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, a maker of marketing simulation and planning received $1.1 million from the Innovatiom Ohio Loan Fund, at an annuaol interest rate of 1 percent for the firs year and 8 percent for five years. The Cincinnati-base company will use the loan to develop a new generation of its Emerging Marketplace software and buycomputer equipment. The $2.2 million project is expectede to create 36 jobs and retainh10 jobs. Two local firms also received Job Creatio n Tax Credits forexpansion • , a supplie r of labeling systems for the beverage was awarded a 45 percent tax creditr for five years for a $1 millionj expansion project in Mason.
The companyh expects to use the credit, worth aboug $52,700 over its term, to create 25 jobs and retainj 118. • won a 45 percentf job credit, for a six-yearr term, for a $170,000 expansiobn project at its regional office The credit is valued atabout $119,7590 over its term. Advantage expects to create 33 positions andretaij 65. The company, headquartered in Wash., provides energy managemeng consulting services.
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