A vote by the board of NorTech on Monday, Nov. 10, approving a merger with another regional economic development nonprofit, Team Northeast Ohio, marks the first step in a long-awaited private-sector strategy to boost the Northeast Ohio economy.
The business and philanthropic leaders behind the strategy see it as way to add vibrancy to a regional economy that has lagged the rest of the country in the creation of new jobs. The Team NEO board earlier approved the merger.
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