Lake County Microenterprise and Working Capital Programs
Ohio Economic Development Association
Economic Recovery Best Practice Case Study
|Lake County Microenterprise and Working Capital Programs
|Grants and RLF for Small Business
|Betsy Figgie, firstname.lastname@example.org, 216-570-9085 or Rhea Benton, Lake County Planning and Community Development; email@example.com; 440-350-2740.
|Microenterprise Emergency Relief Grant Program: Up to $5,000 in grant funding to businesses of 5 employees or less
Emergency Working Capital Loan Program: Loans up to $20,000 to businesses with 25 employees or less
Lake County Development Council
Lake County Commissioners
|“meant to foster further economic development, preserve and create employment opportunities for Lake County residents, and support the operations of small businesses during a time of need and emergency.”
|50% of employees must live in Lake County; Businesses who used PPP are NOT eligible; Must be located in Lake County; a variety of LMI and other criteria related to HUD requirements apply.
|See contacts above.
|Links / Resources
|$700,000 in CARES funding from HUD