition project.
Round One (FY06 & FY 07)
Twenty grant applications receiving funding assistance in the first round of the program, totaling $60 million at an average of $3 million per project.