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

Gmail phishing scam may lead users to give up login info
Gmail phishing scam may lead users to give up login info

A new phishing scam is allowing hackers to gain access to unsuspecting Gmail users' accounts and target their login credentials, according to recent reports. Mark Maunder, CEO of security service Wordfence, described the scam in detail in a blog post, adding that it is also targeting other services beyond Gmail. Tech Times reported that the scam involves...
Millennials spend more on coffee, save less for retirement
Millennials spend more on coffee, save less for retirement

A large number of Millennials spent more on coffee in the past year than they invested in their retirement savings, according to a new study. » RELATED: What makes Millennials tick in the workplace? It may surprise you About 41 percent of the Millennials — ages 18 to 35 — admitted to spending more on coffee than they saved for retirement...
Some worry over impact from health care law repeal
Some worry over impact from health care law repeal

The U.S. House of Representatives on Friday joined the U.S. Senate in passing a budget reconciliation measure that would allow Congress to de-fund key elements of the Affordable Care Act, including tax credit subsidies and federal funding for Medicaid expansion in states like Ohio. While some are rejoicing over the move, replacing President Obama&rsquo...
Will Obamacare repeal leave people in the lurch?
Will Obamacare repeal leave people in the lurch?

As Congress moves forward on a resolution to repeal the Affordable Care Act, experts have warned such a measure could crash the law’s commercial insurance program, jeopardizing coverage for 11.5 million Americans, including more than 230,000 Ohioans. But local industry leaders remain hopeful that congressional Republicans — who are leading...
Holiday retail sales up, but some stores suffering
Holiday retail sales up, but some stores suffering

Retail sales hit about $658 billion for the holiday season, but several chain retailers still announced the closures of hundreds of unprofitable brick-and-mortar stores in January — including several stores locally. “These numbers show that the nation’s slow-but-steady economic recovery is picking up speed and that consumers feel...
More Stories