At your Toledo Chamber, we're proud to have a diverse and varied community of members. One such member is Kieffer & Associates, LTD and its President & Chief Advisor William E. "Bill" Kieffer. After Kieffer & Associates, LTD joined the Toledo Chamber membership community, we sat down with Bill to discuss who he is and what his business does and what makes the Toledo Region such a great place to do business. Check out this New Member Spotlight video with Bill Kieffer of Kieffer & Associates, LTD.
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About the grant
The State of Ohio and the Ohio Manufacturers’ Association (OMA) have been awarded a three-year, $23,492,808 federal grant through the U.S. Economic Development Administration’s (EDA) $500 million Good Jobs Challenge program. The initiative aims to strengthen workforce partnerships that lead to well-paying jobs. Awardees were announced by EDA Aug. 3. The OMA-State of Ohio proposal is one of 32 grants funded nationwide.
The Northwest Ohio Manufacturing Alliance (NOMA), funds are part of a $23.5 million grant awarded to the Ohio Manufacturers Association for a 3-year workforce development action plan focused on recruiting and upskilling manufacturing workers across the state.
The Ohio Department of Transportation (ODOT) officially broke ground on the new 20A/I-475 interchange on June 29. Construction on the interchange and widening of I-475 is expected to be completed in December 2024. This has been a long time priority for the Chamber and our partners in the region to support economic development and improve access to existing and future businesses. More information about the project is available on ODOT’s project website and will be updated as the project progresses.
Welcome to one of our newest members who joined in April 2022, Cornerstone Community Financial! We are so proud to welcome new businesses and business leaders to our Chamber member community, and not only is Cornerstone Community Financial a new member, its branch here in the region is brand new as well. While we encourage you to stop in and welcome this great member to our community, we invite you to get to know the Cornerstone Community Financial team a little more through this New Member Spotlight.
Somehow, July has passed us by and we are already in August 2022. But here at the Toledo Regional Chamber of Commerce, we always have a slate of exciting events for you to look forward to no matter the month. As we celebrate the start of a new month, we also invite you to celebrate our newest members who joined the Toledo Chamber business community in July. To new members and members who have been with us for a while, we hope to see you at an upcoming event or engaging with us here at the Chamber soon!
Energy Market Update
Summer 2022 started off with a sizzle, bringing multiple 90-degree days and an abundance of sunshine. The scorching temperatures mean the air-conditioning is cranked up and energy usage is on the rise. Electric and natural gas prices are higher than this time last year, so it’s important to prepare and protect against market volatility. Contact your CES representative, Emilie Snider, today to be sure your business is ready to beat the heat. [email protected] or 419 491-1017 Content provided by the Northern Ohio District Office of the SBA (U.S. Small Business Administration)
For over 2 years, the COVID-19 Economic Injury Disaster Loan program provided funding to help small businesses recover from the economic impacts of the COVID-19 pandemic. In that time, over 3.9 million loans totaling over $378 billion were approved across the country. In Northern Ohio, the Small Business Administration approved over 40,000 loans totaling more than $1.8 billion to be used as interim working capital and for other normal operating expenses. The program effectively ended the first week of May 2022. As of May 6, the SBA was no longer processing COVID-19 EIDL loan increase requests or requests for reconsideration of previously declined loan applications due to a lack of available funding. As of May 16, the COVID-19 EIDL portal closed. Borrowers who need copies of their loan documents can still contact Customer Service at (833) 853-5638. Please allow at least 5 business days to receive your materials. So, What Comes Next? Happy July, Toledo! Summer is in full swing, and that means we’re gearing up this month for Clambake 2022 presented by PNC – one of our most exciting and hottest events of the year. But before we tell you all about what you’re going to see, taste and experience at the Toledo Zoo & Aquarium for this year’s Clambake, let’s take a look back and celebrate our newest members who joined the Toledo Regional Chamber of Commerce business community in June 2022. When you visit these businesses or connect with their team and leaders, please be sure to offer them a warm welcome to our community.
Senate Bill 225 was signed by Governor Mike DeWine on June 14. The Chamber advocated for language that increases the amount of nonrefundable Opportunity Zone credits that may be issued, to $75 million in the July 2021-June 2023 biennium, up from $50 million. There are more than 20 Opportunity Zones located in Lucas County.
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