Grant Programs Available to Help Ohio Businesses
Ohio Department of Development
Millions of dollars remain available in four new grant programs that target businesses that have suffered significant losses during the COVID-19 pandemic.
The Ohio Department of Development is administering the grants. To apply, businesses can visit the For Businesses section at InvestingInOhiosFuture.Ohio.Gov. The site includes documents for each grant program’s terms and conditions, fact sheet, and frequently asked questions.
The programs are:
- Food and Beverage Establishment Grant: This program provides grants of $10,000, $20,000, or $30,000 to restaurants, bars, coffee shops, and other food and drink businesses. The amount of individual grants to eligible businesses will be determined by the business’ loss of revenue in 2020.
- Lodging Grant: This program provides grants of $10,000, $20,000, or $30,000 to hotels, motels, and bed and breakfast operations. The amount of individual grants to eligible businesses will be determined by the business’ decline in occupancy rate in 2020.
- Entertainment Venue Grant: This program provides grants of $10,000, $20,000, or $30,000 to theaters, music venues, spectator sports venues, museums, and other entertainment venues. The amount of individual grants to eligible businesses will be determined by the business’ loss of revenue in 2020.
- New Small Business Grant: This program provides grants of $10,000 to small businesses that were established between Jan. 1, 2020, and Dec. 31, 2020.
About three months ago, we launched our Recovery Within Reach campaign, a first-of-its-kind effort to educate Ohioans about the financial effects of opioid addiction — and to connect them with treatment options close to their homes.
Our goal is to create a new way of talking about addiction, one in which people consider the facts and practical realities of how substance use disorder affects their lives. Not long ago, Gov. Mike DeWine challenged all of us in state government to think of ways we could help Ohioans navigate the opioid crisis that has affected our state for so long. For us, that meant considering the financial effects of addiction — and providing tools and trainings to help Ohioans and financial advisers talk about addiction and access care.read more
Uptown Consortium, Inc. (UCI) received $45 million in New Markets Tax Credits, which it will use to spur development in transformational projects in Uptown Cincinnati.read more
Newark Development Partners (NDP), the community improvement corporation for the City of Newark, continues to further development in the Downtown through various projects. The sale of the Hudson Avenue Church with surrounding property, the renewal of the Downtown Special Improvement District and the commencement of construction at the Historic Arcade are all recent successes for the City of Newark.read more