You have reached your limit of free articles this month.

Enjoy unlimited access to

Starting at just 99¢ for 8 weeks.


  • ePAPER

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.


Welcome to

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

Dayton invests $50K to continue Israel business alliance

Dayton City Commission has approved $50,000 to continue a trade office and consultant in Israel.

The total cost of the program — called the “Dayton Region Israel Trade Alliance” — is $150,000. The city’s agreement with Development Projects Inc. expires Jan. 31, 2015, with a one-year option to renew. Commission approved the agreement last week, with three of five commission members present.

Development Projects Inc. is the public contracting arm of the Dayton Development Coalition. Dayton government, Montgomery County government and the coalition are each kicking in funding for the trade partnership. The city’s share is $50,000.

The idea is to draw Israeli businesses to Dayton and to strengthen businesses here, proponents say.

A Dayton trade office was established in Israel in April 2010. The first agreement was signed in September 2009 when a trade delegation from Dayton visited Haifa, Israel.

The trade office focuses on water technology, advanced manufacturing, aerospace initiatives, sensors, life sciences and more.

Shelley Dickstein, assistant Dayton city manager, last week called the project an effort in entrepreneurial “matchmaking.”

The project’s first three years were paid primarily by the private sector, Dickstein said. This alliance is now working with a new consultant and now governments are bearing the costs.

The agreement is made with the hope “that we will be bringing over to Dayton businesses who are interested in making investments.”

Dayton, the county and the coalition have hired economist Hadas Bar-Or, who has also worked with the state of Massachusetts in its trade work with Israel. Dickstein called her “extremely well connected.”

“We’re hoping to take advantage of that experience,” she said.

Commissioner Matt Joseph said trade relationships take time to pay off. “Flirting is no good. It has to be a long-term relationship,” he said.

Maurice “Mo” McDonald, an executive vice president on aerospace and defense with the coalition, said county and city representatives met with Israeli entrepreneurs last week and he expects to meet with more in February. He’s optimistic that one day an Israeli company will come to Dayton.

“I think it’s extremely beneficial to the Dayton region,” McDonald said.

Reader Comments ...

Next Up in Business

STORE CLOSINGS: Sears to close 50 auto centers
STORE CLOSINGS: Sears to close 50 auto centers

Sears Holdings is set to close 50 Auto Center locations, the company announced. Sears updated investors last week on its strategic restructuring program, stating the company aimed to save $1.25 billion through some store closures in 2017. The company already announced it would close 108 Kmart stores and 42 Sears locations. » RETAIL APOCALYPSE...
Two area health systems named Top 15 in nation
Two area health systems named Top 15 in nation

Kettering Health Network and Mercy Health have been named two of the Top 15 health systems in the nation by the international business research firm Truven Health Analytics. It’s the fifth appearance on the Top 15 list for the Dayton-based Kettering system, comprised of eight hospitals, including Kettering Medical Center, Fort Hamilton, Soin...
675 Ohioans complained about mortgage servicer sued by feds
675 Ohioans complained about mortgage servicer sued by feds

State and federal authorities have sued mortgage servicer Ocwen Financial Corp., saying the company botched the handling of millions of mortgage accounts, including 675 Ohio complaints. The Consumer Financial Protection Bureau said Thursday that the accounts Ocwen serviced were riddled with errors throughout the repayment process. It said the company...
Premier, UnitedHealthcare negotiations continue over health plans
Premier, UnitedHealthcare negotiations continue over health plans

Contract negotiations between the region’s largest health system and insurer UnitedHealthcare remain at an impasse as a deadline approaches that could jeopardize the health plans of up to 70,000 local residents. Premier Health and UnitedHealthcare, the area’s largest insurer, have been at an impasse in talks to renew their health coverage...
Dayton-area event will feature 500 small businesses
Dayton-area event will feature 500 small businesses

Ohio’s largest small-business-to-government-contracting event is set to happen Wednesday, the Ohio Development Services Agency said. The 2017 Ohio Business Matchmaker will be 8 a.m. to 5 p.m. Wednesday at Wright State University’s Ervin J. Nutter Center, 3640 Colonel Glenn Highway, Fairborn. RELATED: Defense contractor opens new office...
More Stories