This genteel town just south of the Ohio River features a number of charming treasures including the lively MainStrasse district with its trendy bars, pubs and restaurants as well as beautiful homes stretched along the river beneath the strikingly modern architecture of the architectural jewel, the Ascent at Roebling's Bridge, designed by Daniel Libeskind. Covington is experiencing a renaissance with new shops, restaurants and condos opening along Madison and Pike Streets, and a burgeoning Arts District that acts as the cultural glue that binds the city's charm to its proud denizens. Plus, its successful startup scene is attracting entrepreneurs, especially in emerging informatics and data-driven industries thanks to the UpTech business accelerator.
Waste not inkjet cartridges, want not eLumber. Close the Loop (CTL) unveiled its patented Green Machine, a cutting edge gizmo used to recycle inkjet cartridges, during a ribbon cutting celebration […]
No one knows what the future holds for our economy but Cincinnatian’s are rediscovering their local libraries as valuable resources when budgets are tight. Northern Kentucky and Cincinnati are home to some of the largest and most successful libraries in the nation with services that may just surprise you.
Welcome to Thrive!, Northern Kentucky Tri-ED’s monthly electronic newsletter on Economic Development activities. Thrive! will provide you with the latest news and information from Northern Kentucky, located in the Cincinnati Metro area. We are excited about our community, recent business development and new and expanding businesses throughout the region – and we want you to know about Northern Kentucky - Opportunity Central!
Japan is the largest source of foreign direct investment in greater Cincinnati. However, it’s not all business. There is a thriving Japanese community that has grown up around the Toyota-centric northern Kentucky economic base, which has forged strong cultural ties between the Bluegrass State and the Land of the Rising Sun.
Duke Energy sponsored a forum yesterday at the Queen City Club that was an opportunity for consultants and governmental leaders to network and to learn the latest strategies in economic development in Ohio and Kentucky.J.R. Wilhite, commissioner in the Department of New Business Development for the Kentucky Cabinet for Economic Development, says that regardless of all of the innovations and new technologies on the horizon, it still comes down to "blocking and tackling"."Economic development is changing," he says. "But just like football has changed with its many rule changes, so must we."Wilhite says that one of his state's strategies has been a greater focus on Europe, where the Kentucky has contracted with ROI to research the continent's firms and to make initial contact.Steve Schoeny, director of the strategic business investment division of the Ohio Department of Development, says that Ohio not only needs to do a better job of telling its story, but of developing its workforce as well."Our services are of a national caliber," he says. "However, the system for delivering those services is not."Schoeny says that Ohio economic development will improve by attracting and retaining young talent through initiatives such as Ohio Means Home and the Ohio Young Talent Network, properly training state staff to focus on clients rather than individuals, and setting up a culture of customer service.Marti Bremer, senior manager of state and local tax for KPMG, LLP, gave an overview of some of the domestic trends in economic development, including the targeting of industries, benchmarking, giving monetary incentives, public/private partnerships, entrepreneurship programs, development of shovel-ready sites, and workforce development.Managing director Greg Burkart, of the Novi, Michigan office of Duff & Phelps, provided some insights on economic development websites from the client point of view."You may be ruled in or ruled out long before you know it just based upon what information is publicly available," he says.The final speaker, vice president and director of Austin Consulting Don Schjeldahl, says that alternative energies such as photovoltaic, concentrated solar, and wind power are poised to make significant gains in the next 10 to 15 years, and the geographical pattern for how those industries will be defined has not yet been set."If you don't have your act together, you're going to miss the window," he says.Schjeldahl says that there are still opportunities for Ohio, if they can create market demand for the new technologies and can create awareness of and preparedness for sustainability in the state's communities.Writer: Kevin LeMasterSources: J.R. Wilhite, commissioner in Department for New Business Development, Kentucky Cabinet for Economic Development; Steve Schoeny, director of Economic Development Division, Ohio Department of Development; Marti Brenner, senior manager of state and local tax, KPMG, LLC; Greg Burkart, managing director, Duff & Phelps, LLC; Don Schjeldahl, vice president and director, Austin Consulting
National healthcare evaluator, HealthGrades, has awarded St. Elizabeth Medical Center, of Northern Kentucky, five star ratings – the highest possible – in six categories. This secures St. Elizabeth’s spot in the top one percent of the nation’s hospitals for the sixth consecutive year.St. Elizabeth’s orthopedics, pulmonary and spine surgery standards place in the top five percent in the country, and its gastrointestinal and critical care in the top ten percent. Excellence has been the standard at St. Elizabeth Medical Center for some time now. Alongside these superb ratings, St. Elizabeth is also the first and only hospital in the Greater Cincinnati region to earn Magnet T status, the highest international standard for nursing.With all these points tallied, this study considers St. Elizabeth one of the nation’s top 50 hospitals – a good thing since a stay in one of the best improves survival rates by 70 percent, according to the HealthGrades study.The results of this national study, which include ratings for almost every hospital in the country, are available for free at . Writer: Jonathan DeHartSource: St. Elizabeth Medical Center of Northern Kentucky
Four Northern Kentucky start-up companies received $25,000 grants through the Northern Kentucky ezone. The companies include: DiabetiTec, an emerging medical device company; Beneficiency One, a benefits software company; World e Business Solutions, a real estate software company; and Dito Solutions, a financial services software company. Statewide in Kentucky, nearly $1.5 million was distributed to companies in the form of grants and investments/convertible notes from the Kentucky Enterprise Fund. A new round of funding opened last week and applicants can apply for grants of $30,000 or other funding options ranging from $100,000 to $750,000 toward commercializing high-tech, high-growth companies and ideas. The grants are for creating and marketing new products, technologies and processes. For more information or to begin an application, contact Keith Schneider at the Northern Kentucky ezone at 859-292-7785 or visit www.startupkentucky.com. Created in 2001, the ezone is a division of Northern Kentucky Tri-ED and has a mission accelerating start-up, emerging and existing high-tech businesses. Writer: David HolthausSource: Cheryl Besl, Northern Kentucky Tri-ED
Three years ago, professional dancers Cervilio Amador and Gema Diaz made the decision to leave their homes and families and defect to the United States from Cuba. Their decision brought them to the Queen City where dancing for the Cincinnati Ballet has given them a new home.
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