Columbus Small Business Response and Recovery Fund

Ohio Economic Development Association
Economic Recovery Best Practice Case Study

Practice Name	Columbus Small Business Response and Recovery Fund
Category	Grants and RLF Small Business
Sector	Small Business
Organization	City of Columbus
Contact	614-645-8616
Web Site	https://www.columbus.gov/development/Economic-Development/Small-Business/ https://www.rev1ventures.com/columbus-covid-19-small-business-response-and-recovery-fund/
Description	Recovery Grants: Up to $10,000 for businesses in LMI areas to help with expenses and retain employees, businesses up to 25 employees Pivot Loans: Up to $20,000 for businesses in LMI areas to create or retain jobs, businesses up to 25 employees Return Safety Grants: Up to $5,000 in matching funds to pay for PPE, businesses up to 25
Partners	City of Columbus ECDI Rev1 Venture (ESP) Columbus Urban League Columbus Chamber of Commerce Franklin County
Outcomes	To provide financial assistance to existing small businesses including enterprises operating in Low and Moderate Income (LMI) areas of the City of Columbus, in the form of a grant, with the goal of job retention.
Other Criteria
Process
Links / Resources
Funding	$5.5 Million: federal CARES funding thru HUD JPMC funding for technical assistance