WARREN, Ohio - Congressman Tim Ryan announced $1.2 million in grants Thursday to BRITE Energy Innovators and MAGNET to support manufacturing and Entrepreneurship in Ohio.

The funding comes from CARES Act Recovery Assistance grants and is expected to create 700 jobs, retain 650 jobs, and generate $110 million in private investments.

According to the release, Cleveland's Manufacturing Advocacy and Growth Network (MAGNET) will receive $624,316 and is expected to create 100 jobs, retain 500 jobs, and generate $10 million in private investment. Jumpstart Inc., the Youngstown Business Incubator, and Team NEO are subrecipients to the MAGNET award.

Warren's BRITE Energy Innovators will get $571,355. That money is expected to create 200 jobs, retain 150 jobs, and generate $100 million in private investment. The project will be matched with $155,699 in local funds.

"It's organizations like BRITE that are leading the effort to foster startups driving innovation in energy tech and MAGNET which assists and promotes Northeast Ohio's manufacturing growth that help fuel Voltage Valley and advanced manufacturing for lasting economic impact. I'm immensely proud of the work they've done, and look forward to the benefit they will continue to provide to our local community and economy," said Congressman Tim Ryan.