TOGETHER

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TOGETHER

• Weve made a great start...

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Weve been getting the job done...

• CDCs, with their partners, have met the challenge
  of developing housing in Toledos central city
  neighborhoods.
• The technical capacity of CDCs is at an all-time
  high.
• CDCs have learned to collaborate and partner to
  raise the scale and impact of their work.
• Toledos neighborhoods are being transformed.

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Toledos CDCs have attracted over 50 million in
outside resources for housing development.
ONYX, Toledo Homes I
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There is so much more to do!

• There are still many neighborhood residents who
  need family supporting jobs.
• There are many hard working neighborhood
  residents who need convenient access to services
  and shopping.
• Toledo businesses need expansion space and access
  to a good workforce.
• Toledos central city neighborhoods contain
  abandoned and underutilized land/buildings ready
  to be developed!

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We are ready to meet the next challenge
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We are ready to use the capacity and skills we
gained in our housing development work to impact
economic development in our neighborhoods.
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Enterprise Toledo
We are ready for
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Enterprise Toledo

• Will Facilitate Economic Development in Toledos
  Neighborhoods

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MISSION

• Enterprise Toledo is an independent non-profit
  organization, committed to facilitating the
  economic development of Toledos neighborhoods.

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The Work ofEnterprise Toledo
Enterprise Toledo will undertake the following
activities...
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The Work ofEnterprise Toledo

• Facilitate collaboration on economic development
  projects.

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The Work ofEnterprise Toledo

• Promote and participate in public/private
  development partnerships.

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The Work ofEnterprise Toledo

• Provide training, technical assistance,
  mentoring, and other capacity building activities
  to local economic development agents.

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The Work ofEnterprise Toledo

• Promote comprehensive economic development
  activities.

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The Work ofEnterprise Toledo

• Provide or facilitate access to business
  information services for project development,
  market assessment, and competitive analysis.

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The Work ofEnterprise Toledo

• Identify, assemble, and develop additional
  resources to support sustainable economic
  development activities within our service area.

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Service Area
Toledos Enterprise Zone
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GOVERNANCE

• Enterprise Toledo is governed by a board made up
  of local economic development agents and resource
  people.

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Governing Board

• Roosevelt Revitalization Corporation
• Toledo Business Development Corporation
• Toledo Olde Towne Community Organization
• Toledo Warehouse District Association
• Warren Sherman Area Council
• Local Initiatives Support Corporation
• University of Toledo Urban Affairs Center

• Five Points Association
• Heritage South Commercial Revitalization
• Lagrange Development Corporation
• Neighborhoods in Partnership
• Ottawa Community Development Corporation
• Organized Neighbors Yielding eXcellence
• RiverEast Economic Revitalization Corporation

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What We Need

• Your input and support
• Help us establish this joint public private
  partnership.
• Assistance in developing and accessing new
  financing tools
• Your help to assemble the resources for
  Enterprise Toledo

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Benefits to You!

• Shared Risk
• New Commercial Accounts
• Revitalized Neighborhoods
• Outside Investment
• Stronger Local Economy

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Current Status

• Applied for Incorporation with Ohio Secretary of
  State
• Applied for Non-Profit Status
• Secured 2.5 million seed money for project loan
  pool
• Secured 300,000 grant for loan loss reserve fund
  and operations

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Next Steps

• Identify Office Location
• Hire Staff
• Initiate Projects
• Identify other sources of funds for project
  support and operations

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ThatsEnterpriseToledo!
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How canYou Help?