The MidAmerican Global Ventures team has decades of successful experience in government, politics and business. Working with our public partners, we have financed hundreds of projects and helped create thousands of jobs. We use our experience and expertise to support EB-5 investment projects.
In short, we help Ohio businesses and qualified foreign investors fund new ventures, expand operations, and create jobs.
MAG Ventures helps foreign nationals invest in job creating projects in the United States and assist businesses to secure low-cost capital.
MAG Ventures is a USCIS approved Regional Center covering Northwestern, Central, and Eastern Ohio. MAG Ventures also offers EB-5 direct Investment advisory services.
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MAG Ventures has partnered with several public organizations to support foreign investment in Ohio. Our team consists of nonprofit economic development agencies, public port authorities, and world-class universities. Together, we provide unparalleled service to foreign investors and project developers.
Ohio, the heartland of America, is a great place to build a business, raise a family and enjoy an outstanding quality of life. Ohio's central location, diverse economy and world-class education and healthcare institutions, offer business leaders amenities that few other states can match.
It's all found in Ohio.
Forbes' 19 Opportunity Cities: Columbus, Ohio Number 1
Columbus, Ohio, was supposed to be just a temporary stop in 2006 on the way East for Josh and Niki Quinn, a place to save money and plan their new business. After years of living in Los Angeles, where they launched the wholesale wallets and accessories brand Maxine Dear, the couple had decided to open a retail shop, either in Philly or New York.
A few months into their Columbus camp-out, they decided to stay put. “As we started comparing Columbus and what it had to offer with the other cities, especially when cost got factored into it, we saw that we would be able to do something right away, and on a larger scale than we would in other cities on the East Coast,” says Josh Quinn.
Behind the numbers
To find these Opportunity Cities, we scanned first for places with inexpensive home prices, using Sperling’s analysis of median home sales from from the first quarter of 2014, looking at all cities with a population over 150,000. Despite reports to the contrary, home ownership is still a goal for most Americans (even Millennials), and so we focused on places where that goal is more attainable. (Though not used for our ranking, rents in these cities are generally affordable as well.) Next, we looked at recent unemployment rates from the Bureau of Labor Statistics, also factoring in their direction year-over-year. Finally, using data from the Census’ American Community Survey from 2008 to 2012 (the most recent available), we factored in population growth overall, as well as among the 25-39-year-old cohort, a group we consider likely to move (or for that matter, stay put) for opportunities.
In the News
The Midwest should be a great place for foreign companies to consider when they decide to invest in the U.S.: Costs are low, cities are safe, energy is abundant and cheap, and the region is close to many of the nation’s biggest cities and customers.
But the Midwest is not attracting its share of dollars, often because foreign companies don’t know the region, a panel of experts said on Tuesday at the first Trust Belt conference.
A just-released economic impact study commissioned by Invest in the USA (IIUSA) finds that the U.S. EB-5 immigrant investor visa program contributed $3.58 billion to U.S. GDP and supported over 41,000 U.S. jobs during fiscal year 2013.
The report also looks at the economic contribution of the full capital stack of EB-5 funded projects based on a preliminary database of EB-5 Regional Center project costs.
In 2010, community and business leaders formed an economic-development group and set ambitious goals for the next 10 years: 150,000 new jobs, $8 billion in capital investment and per-person income growth of 30 percent.
Five years later, Columbus 2020 says it is on track to meet those goals and even exceed them, according to a report to be released this morning.