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Together, we can grow businesses,
create jobs and build prosperity
for everyone in the 18 counties of
Northeast Ohio.
Erie
Huron
Richland
Ashland
Lorain
Medina
Wayne
Summit
Cuyahoga
Lake Ashtabula
Trumbull
Portage
Geauga
Mahoning
ColumbianaStark
Tuscarawas
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TEAM NEO is an
economic development
organization accelerating
business growth and job
creation throughout the 18 counties of Northeast Ohio. We work
to generate more jobs faster for more people, retain existing jobs,
create a more inclusive workforce, and attract new investment
to build a more robust and equitable regional economy.
HOW WE DO THIS: Accelerate regional competitiveness. As the
JobsOhio Network Partner, Team NEO aligns and
amplifies local economic development efforts in
Northeast Ohio’s 18 county region to create jobs and
build a more robust economy.
Drive solutions with data. Team NEO conducts
research and data analysis to inform local
conversations and influence solutions to grow the
regional economy.
Promote Northeast Ohio together. Team NEO offers
local partners a bigger, more powerful platform to
share their successes, market their assets and attract
more investment.
Create equitable economic growth. Team NEO
works to increase access to jobs, education and
training for the region’s 4.3 million people, while building
a more appealing investment environment.
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76 announced projects that will generate 6,329In 2018, JobsOhio and the Northeast Ohio Economic Development Network worked on
new jobs
an
d
$2.34 billion in capital investment.
Since 2015, there has been a consistent increase in the number of jobs and payroll created, as well as in capital investment.
300Team NEO, JobsOhio and partners worked on more than projectswith companies that will generate
almost 24,000 new jobsfor Northeast Ohio,
in annual payroll
more than
billio
n$1.1 in capital investment.
$5.5 and almost
bill
ion
We’re making progress.
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• Team NEO’s role is to see the big picture – to align and
amplify the economic development work happening
locally in order to create jobs and build prosperity for
everyone in our communities.
• Team NEO
provides big
cities, small towns
and economic
development
organizations
data-driven
insights, marketing
resources and
more to help
them attract and
grow business.
• Team NEO is the designated JobsOhio network partner,
helping companies leverage the complex economic
development system in Northeast Ohio. We assist with
industry expertise, incentive programs, regulatory issues
and workforce systems.
TEAM NEO ADVANCES NORTHEAST OHIO
NORTHEAST OHIO’S ECONOMIC DEVELOPMENT NETWORKS
Talent and Workforce JobsOhio
Team NEO
Local Economic
Development Teams
Start-up and Scale-up
Organizations
Regional Economic
Development Organizations
Research and Higher Education Institutions
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We are building regional
innovation clusters by connecting
companies, academic and
research institutions with
opportunities to collaborate
and take advantage of new
technologies, such as additive
and smart manufacturing, that
build on the industrial, organizational and workforce
strengths of the region.
We Advance Technology Adoption
Smart ManufacturingIndustrial Internet of Things (IIoT)
Roadmap for Northeast Ohio
EXECUTIVE SUMMARY2019
I IoT Leadership Team
GENEROUS SUPPORT PROVIDED BY:
Prepared by
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Our talent gap research provides
an in-depth look at the supply-and-
demand imbalance of Northeast
Ohio’s workforce. Higher education
and job training programs are
using our Aligning Opportunities
report to assess
priorities, train
workers and bridge the gap.
We Address the Talent Supply/Demand Gap
Aligning Opportunities
in Northeast Ohio
A Resource to Aid in Addressing the Demand and Supply Imbalance
in the Region’s Workforce
PREPARED BY Team NEO
Executive Summary2019 REPORT
IN PARTNERSHIP WITH Delta Dental WITH GENEROUS SUPPORT BY
Aligning Opportunities
in Northeast Ohio
A Resource to Aid in Addressing the Demand and Supply Imbalance
in the Region’s Workforce
PREPARED BY Team NEO
Executive Summary2019 REPORT
IN PARTNERSHIP WITH Delta Dental WITH GENEROUS SUPPORT BY
We Grow a Pipeline of Competitive Sites
We are the link to identify available land sites
and buildings in Northeast Ohio. NEO Right Sites
showcases our most competitive properties, including
those in job hubs and opportunity zones, that have
been thoroughly vetted to
mitigate risk and increase speed
to market.
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Our research team provides
relevant data about the
region’s workforce, supply
chain, transportation,
market and competitiveness
to help businesses make
location decisions.
Our insights on talent,
technology, equity and site selection inform
conversations, influence solutions and impact
regional growth.
We Deliver Data Insights and Drive Solutions
PLUS REVIEW FEBRUARY 2019Quarterly Economic Indicators 18 Counties of Northeast Ohio
Manufacturing continues to play a pivotal role in Northeast Ohio’s economy. This Quarterly Economic Review explores the evolution of this industry, providing insights into the region’s manufacturing sector plus a snapshot of economic activity during the second quarter of 2018.
264,000MANUFACTURING WORKERS
21,000MANUFACTURING OPENINGS ANNUALLY
ACROSS NORTHEAST OHIO:
Chemical subsector strong at $7 Billion
Oil & Gas averages highest output per worker
Regional Exports top $87 Billion
Manufacturing makes up 20% of NEO’s Gross Regional Product
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1111 Superior Avenue, Suite 1600Cleveland, Ohio 44114888.NEO.1411 www.teamneo.org
Network coordination and business development transactions
Promoting Team NEO, the economic development system, and Northeast Ohio
Talent alignment and research
Emerging technology clusters
Priority sites and job hubs
Join Us.
Join Team NEO as a partner and help drive the next wave of economic growth in the region. Partner funds are used to support domestic and international business attraction efforts, insightful research that drives solutions, talent attraction and more. Together, we can grow businesses, create jobs and build prosperity for everyone in our communities.
USES OF INVESTMENTSINVESTOR SOURCES
•Corporate
• Economic Development Partner
• Philanthropic
• JobsOhio
• Government
41%25%
13%
12%9%