Leader Strahorn Announces Nearly $3M To Help Grow And Develop Local Business Startups
Dayton Entrepreneurs Center to become West-Central Ohio's lead Third Frontier ESP"
May 08, 2017
 
[ Fred Strahorn Home | Fred Strahorn Press ]
 
 

House Democratic Leader Fred Strahorn (D-Dayton) today announced the release of $2,900,000 in state funds for The Entrepreneurs Center, Inc. (TEC) in Dayton to advance new start-up companies by connecting them with investors, business advisors, legal services, talent recruitment and temporary incubators through the Ohio Third Frontier Entrepreneurial Services Program (ESP).


“Creating good-paying jobs that sustain middle-class families starts with small businesses, and it starts in places like Dayton, Ohio,” said Leader Strahorn. “The fact that the state and public bonds are key to this critical investment, highlights the important role government plays in encouraging targeted growth and innovation in our economy.” 


The Ohio Third Frontier ESP, supported by public bonding since 2007, represents a comprehensive, coordinated network of resources around the state, where entrepreneurs with a startup technology company can access new networks and resources to help bring new ideas to life.


TEC of Dayton/Miami Valley has over a decade of success as technology accelerator and business incubator, offering services such as mentoring, strategic growth planning and investment counseling. State funds will be used to expand and enhance TEC, making it the lead ESP organization in West-Central Ohio and assisting the growing number of potential small businesses in the community. 

 
 
 
  
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House Dems Respond To GOP's Proposed Wage-killing Unemployment Restrictions

 

The Ohio House Democratic Caucus today responded to the newly unveiled GOP unemployment compensation bill that freezes unemployment compensation for ten years, increases unemployment insurance tax rates from .02 to .03 percent for employers, and adds a new ten-percent tax on employees.

“As Americans we believe in getting paid for the work you do. But now, after helping to build our bottom line in Ohio, working people will take home less pay for doing the same job under this legislation,” said House Democratic Leader Fred Strahorn (D-Dayton). “That’s wrong.”

The legislation also reduces the amount of time a person remains eligible for unemployment insurance by two weeks, from 26 to 24.

“An automatic pay cut is not what most families and people have in mind when I talk to them about the priorities at their statehouse,” added Leader Strahorn. “People are concerned about owning a home, sending kids to school and trying to save what they can to get ahead.”