Impact Awards Winners

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The most impactful 2008 economic development projects as awarded at the Team NEO Economic Development Impact Awards on June 2, 2009 are detailed in this document.

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Northeast Ohio: Transformation Fueled by Innovation in Cleveland Plus Region

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ing a commitment to eliminate a burdensome tax system, Ohio in 2005 implemented full-scale, sweeping tax reform. Ohio's new business taxation model will mean a reduction in tax burden of up to 63 percent by 2010, the first year reform is fully implemented. Ohio's new taxation system means businesses can: Reduce operating costs – No tax on inventory or corporate income Enhance productivity – No tax on investments in machinery and equipment Attract talent – Shrink labor costs through a 21 percent reduction in personal income tax Enjoy a level playing field – All companies taxed the same low rate Boost return on investment – No tax on product sold to customers outside Ohio Reward entrepreneurship – First $1 million in gross receipts are tax-free; companies with sales between $150,000 and $1 million pay only a $150 flat fee

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Cleveland Plus International Destination

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This chart indicates projection that higher paying jobs will grow faster in Northeast Ohio. Key: The size of the bubbles in the chart correlates to the size of employment within the occupational group. Vertical scale shows average annual wage, with the gold bar indicating the Northeast Ohio average of $37,800. The horizontal scale shows the anticipated estimated employment change over the next 10 years.

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Team NEO welcomed 200+ regional business and civic leaders to our annual State of the Region event, sponsored by Akron-Canton Airport, AT&T and Dominion. The evening began with a "Pop Quiz" to see how well we know The Plus in Northeast Ohio, then we welcomed four of Team NEO's 25 recruited companies to the region. Finally, the main event was a moderated discussion featuring the mayors of Akron, Canton, Cleveland and Youngstown

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This article aims to demonstrate that the Lula government is faced with two major challenges in its effort to promote Brazil's economic and social development. The first challenge, of an economic nature, is represented by the obstacles that exist with the spending cap policy, despite the flexibility provided by the fiscal framework and the existence of an independent Central Bank, which make the Brazilian government unable to coordinate its fiscal and monetary policies, make public investments in the expansion of the economy and obtain macroeconomic stability and, the second challenge, of a political nature, is represented by the obstacles existing in the National Congress due to the fact that it does not have a majority in parliament, which prevents the federal government from putting its national developmental project into practice and fully meet social demands. For Brazil's progressive forces to re-elect President Lula in the 2026 presidential elections and obtain a parliamentary majority in the National Congress committed to political, economic and social advances, the Lula government will have to be successful on the economic front, promoting the expansion of the economy, increasing significantly generating jobs and income, keeping inflation under control and meeting the maximum social demands that benefit, above all, the country's underserved populations. Brazil's progressive forces need to commit, starting from the 2024 municipal elections, towards to elect the maximum number of mayors and councilors committed to Brazil's political, economic and social advances. These are the conditions to prevent, in 2026, right-wing extremists from regaining the Presidency of the Republic, expanding their participation in state governments and the National Congress and putting their nefarious anti-social and anti-national project into practice.

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