Alloy Takes Home Two OEDA Excellence Awards

COLUMBUS, OH, SEPTEMBER 14, 2023: Alloy Development is thrilled to announce its remarkable achievement at the Ohio Economic Development Association’s (OEDA) 2023 Annual Summit. The prestigious event, held on September 14, 2023, recognized excellence in economic development across Ohio. Alloy Development proudly emerged as a double winner, receiving the Best Project Award for the Pepper Construction HQ project in the Village of Lockland and the Excellence in Innovation Award for OhioXcelerate.

The OEDA Excellence Awards program serves as a platform to honor outstanding economic development programs, projects, partnerships, marketing materials, and influential leaders who contribute significantly to Ohio’s economic and workforce development. This year’s event brought together professionals from the industry to celebrate the remarkable achievements within the field.

Jennifer Price, the Executive Director of OEDA, emphasized the importance of these awards, stating, “The Annual Excellence Awards showcase the best of the best in economic development and give members of the profession the opportunity to come together and collectively celebrate the success of the economic development profession.”

Alloy Development’s President, Pat Longo, expressed gratitude for the recognition, saying, “We are truly honored to receive not one, but two OEDA Excellence Awards. These awards reflect our commitment to fostering economic growth and innovation in Ohio.”

The two awards bestowed upon Alloy Development are as follows:

Best Project Award:

The Best Project Award recognizes outstanding and innovative projects in economic and business development that retain or generate jobs and capital investment. In recognition of outstanding achievements in economic development, Alloy Development proudly received the Best Project Award for the Stearns & Foster Redevelopment by Pepper Construction and The Village of Lockland. This historic renovation project, supported by Alloy Development and its partners, represents a significant milestone in preserving historical charm and creating high-quality job opportunities within the Village.

Alloy Development’s dedication to excellence was acknowledged through this award, highlighting their contributions to projects that have a significant impact on job creation and capital investment. Pat Longo remarked, “Our projects are a testament to our dedication to driving economic growth and creating opportunities within Hamilton County.”

Excellence in Innovation Award – OhioXcelerate:

OhioXcelerate is a collaborative effort between Alloy Growth Lab, OhioX, and Queen City Angels. This initiative is focused on fostering innovation and supporting startups in Ohio. By providing mentorship and essential resources, OhioXcelerate plays a pivotal role in driving innovation and economic growth across the state. Pat Longo stated, “Innovation is the cornerstone of economic development, and OhioXcelerate exemplifies our commitment to cultivating a vibrant innovation ecosystem in Ohio.”

Alloy Development remains dedicated to its mission of advancing economic development and innovation in Ohio. These two OEDA Excellence Awards reaffirm Alloy’s commitment to excellence and its ongoing contributions to the economic vitality of the state.

About Alloy Development Co. 

Alloy Development Co. is a marketplace where organizations, businesses, and communities can find the resources they need to grow. We are a commercial capital lender, a growth lab for startups, and an economic development partner all under one roof, which makes us an active and influential business partner, able to assist any organization at any stage of growth.

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