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Government
development.ohio.gov

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Investments

4

Portfolio Exits

1

About Ohio Department of Development

Ohio Department of Development works with their partners across business, state and local governments, academia, and the non-profit sector, to attract, create, grow, and retain businesses through competitive incentives and targeted investments. Engaged every day in marketing, deal-making, innovating, investing, and collaborating, the Ohio Department of Development works at the speed of business to accelerate and support the teamwork that is absolutely necessary for success by providing financial, informational, and technical assistance to those making an investment in Ohio's future.

Ohio Department of Development Headquarters Location

77 South High Street

Columbus, Ohio, 43215,

United States

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Latest Ohio Department of Development News

Meat Processing Grant Program provides additional funding

Jun 22, 2022

Source: Adobe Stock COLUMBUS, OHIO — Through a collaboration between the Ohio Department of Development (ODD) and the Ohio Department of Agriculture, Ohio meat processors will have another opportunity to apply for a grant for expansion, training and certification, improved harvest services, and processing efficiencies. “Ohio’s meat and poultry processors are such a critical part of keeping food on our tables and readily available at our markets for purchase,” said Dorothy Pelanda, director for the Ohio Department of Agriculture. “By making these funds available, we will all reap the benefits by having easier access to quality, wholesome meat and poultry products.” Prior to this offer, the  Meat Processing Grant Program  initially allocated $10 million in funds to Ohio meat processors. On first day of the application period, 80 applications were filed seeking $18 million in funds. In total, Development received 145 applications, requesting more than $28 million in funds. On June 21, Development opened a third round of applications for the Ohio Meat Processing Grant. As applications are submitted, Development staff will review them and will close the application period once enough eligible requests are received to utilize remaining funds. “These grants are critical in solving supply-chain issues and getting more food on store shelves and restaurant tables,”  ODD Director, Lydia Mihalik said. “Our staff is planning a quick turnaround on these applications so that meat processors can improve their operations as soon as possible.” Eligible processors will receive a grant of up to $250,000, with half of the funds disbursed before projects are started and the other half awarded after the companies show that the initial funds were spent on eligible costs. Licensed meat processors who have not yet received an award are eligible to apply.

Ohio Department of Development Investments

4 Investments

Ohio Department of Development has made 4 investments. Their latest investment was in OnSeen Marketing as part of their Grant on December 12, 2021.

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Ohio Department of Development Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/28/2021

Grant

OnSeen Marketing

Yes

1

4/8/2011

Grant

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$99M

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0

5/24/2010

Grant - II

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$99M

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0

3/25/2008

Grant

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$99M

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10

Date

12/28/2021

4/8/2011

5/24/2010

3/25/2008

Round

Grant

Grant

Grant - II

Grant

Company

OnSeen Marketing

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Amount

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

0

0

10

Ohio Department of Development Portfolio Exits

1 Portfolio Exit

Ohio Department of Development has 1 portfolio exit. Their latest portfolio exit was Crown Equipment Corp. on May 06, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/6/2019

Acquired

$99M

Undisclosed Investors

Date

5/6/2019

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Undisclosed Investors

Sources

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