The Economic and Fiscal Impact of Small Businesses in the First Suburbs shares details of the economic and fiscal impact First Suburbs' small businesses bring to the economy in Cuyahoga County, Ohio and the nation.
Review this research below:
Completed by: Dr. Shawn M. Rohlin, Director of the Brinzo Entrepreneurship Center,
Kent State University
Small business is important to First Suburbs because small business is big business for our economy – nationally and locally. The Small Business Administration reports that 99.9% of American businesses are small businesses. More than 33 million small businesses across the US employ 61.7 million Americans – nearly half of private sector employees. In Cuyahoga County’s First Suburbs communities, just the smallest of the small businesses (those with 1-10 employees) add $2.4B to local incomes and having an employment impact equivalent to adding 43,500 jobs to the region - that's BIG!
The First Suburbs Consortium member communities want to be your business’ home. Over one-third of Cuyahoga County’s population lives in our twenty First Suburb communities and thousands of small businesses call us home. Cuyahoga County’s First Suburbs offer excellent location with access to highways, regional public transit, rail and airports. Our connection to workforce and education can’t be beat with over 40 colleges/universities and trade schools in our communities. We are in constant connection with government, non-profit and for-profit partners who offer financial assistance, access to workforce needs and programs/grants to build your business’ success. First Suburb communities are small enough to give your small businesses the attention you need while also being large enough to offer the resources for your small businesses to succeed.
Listed below are priority properties currently available in our member communities. Links within each property provide details. Use links at the bottom of this page to visit each communities' economic development page to learn more about programs, incentives and additional available properties.
Learn more about economic development opportunities and small business programs at First Suburbs community websites linked below: Bedford, Bedford Heights, Berea, Brook Park, Brooklyn, Brooklyn Heights, Cleveland Heights, East Cleveland, Euclid, Fairview Park, Garfield Heights, Lakewood, Maple Heights, Newburgh Heights, Parma, Parma Heights, Shaker Heights, South Euclid, University Heights, Warrensville Heights
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