Regional Growth Partnership Inc.

Overview

Regional Growth Partnership Inc. (RGP) is a private, nonprofit economic development organization headquartered in Toledo, Ohio. Established in 1996, RGP serves 17 counties in Northwest Ohio, focusing on attracting new investments, businesses, and high-quality jobs to the region. As a privately funded corporation, it operates independently of governmental constraints and is committed to fostering a business-friendly environment.

Mission and Objectives

The mission of RGP is to enhance economic prosperity in Northwest Ohio by effectively facilitating site selection for companies, managing projects, and collaborating with regional and state partners. It aims to promote sustainable economic growth through proactive outreach to potential investors, strategic marketing initiatives, and comprehensive business development services.

Key Activities and Services

RGP provides a variety of services tailored to meet the needs of corporate clients, including:

• Comprehensive Site and Building Searches: RGP manages an extensive inventory of sites and buildings suitable for various industries, ensuring businesses have access to the resources necessary for expansion or relocation.

• Incentive Packaging: The organization helps businesses navigate available state and local incentives, streamlining the process to maximize the benefits for companies considering investment in the region.

• Project Development and Planning: RGP assists in the planning and execution of projects, coordinating with various stakeholders to ensure successful outcomes.

• International Business Development: RGP engages in efforts to bolster the region's international infrastructure, catering to both foreign-owned businesses and domestic companies seeking global expansion.

Impact and Achievements

RGP has significantly contributed to the economic landscape of Northwest Ohio. Over the past several years, it has been instrumental in generating thousands of new jobs and attracting billions in capital investment. Notable metrics include:

• Over 22,700 new jobs created in the region in recent years.

• Capital investment exceeding $14 billion across various projects.

In 2023 alone, RGP reported the creation of 3,746 new jobs, retention of 13,938 jobs, and initiation of 123 projects, reinforcing its role as a vital player in local economic development.

Partnerships and Collaborations

RGP collaborates closely with JobsOhio, acting as the regional network partner to enhance economic development efforts statewide. This partnership involves working with local governments, businesses, and other organizations to align resources and drive strategic initiatives that support the growth of Northwest Ohio’s economy.

In addition, RGP fosters relationships with national site location consultants, engaging in outreach to attract companies looking for new locations. This proactive approach is aimed at making Northwest Ohio a competitive option for business development in a national context.

Conclusion

The Regional Growth Partnership Inc. stands as a pivotal force in the economic development of Northwest Ohio, dedicated to facilitating business growth through strategic planning, partnership, and community engagement. Its commitment to attracting investment and creating jobs continues to shape the region's economic future.

[1] https://rgp.org/about-regional-growth-partnership-northwest-ohio/ [2] https://rgp.org/2023-annual-report/ [3] https://www.limaohio.com/top-stories/2024/11/02/regional-growth-partnership-highlights-lima-areas-success/ [4] https://rgp.org/investors/ [5] https://rgp.org