RESOURCES FOR BUSINESSES
Union County has an outstanding labor force, plentiful development-ready sites, competitive business incentives, and the resources you need to make your business successful. Whether you own an established business or are pondering the first steps on how to establish a new venture, Union County and the State of Ohio offer a number of resources designed to help you achieve the success you desire.
As the primary point of contact for companies looking to expand an existing business or relocate a new business to Union County, we engage all projects in a coordinated effort and are dedicated to providing timely, efficient and seamless service for our customers.
General services we provide:
• Site Selection Assistance
• Gathering of Demographic or Economic Data
• Pursuing Financial Incentive Packages
• Coordination of Meetings with Governmental Agencies
• Assistance with Developing Your Workforce
• Liaison with Permitting Efforts
Whether you are looking for business counseling, financial incentives, or help hiring and training employees, we have you covered. The links below will assist you on your journey. However, if you cannot find what you are looking for, please give us a call at 937.642.6279. We’re more than happy to help.
WE PLANT SUCCESS BY THE ACRE
Even though Union County is the third fastest growing county in Ohio, agriculture and agribusiness remain dominant industries. Our agricultural history, fertile soil base, plentiful growing season, and research and development infrastructure has allowed Union County to emerge as a key location for agribusiness and agricultural research and development. Our community leaders and partner organizations recognize how important agriculture is to our economy and work diligently to ensure that agriculture and agribusiness remain viable for generations to come.
To foster the growth and sustainability of Union County’s agricultural and agribusiness industries, the Union County Agriculture Association and the Union County Economic Development Partnership created the Union County Agriculture Economic Development Strategy (AEDS). The AEDS can be downloaded by clicking here.
- There are currently over 241,000 acres being utilized in full agricultural production managed by 900 farms averaging 237 acres per farm.
- There are 13 Century Farms operating in Union County.
- More than 89% of farms in the county are owned by families.
- Approximately 1,165 are employed in agriculture and agri-business.
- On average, Union County farmers generate an estimated $87.5 million annually in cash receipts.
- Agriculture contributed to over $3.3 million in new agricultural-related construction in 2010 and 2011.
Of 88 counties in Ohio, Union County ranked:
- 31st in corn production
- 20th in soybean production
- 22nd in wheat production
- 55th in cattle
- 50th in milk cows
- 15th in hogs and pigs
AG POINTS OF PRIDE
- The Ohio Quarter Horse Association was established in Richwood.
- The Ohio Cattleman’s Association is headquartered in Jerome Township.
- Select Sires, world-renowned for bovine genetics, is headquartered in Jerome Township.
- The Ohio State University Large Animal Services is located in Marysville.
- The Scotts Miracle-Gro Co. was formed, and maintains various facilities including its world headquarters, in Marysville.
- KG Agricultural Products Inc., located near Marysville, processes an estimated 32,000 acres of non-genetically modified food-grade soybeans and 1,300 acres of organic soybeans for Japanese customers.
Union County Chamber of Commerce – Agriculture Association
227 East Fifth Street
Marysville, Ohio 43040
Union County OSU Extension Office & Agricultural Center
18000 SR 4, Suite E
Marysville, Ohio 43040
Union County Farm Bureau
18000 SR 4, Room 196
Marysville, Ohio 43040
Union County Soil & Water Conservation District
18000 SR 4, Suite B
Marysville, Ohio 43040
Land Heritage Trust of Union County
Marysville, Ohio 43040
Ohio Farm Bureau Federation
280 North High St, 6th floor
Columbus, Ohio 43215
Begin Farming Ohio
Ohio Department of Agriculture
8995 E. Main Street
Reynoldsburg, Ohio 43068
United States Department of Agriculture
In an effort to promote business growth and development, create new jobs and payroll, retain existing companies and jobs, and encourage private investment, we have established the Economic Development Incentive Policy (EDIP). It is the purpose of the EDIP to streamline the economic development incentive process so that the Economic Development Partnership can respond to businesses in a timely fashion. Accordingly, the EDIP provides thresholds in order to promote a more efficient, “business-like” approach to the economic development inventive process. The EDIP can be downloaded and viewed by clicking here.
Union County Enterprise Zone Program
The Union County Enterprise Zone Program offers tax abatements on real (building construction) and/or personal property (machinery and equipment, furniture and fixtures, inventory) for manufacturing companies wanting to expand or locate within the designated Enterprise Zone areas that are located in the City of Marysville, the Village of Richwood and portions of southern Union County. The term and amount of the tax abatement is based upon the number of employees, amount of payroll, and amount of private property investment.
Marysville Community Reinvestment Area
In an effort to improve its uptown and surrounding neighborhoods, the City of Marysville established a Community Reinvestment Area that provides real property tax abatements for residential, commercial, office and industrial development. The term and amount of the abatements vary depending on the land use, number of jobs created or retained, amount of payroll, and the amount of the investment. For more information about the Marysville CRA program, please click here to download the brochure.
