What if Cleveland could attract a company that generated revenues of a billion dollars or more? Think along the lines of a megabank like PNC or a sizzler of a tech company like Facebook.
Well, what if we told you that Northeast Ohio could pull in even bigger numbers -- something on the order of $2.8 billion
-- without landing a single new company? We can, simply by increasing the number of college graduates in our region by a single percentage point.
The Talent Dividend
is a calculation of how much economic impact college grads have on a city. The best way to measure the economic success of a city is per capita income, and the most direct connection of per capita income is college attainment, says CEOs for Cities, the group that created the Talent Dividend initiative.
For a more in-depth look at Talent Dividend, click here