JobsOhio Small Business Grant | up to $50,000

Who: Must be at least 51% minority-owned, woman-owned, veteran-owned or owned by an individual with a disability AND/OR the business is located in an eligible zip code

Deadline: Rolling

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The JobsOhio Small Business Grant was developed to provide additional financial support for qualified projects in designated communities and/or for businesses owned by eligible populations across the state. The program recognizes that eligible communities may benefit from investments and job creation on a smaller scale than communities that experience higher levels of corporate investment on a regular basis. Additionally, this program recognizes that businesses owned by eligible populations may face additional challenges in growing their businesses.

Grant decisions are based on several project factors, including but not limited to company location, company ownership, jobs created and/or retained, and project fixed asset investment. Support is intended for small to medium-sized companies.

Evaluation Criteria | JobsOhio Small Business Grant

All applicants must meet the following criteria:

• ● Businesses must be registered as a for-profit entity in the State of Ohio and in good standing with the Ohio Department of Taxation.

• The business must meet at least one of the following two requirements:

  • Must be at least 51% minority-owned, woman-owned, veteran-owned or owned by an individual with a disability

  • AND/OR, the business is located in an eligible zip code. Visit our website to check eligible zip codes.

• The business must be in operation for at least one year with revenue between $100,000 and $25 million.

• The company must be making a new investment in an eligible cost (listed in the next section) and willing to commit to at least 10% job and/or payroll growth over a three-year period.

Grantee Obligations

Please visit the grant website to review the details, rules, and specifications.

Benefits

Each recipient of the JobsOhio Small Business Grant will receive up to $50,000 for site and building improvements, machinery and equipment, utility upgrades, information technology, and training costs.

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