In Lorain County you will find an abundance of resources to meet your needs. Our communities, organizations, and businesses work together to create an environment that is ready to help you grow your business, and make it more efficient.

In addition to standard incentive packages, our team specializes in fast-track, creative and flexible incentives. In 2007 we provided resources for screening, interviewing, and hiring new employees, as well as the space and technology to train them as needed. This allowed a global business process outsourcing company to hire and train over 800 employees in a three-month span. Our team is ready and willing to partner with you in the site selection process, and throughout your firm’s long and prosperous life in Lorain County.

Here's why we're different:

• Fast and Complete Inquiry Response
• Partnership and Service
• ED Team that moves at the speed of business
• One Point of Contact
• Available Workforce
• Creative and Flexible Incentives
• Low Cost of Doing Business

Key Industries: Our talented workforce and strong supply chain representation allow us to be a premier location and leader for:

Aerospace Agribusiness Automotive Bioscience Energy

Logistics Manufacturing Polymers and Plastics Professional / Financial Services Advanced Energy

Financial incentives such as low interest financing can be found through:

• Lorain County Port Authority
• City of Lorain Port Authority
• Lorain County Community Development
• Community Finance and Incentive Programs

State Tax Reform:

Ohio is executing reform that substantially lowers the cost of doing business in the state – with the goal of the lowest taxes in the Midwest by 2010.

Ohio’s comparable rankings to state competitors are expected to dramatically improve with the 2010 conclusion of the state’s five-year tax reform plan. Ohio will become even more competitive, not only when compared with primary coastal markets,but also among the cohort of states with which Ohio routinely vies for business. Tax reform will

• 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
  

Entrepreneurs and Small Businesses

If you are an entrepreneur or a small business, the Great Lakes Innovation and Development Enterprise (GLIDE), Small Business Development Center (SBDC), and the Innovation Fund of the LCCC Foundation can provide grants, access to capital, business assessments, technology/staffing support, access to legal counsel, educational resources, management mentoring and strategic business guidance.

County-Wide Business Retention and Expansion Program

Once you locate your business here, the relationship is just beginning. Our team of Lorain County Growth Partnership representatives will actively maintain communications with you, to ensure that any and all resources available to assist your business are known and made available. We know and understand the issues that you deal with on a daily basis, and are there as your partner to open doors and to assist you in your growth plans. In Lorain County we respect and appreciate our businesses, and work hard to keep them happy.