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, a maker of marketing simulation andplanninf software, received $1.1 million from the Innovation Ohio Loan at an annual interest rate of 1 percenft for the first year and 8 percent for five years. The Cincinnati-basef company will use the loan to developl a new generation of its Emerging Marketplace softwar e and buy computer The $2.2 million project is expectec to create 36 jobs and retaihn 10 jobs.
Two local firms also receivedx Job Creation Tax Credits forexpansion • , a supplier of labeling systemss for the beverage industry, was awarded a 45 percenyt tax credit for five years for a $1 millionn expansion project in The company expects to use the credit, worth aboutf $52,700 over its term, to create 25 jobs and retain 118. • won a 45 percent job for a six-year term, for a $170,000 expansion projectr at its regionaloffice downtown. The credit is values at about $119,750 over its term. Advantage expects to creatr 33 positions andretain 65. The headquartered in Spokane, Wash., provides energy management consulting services.
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