Team NEO

Team NEO is a regional economic development organization that serves Northeast Ohio, including Cuyahoga County, Summit County, Stark County, Portage County, Geauga County, Lake County, Lorain County, Medina County, and Ashtabula County. Team NEO works closely with JobsOhio, Ohio Development Services Agency, and other economic development organizations to promote business growth and job creation in the region. The organization's efforts are supported by Northeast Ohio's major universities, including Case Western Reserve University, Cleveland State University, Kent State University, and University of Akron. Team NEO also collaborates with regional chambers of commerce, such as the Cleveland Chamber of Commerce and the Akron Chamber of Commerce.

● Introduction

Team NEO is a non-profit organization that aims to promote economic development in Northeast Ohio by attracting new businesses, retaining existing companies, and fostering innovation and entrepreneurship. The organization works with local governments, business leaders, and educational institutions to create a business-friendly environment that supports job growth and regional prosperity. Team NEO's efforts are guided by regional economic development strategies, such as the Northeast Ohio Regional Economic Development Strategy, which was developed in collaboration with Northeast Ohio's regional planning organizations, including the Northeast Ohio Areawide Coordinating Agency and the East Central Ohio Regional Planning Commission. The organization also partners with state agencies, such as the Ohio Department of Development and the Ohio Department of Transportation, to leverage state resources and funding opportunities.

● History

Team NEO was established in 2003 as a regional economic development organization, with the goal of promoting economic growth and job creation in Northeast Ohio. The organization's founding members included Cuyahoga County, Summit County, and Stark County, as well as several private sector companies, such as KeyBank, FirstEnergy, and Goodyear Tire and Rubber Company. Over the years, Team NEO has worked with hundreds of companies, including Ford Motor Company, General Motors, and Procter & Gamble, to attract new investment and create thousands of jobs in the region. The organization has also collaborated with regional educational institutions, such as Cleveland State University and University of Akron, to develop workforce development programs and support regional innovation initiatives.

● Organization

Team NEO is governed by a board of directors that includes regional business leaders, elected officials, and educational institution representatives. The organization's staff is led by a president and CEO, who is responsible for implementing the organization's strategic plan and overseeing its day-to-day operations. Team NEO also has several committees and task forces that focus on specific areas, such as business attraction, workforce development, and regional marketing. The organization works closely with regional partners, including the Cleveland Foundation, the George Gund Foundation, and the Surdna Foundation, to leverage philanthropic resources and support regional initiatives.

● Mission_and_Objectives

Team NEO's mission is to promote economic growth and job creation in Northeast Ohio by attracting new businesses, retaining existing companies, and fostering innovation and entrepreneurship. The organization's objectives include creating thousands of new jobs, attracting hundreds of millions of dollars in new investment, and supporting the growth of regional industries, such as healthcare, manufacturing, and technology. Team NEO also aims to improve the regional business climate by supporting regulatory reform, tax reform, and infrastructure development. The organization works with regional stakeholders, including the Northeast Ohio Mayors and City Managers Association and the Northeast Ohio Council of Governments, to advance regional policy initiatives.

● Programs_and_Initiatives

Team NEO offers a range of programs and initiatives to support business growth and job creation in Northeast Ohio. These include business attraction and retention services, workforce development programs, and regional marketing initiatives. The organization also provides access to capital and business consulting services to support entrepreneurs and small businesses. Team NEO has partnered with regional organizations, such as the Northeast Ohio Entrepreneurial Signature Program and the JumpStart Inc., to support startups and early-stage companies. The organization has also collaborated with national organizations, such as the National Association of Manufacturers and the U.S. Chamber of Commerce, to advance regional economic development initiatives.

● Impact_and_Achievements

Team NEO has had a significant impact on the Northeast Ohio economy, attracting thousands of new jobs and hundreds of millions of dollars in new investment to the region. The organization's efforts have supported the growth of regional industries, such as healthcare, manufacturing, and technology, and have helped to improve the regional business climate. Team NEO has also received numerous awards and recognition for its work, including the International Economic Development Council's Excellence in Economic Development Award and the National Association of Counties' Achievement Award. The organization's success has been recognized by regional leaders, including the Mayor of Cleveland and the Governor of Ohio, and has been featured in national publications, such as Forbes and Bloomberg Businessweek. Team NEO continues to work with regional stakeholders to advance regional economic development initiatives and support the growth of Northeast Ohio's economy.

Category:Regional economic development organizations