Stark County Minority Businesses Are Next to Benefit from ELITE
London Stock Exchange Group Program Offers Strategic Support and Expertise
JobsOhio announced that minority-owned Stark County businesses will participate in ELITE, London Stock Exchange Group’s business support and development program. In collaboration with JobsOhio and the Stark County Minority Business Association, ELITE USA announced that 13 minority-owned businesses will make up its new cohort.
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“ELITE is providing Stark County minority-owned businesses access to resources that will help their efforts to scale up and grow,” said Governor Mike DeWine. “This also expands ELITE’s presence in Ohio ahead of its headquarters opening in Cleveland in the coming year.”
“We are excited to connect ELITE’s proven business development capabilities with the Stark County Minority Business Association,” said J.P. Nauseef, JobsOhio’s president and CEO. “Ensuring that these businesses have the tools they need to succeed and grow will create new opportunities in Northeast Ohio while accelerating Ohio’s economic recovery strategy.”
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JobsOhio will fund the one-year program, which includes expert consultation regarding strategy, innovation, operations, marketing, governance and risk management, talent management and leadership. This will be the second group of U.S. businesses to benefit from the ELITE program, which supports growth aspirations, promotes global partnerships and facilitates access to international capital.
Last October, Lt. Governor Jon Husted led an Ohio delegation to London, consisting of Southeast Ohio businesses, for the program graduation. Many of the Canton businesses joining this year’s class joined that delegation. During that trip, the Lt. Governor joined ELITE in announcing that Cleveland, Ohio will serve as its headquarters in the Americas. The investment in Cleveland provides more opportunity for collaboration with Ohio companies and supports the administration’s mission to increase capital investment and job creation.
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