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State Economic Development Wing to Double Spending Next Year
By: Associated Press
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The head of Oho’s private economic development corporation says the organization will double its spending down the road.
J.P. Nauseef is the head of JobsOhio, which pursues job opportunities for the state. Gongwer News Service reports that Nauseef says spending will hit around $300 million on loans and grants per year in the future compared to about $150 million spent annually now.
Nauseef told the JobsOhio board at its recent quarterly meeting in Youngstown that one goal is to work on retaining and expanding the federal workforce in the state. That effort would cost $3-5 million a year.