Cleveland will be the U.S. headquarters of the London Stock Exchange:
The London Stock Exchange has elected Cleveland to set up its North American base camp. The aim is to promote the international commercial development of small and medium-sized enterprises.
40 new jobs will be created, for a salary expenditure equivalent to $5 million. According to the tax credit agreements concluded with the state authorities. He highlighted the importance of these direct job creations. But far beyond other workforce creations on the periphery of this project.
Jon Husted Lieutenant Governor
Besides, it’s not. Returning from London where he went to finalize the agreements, said: This facility in Cleveland is a boon for the state of Ohio. We have to focus on the long term. In the global stock market world, market access is sometimes complicated for unlisted companies, it is a great opportunity to generate new connections. The City of Cleveland will host the Elite International Conference in 2020. This will be the first time that this conference will take place outside the European community.
Therefore. The CEO of Elite said: The development of this new entity is closely linked to cooperation with JobsOhio. Not-for-profit state economic development administration. Cleveland is the perfect city for elite’s installation, which has built its reputation on institutional investment, its collection of small and medium-sized businesses and its qualities in terms of solidarity support.
Praise from the authorities:
As soon as the project was passed, Cleveland Mayor Frank Jackson. County Governor Armond Budish and THE CEO of the Greater Cleveland Partnership. Joe Roman praised the early developments.
Roman said as soon as the agreement was implemented: Elite’s prodigious results for companies around the world are a tremendous opportunity for Cleveland. The ultimate goal is to foster the growth of SMEs by giving them all the means to train and by connecting them to networks of investors.