Plain City US 42 Business Park Community Reinvestment Area
Union County administers the US 42 Business Park CRA. There are also two other CRAs in Plain City: the Uptown Plain City CRA and the US 42 South Corridor CRA, both of which are administered by Madison County. The US 42 Business Park CRA has specific eligibility requirements as outlined in the Union County Economic Development Incentive Policy. In general, the CRA allows real property tax abatements on qualifying residential, commercial, office and industrial construction projects occurring within the portions of Plain City that are located within Union County. The term and amount of the abatements vary depending on the land use, amount of jobs created or retained, amount of payroll, and the amount of the investment. The purpose of the CRA is to encourage the revitalization and growth and development of Plain City and the surrounding area.
Opportunity Zone Program
The Opportunity Zone Program is designed to encourage long-term, private investment in specific census tracts by providing a federal tax incentive for taxpayers who reinvest unrealized capital gains into Opportunity Zones. The incentive is deferral, reduction, and potential elimination of certain federal capital gains taxes. Click here for more information.
Union County Revolving Loan Fund
The Union County Revolving Loan Fund (RLF) program is available for companies creating or retaining jobs and making private property investments within the community. Loans may be granted up to $500,000 and are based upon a loan amount not to exceed $25,000 per job created or retained. The Union County Board of County Commissioners, with assistance from the Community Improvement Corporation, operates the RLF for the county.
Union County Community Improvement Corporation
The Union County Community Improvement Corporation (CIC) is the statutory nonprofit Economic Development arm of the community. The CIC has unique economic development capabilities that include the ability to borrow money, purchase and lease land and buildings, purchase and lease personal property, and issue bonds or notes. For more information about the CIC, please click here.
Marysville – Union County Port Authority
The Marysville-Union County Port Authority is a statutory agent of Union County created by the Union County Board of Commissioners. While the Marysville -Union County Port Authority does not operate a traditional port, under the Ohio Revised Code, port authorities are given certain powers in the areas of real estate development, financing and management of foreign trade zones. Unlike a city or county, port authorities can buy land and construct a building that could be leased or sold to a business of its choosing at a privately negotiated price. They can also issue tax-exempt (and therefore, lower interest bonds) on behalf of a private entity for the construction of new plant or equipment. For more information about the Marysville-Union County Port Authority, please click here.
Foreign Trade Zone
A Foreign Trade Zone (FTZ ) is a site within the United States that is legally considered outside of Customs territory for the purpose of duties, so goods may be brought into the site duty-free and without formal customs entry. Union County is a subzone of the Rickenbacker FTZ #138. There are a number of benefits of being a part of an FTZ. For more information, please visit the FTZ #138 website or download more information.
OHIO DEVELOPMENT SERVICES AGENCY / JOBSOHIO
The Ohio Development Services Agency and JobsOhio offer a wide variety of financial programs for companies looking to start, relocate, or expand in Ohio. Below is a list of the most commonly-utilized economic development programs:
Ohio Job Creation Tax Credit
Is a refundable tax credit to companies creating new jobs. The tax credit is measured as a percentage of the state income tax withholdings for all new employees hired under the program, and is applied toward the company’s commercial activity tax liability. Should the amount of the credit exceed the company’s commercial activity tax liability for any given year, the difference is refunded. Minimum requirements; 10 full-time equivalent employees generating at least $660,000 in annual payroll.
Ohio Incumbent Workforce Training Voucher Program
The Ohio Incumbent Workforce Training Voucher Program aupports companies that are making investments in facilities, equipment, and training that result in the retention and creation of jobs. The program provides direct financial support to employers for training, paying for a portion of instructor salaries, materials, travel, and special needs.
Roadwork Development (629)
Funds are available for public roadway improvements, including engineering and design costs. Projects must typically create or retain jobs. Grants are usually provided to a local jurisdiction and require local participation.
166 Direct Loan
Provides loans for land and building acquisition, construction, expansion, or renovation, and equipment purchases for eligible businesses. The program provides low‐interest loans up to $1.5 million.
Ohio Enterprise Bond Fund
Provides revenue bond financing through an S&P AA+ rated fund, whereby proceeds from the sale of bonds are loaned to companies for fixed‐rate, long‐term capital asset financing. Rates are market-driven and fixed prior to funding. Loan terms range between 7 to 10 years for equipment and 15 to 20 years for real estate. Up to $10 million in financing is available through the program.
Research and Development Investment Loan Fund
Provides loan financing between $500,000 and $5 million for projects primarily engaging in research and development activity. Rates are fixed (at or below market rates) with other loan terms similar to those of commercial bank financing. Companies receive a dollar-for-dollar, non-refundable Ohio commercial activity tax credit for principal and interest payments up to $150,000 annually during the loan term.
Innovation Ohio Loan Fund
Provides loans for acquisition, construction, and related capital costs of technology, facilities, and equipment purchases. The fund was created to assist existing Ohio companies in developing next‐generation products and services within the state’s Targeted Industry Sectors up to 75% ranging from $500,000 to $1.5 million.
USDA – Rural Development Business & Industry Loan Guarantee Program
The Business & Industry Loan Guarantee Program is designed to help lenders provide loans to businesses in rural Ohio. Loan funds can be used for the purchase of real estate and buildings; expansion of existing facilities; business acquisitions; debt refinancing to provide better rates or terms; purchase of machinery & equipment; or providing for term working capital. For more information, call 614.255.2424.
