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State of Ohio

To create opportunity for Ohioans by becoming the premier destination for talent, industry, and innovation.

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State of Ohio SWOT Analysis

Updated: October 3, 2025 • 2025-Q4 Analysis

The State of Ohio SWOT analysis reveals a pivotal moment. Ohio has masterfully secured generational investments from Intel and Honda, establishing a powerful strength. However, this success creates immense pressure on its primary weaknesses: a skilled workforce gap and inadequate supporting infrastructure like housing and transit. The key priorities correctly identify this challenge. The state must now pivot from winning deals to enabling their success. The focus must be an all-out execution on developing talent pipelines and building the physical and social infrastructure to support these new economic ecosystems. Failure to address these execution risks is the single greatest threat to realizing the 'Silicon Heartland' vision. The strategy must be relentless, integrated, and fast-moving.

To create opportunity for Ohioans by becoming the premier destination for talent, industry, and innovation.

Strengths

  • INVESTMENT: Secured $20B+ Intel & $4.4B Honda EV battery plant deals.
  • LOGISTICS: #2 in highway access; major cargo hubs (CVG, Rickenbacker).
  • EDUCATION: Top-tier universities like OSU fueling research & talent.
  • JOBSOHIO: Unique private non-profit model for agile business deals.
  • DIVERSITY: Balanced economy with strengths in manufacturing/health/ins.

Weaknesses

  • WORKFORCE: Skilled labor shortage is the #1 barrier cited by businesses.
  • TRANSIT: Lack of robust public transit connecting job hubs and housing.
  • HOUSING: Rising costs and low inventory near new mega-project sites.
  • STARTUPS: Lagging peer states in venture capital funding and new firms.
  • INEQUALITY: Significant economic disparity between metro & rural areas.

Opportunities

  • CHIPS ACT: Potential for billions in federal funding for supply chain.
  • SUPPLY CHAIN: Opportunity to attract hundreds of Intel/Honda suppliers.
  • DEFENSE: Growing role of Wright-Patterson AFB in aerospace innovation.
  • MEDICAL: Commercialize IP from Cleveland Clinic & OSU Wexner Medical.
  • ENERGY: Develop renewable energy sources to power new manufacturing.

Threats

  • COMPETITION: IN, TN, MI offering massive incentives for similar projects.
  • EXECUTION RISK: Ability to deliver infrastructure/talent for mega-projects.
  • INFLATION: Rising construction and labor costs threaten project budgets.
  • POLARIZATION: Political infighting that could stall strategic projects.
  • DEPENDENCY: Economic health overly tied to a few large corporations.

Key Priorities

  • WORKFORCE: Must aggressively scale skilled talent pipelines for tech.
  • INFRASTRUCTURE: Rapidly build housing/transit to support new job hubs.
  • ECOSYSTEM: Attract suppliers for Intel/Honda to build a durable cluster.
  • INNOVATION: Convert university R&D into high-growth startup companies.

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State of Ohio Market

  • Founded: March 1, 1803
  • Market Share: 7th largest U.S. state by GDP (~3.3%)
  • Customer Base: 11.7 million residents and 250,000+ businesses
  • Category:
  • SIC Code: 9199 Administration of General Economic Programs
  • NAICS Code: 921190 Other General Government Support
  • Location: Columbus, Ohio
  • Zip Code: 43215
    Congressional District: OH-15 COLUMBUS
  • Employees: 52400
Competitors
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Products & Services
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Distribution Channels

State of Ohio Product Market Fit Analysis

Updated: October 3, 2025

The State of Ohio provides businesses an unparalleled competitive edge. It offers access to a rapidly growing, skilled workforce for the new economy, a strategic location that reaches 60% of the US market in a single day, and robust innovation partnerships with world-class research institutions. This is the Silicon Heartland, where the future of manufacturing is being built today.

1

TALENT: Access a growing, skilled workforce.

2

LOCATION: Reach 60% of the US market in one day.

3

INNOVATION: Partner with world-class research.



Before State

  • Rust Belt image, slow economic growth
  • Manufacturing job losses, brain drain
  • Over-reliance on traditional industries

After State

  • Dynamic hub of advanced manufacturing
  • A top destination for skilled talent
  • Diversified, high-tech economy

Negative Impacts

  • Stagnant wages and tax base erosion
  • Youth out-migration to coastal cities
  • Limited venture capital investment

Positive Outcomes

  • Higher median household income growth
  • Net in-migration of skilled workers
  • Increased GSP and business investment

Key Metrics

Net Migration Rate
+0.1% (2023)
Resident Satisfaction (NPS proxy)
Varies by service
Population Growth Rate
0.2% (2023)
G2 Reviews (N/A)
Business Formation Rate
+4.5% YoY

Requirements

  • Skilled workforce development at scale
  • Modernized physical/digital infrastructure
  • Pro-innovation business climate

Why State of Ohio

  • Public-private training partnerships
  • Targeted infrastructure investments
  • Strategic tax and regulatory policy

State of Ohio Competitive Advantage

  • First-mover advantage in chip manufacturing
  • Unmatched location for North American supply chains
  • Lower cost of living than tech hubs

Proof Points

  • Intel's $20B+ 'Silicon Heartland' investment
  • Honda's $4.4B EV battery plant commitment
  • Forbes: #1 lowest cost of doing business
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State of Ohio Market Positioning

Strategic pillars derived from our vision-focused SWOT analysis

1

SILICON HEARTLAND

Dominate advanced manufacturing and semiconductors.

2

TALENT MAGNET

Become the #1 Midwest state for talent attraction.

3

INFRASTRUCTURE ADVANTAGE

Build next-gen physical & digital networks.

4

INNOVATION ECOSYSTEM

Commercialize research from our institutions.

What You Do

  • Fosters economic growth and provides public services.

Target Market

  • Residents, businesses, and communities within Ohio.

Differentiation

  • Epicenter of the 'Silicon Heartland' strategy.
  • Prime logistics location within a day's drive of 60% of US/Canada population.

Revenue Streams

  • Income Tax
  • Sales and Use Tax
  • Federal Government Funding
  • Commercial Activity Tax (CAT)
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State of Ohio Operations and Technology

Company Operations
  • Organizational Structure: Executive, legislative, and judicial branches.
  • Supply Chain: Extensive highway, rail, and port logistics network.
  • Tech Patents: Top 15 state for patents, driven by universities.
  • Website: https://ohio.gov/
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State of Ohio Competitive Forces

Threat of New Entry

NONE: The barrier to entry for becoming a new state is absolute. The competitive landscape is fixed.

Supplier Power

MODERATE: Federal government holds significant power via grants (CHIPS Act). Labor unions have power in construction and manufacturing.

Buyer Power

HIGH: 'Buyers' (corporations and skilled talent) are highly mobile and can choose states offering the best financial and quality-of-life deals.

Threat of Substitution

LOW: Businesses and residents cannot easily substitute the core functions of a state government (infrastructure, law, education) elsewhere.

Competitive Rivalry

HIGH: Intense rivalry from states like MI, IN, TN, and NC using massive incentive packages to attract similar large-scale projects.

AI Disclosure

This report was created using the Alignment Method—our proprietary process for guiding AI to reveal how it interprets your business and industry. These insights are for informational purposes only and do not constitute financial, legal, tax, or investment advice.

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