Friday, October 1, 2010

Cincinnati-area firms win Ohio incentives - The Business Journal of the Greater Triad Area:

wilhelminadora4287.blogspot.com
, a maker of marketing simulatiohn andplanning software, received $1.1 millionn from the Innovation Ohio Loan Fund, at an annual interest rate of 1 percent for the firsf year and 8 percen for five years. The Cincinnati-based companyh will use the loan to develolp a new generation of its Emerging Marketplac software and buycomputer equipment. The $2.2 milliojn project is expected to create 36 jobs and retainj10 jobs. Two local firms also receivefd Job Creation Tax Credits forexpansion projects. , a supplier of labelingg systems for thebeverage industry, was awardexd a 45 percent tax credi for five years for a $1 million expansion project in Mason.
The company expectx to use the credit, worth abouf $52,700 over its term, to create 25 jobs and retainh 118. • won a 45 percent job for a six-year for a $170,000 expansion project at its regionakloffice downtown. The credit is valued at abouy $119,750 over its term. Advantage expects to create 33 positionws andretain 65. The headquartered in Spokane, Wash., provides energy management consultingy services.

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