SMALL BUSINESS & ENTREPRENEURS
The strength of the American economy is directly linked to the overall success of the nation’s small businesses. According to the U.S. Department of Commerce, small businesses, which are firms with less than 100 employees, represent more than 99 percent of all employer firms, employ half of all private sector employees, pay 45 percent of total U.S. private payroll, and have generated 60 to 80 percent of all new jobs over the last ten years.
MARYSVILLE ENTREPRENEURIAL CENTER (MEC)
Small businesses are the fastest growing segment in American commerce and they create 98 percent of all new jobs. However, over 50 percent of all small businesses fail in the first year, often because entrepreneurs fail to consider start-up costs and fixed expenses of operation. To support entrepreneurship in Union County and foster “grassroots” economic development, the Marysville Entrepreneurial Center (MEC) was created in 2008 in partnership with the Union County Commissioners, Union County Community Improvement Corporation (CIC), Ohio Small Business Development Center, and TechColumbus.
The MEC, which is located at 129 North Main Street in Marysville, is Union County’s center for innovation and entrepreneurial development. The MEC is available to anyone needing help with developing their business concept; business plans, marketing techniques and business strategies. The MEC also provides office space and flexible workspace and is the location of a number of educational seminars, programs, jellies, and other networking events.
For more information about the Marysville Entrepreneurial Center, please call 614.989.2429 or visit the MEC website.
DOGWOOD BUSINESS DEVELOPMENT
Dogwood Business Development, located in Marysville, mentors people in business and helps them focus on their visions while building their confidence with sound business strategies. For more information about Dogwood Business Development, please call 937.594.2129 or click here.
STARTING A BUSINESS
The growth and success of every business is our top priority. That is why we have compiled the Marysville Business Start-up Guide. This document highlights a number of programs from various organizations in Union County, the Columbus Metropolitan Area, and the State of Ohio. These organizations provide assistance to businesses including financial, training, information and technical services. The document also includes information and guidance on important topics such as permitting, vendors licenses, and business planning.
If you are interested is starting a business, please contact the Marysville Entrepreneurial Center for personalized counseling.
COMPREHENSIVE GUIDE TO STARTING A BUSINESS
WORKCOMPLAB has compiled an excellent online resource for those interested in starting a business. For more information, click here.
USEFUL LINKS FOR START-UPS & ENTREPRENEURS
- The Metropreneur Columbus
- Entrepreneur Magazine
- Entrepreneurship.org – Fostering Entrepreneurship Worldwide
- Inc. Magazine – Information for Entrepreneurs
- Gaebler – Resources for Entrepreneurs
- Prentice-Hall – Small Business and Entrepreneurship Resources
- SCORE – Counselors for America’s Small Businesses
- QuickSprout – The Entrepreneur’s Handbook: 59 Resources For First Time Entrepreneurs
- MIT Professor Joseph Hadzima – Resources for the Entrepreneur
- Cayenne Consulting – Business Plan and Start-up Resource Directory
- Harvard Business School – Introduction to Entrepreneurship
- Entrepreneur & Business Start-Up Tools and Resources
- ZeroMillion.com – Entrepreneurship Resources
- Kauffman Foundation – Entrepreneurship and Education Resources
WORKFORCE DEVELOPMENT & EDUCATION
Union County-Marysville is part of the Columbus Metropolitan Statistical Area, which includes over 900,000 people in the workforce. Nearly 24,000 of the 900,000 people in Columbus MSA are provided by Union County. The Columbus MSA has a diverse economy with major emphasis in the service and logistics industries. The Columbus MSA and Union County consistently have lower unemployment rates compared to the remainder of Ohio. Accordingly, workforce development is an important issue for our existing companies.
Please visit our WorkFORCE Plus website for a comprehensive listing of workforce and educational information and resources available to Union County businesses and residents.
Union County School District Websites
Fairbanks School District
Jonathan Alder School District
Marysville Exempted Village School District
North Union School District
Ohio Hi-Point Career Center
Tolles Career & Technical Center
Tri-Rivers Career Center
Colleges & Universities
Columbus State Community College
Ohio Northern University
Ohio Wesleyan University
Otterbein University – Marysville
The Ohio State University
The Ohio State University – Lima
The Ohio State University – Marion
Wright State University
Central Ohio Websites
Columbus Chamber of Commerce
Community Capital Development Corporation
Columbus State Small Business Development Center
Japan America Society of Central Ohio
Mid-Ohio Development Exchange
Ohio’s 1st Stop Business Connection
Ohio Chamber of Commerce
Ohio Department of Commerce
Ohio Department of Job and Family Services
Ohio Development Services Agency
Ohio Department of Taxation
Ohio Department of Transportation
Ohio Manufacturer’s Association
International Economic Development Council
National Association of Industrial and Office Properties
National Rural Economic Developers Association
United States Census Bureau
United States Chamber of Commerce
United States Department of Commerce
United States Economic Development Administration