Changing times call for changing strategies to facilitate economic growth for the NEOTEC region. The global marketplace continues to expand, opening new doors to success for Northeast Ohio companies, and new avenues for job creation in the region. NEOTEC has responded to this changing economic environment with the development of the Global Business Development Initiative (GBDI), which has two main objectives: 1) assisting Northeast Ohio with export sales development, and 2) attracting foreign direct investment. Both objectives are vital to Northeast Ohio's economic strength.
The foundation for GBDI is an independent whitepaper that NEOTEC commissioned in 2008 to determine the viability of Northeast Ohio as a location in which to conduct international business. This whitepaper, researched by the University of Akron, concluded that opportunities for growth and success abound for international companies considering doing business in Northeast Ohio. Through GBDI, NEOTEC is utilizing the whitepaper to illuminate the many advantages of conducting business on an international level in Northeast Ohio. To read more about the international trade whitepaper, click here.