2018 Economic Impact and Fiscal Impact Report

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Tech ESP Total Work Economic Impacts │ JumpStart 2018 Economic Impact Report

Exited ESP Companies – Ohio 24 Exited companies are companies that were serviced or funded by the ESP Network and/or JumpStart and that were acquired or had an IPO in 2018. In 2018, Exited ESP Companies directly and indirectly generated an estimated

Exited ESP Companies In Ohio

$71 million of economic output in Ohio. These Exited ESP Companies supported an estimated 403 direct and indirect jobs 25 in Ohio. The jobs supported by the exited

403 jobs

companies had approximately $26 million of associated annual labor income, including benefits, and sustained an estimated 254

$26 million of annual labor income

households in Ohio. ESP companies that exited generated an estimated $3 million of state and local taxes

254 households supported

in Ohio and $6 million of federal taxes during 2018.

$3 million in annual state and local taxes

$6 million in annual federal taxes

$71 million of annual economic output

4 Exited companies in Ohio responded to a survey in 2018. 4 of these companies (100%) submitted adequate survey information for modelling. 24

25

Direct and indirect impacts are only calculable for modellable companies.

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