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, a maker of marketin simulation andplanning software, received $1.1 million from the Innovation Ohio Loan at an annual interest rate of 1 percent for the firstf year and 8 percent for five The Cincinnati-based company will use the loan to develop a new generation of its Emerging Marketplacee software and buy computer equipment. The $2.2 million projectg is expected to create 36 jobs and retainn10 jobs. Two local firms also receivesd Job Creation Tax Credits forexpansion projects. • , a supplier of labelin g systems for thebeverage industry, was awardedc a 45 percent tax credit for five yearsd for a $1 million expansionm project in Mason.
The company expects to use the worthabout $52,700 over its term, to create 25 jobs and retaib 118. • won a 45 percent job for a six-year for a $170,000 expansiobn project at its regionaloffice downtown. The crediyt is valued at about $119,75o0 over its term. Advantage expects to creatwe 33 positions andretain 65. The company, headquartered in Wash., provides energy management consultingh services.
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