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Team NEO, NorTech Merge; Part of Regional Strategy

Team Northeast Ohio will relaunch in early 2015 as a new collaborative of northeastern Ohio businesses, foundations and JobsOhio to accelerate job growth in the region, Team NEO reports. 

The new organization will retain the Team NEO name.

The functions of Team NEO along with those of NorTech, which focuses on technology-based economic development in the region, will be folded into the new entity, said Grant Goodrich, regional strategy implementation director for Team NEO. The new entity will also include functions not now performed by the two agencies, including strategy coordination across the economic development system and workforce integration.

NorTech’s board voted Monday to merge with Team NEO.

Read more from The Business Journal article here.