The JobsOhio Inclusion Grant Supports Distressed Communities and Underserved Populations
CARING FOR ALL OHIOANS
JobsOhio is prioritizing efforts to empower Ohio businesses with the resources they need to reach their potential. Since the start of 2020, we have worked on an inclusion strategy focused on investing in and driving job creation in distressed areas across Ohio – defined as those that have not recovered from the 2008 recession. JobsOhio also provides the capital needed to grow businesses in these communities and those owned by underserved populations.
A component of this strategy is the JobsOhio Inclusion Grant (JOIG), which was created in July 2020 as part of JobsOhio’s COVID relief programming. The program puts funding of up to $50,000 for small and medium-sized Ohio businesses located in distressed areas of the state and owned by underrepresented population groups, including minorities, women, and veterans.
SUPPORT FOR DISTRESSED COMMUNITIES AND UNDERSERVED POPULATIONS
Some homegrown businesses that have received a JOIG include The Chef’s Garden, an agriculture company in Huron, OH that pivoted its business model due to the pandemic, and MAKO Finished Products, a rural Lucasville, Ohio-based business that helps power a leading fitness brand.
The JobsOhio Board of Directors recently approved an increase of up to $8 million in 2021 for small and medium-sized business support due to the program’s effectiveness and growing demand.
This support is available to businesses in your community. For more information, please visit the JOIG landing page and contact us.
ODOD releases rules and program guidelines for Brownfield Remediation Program and Building Demolition and Site Revitalization Program
The Ohio Department of Development (ODOD) released rules and associated program guideline documents (Brownfield Remediation and Building Demolition and Site Revitalization) to govern the disbursement of $500 million in total grant funds for distressed properties in Ohio. Governor DeWine’s signature of H.B. 110 on June 30, 2021, set in motion the creation of two massive funding sources that are now available to community and economic development stakeholders: Brownfield Remediation Program (see R.C. 122.6511) and Building Demolition and Site Revitalization Program (see R.C. 122.6512).read more
The Ohio Export Internship Program matches businesses interested in growing exports with highly motivated college students who have taken export-focused coursework. The Ohio Department of Development offers participating small to medium-sized businesses a 50 percent reimbursement for the wages of the intern.read more
This is an incredibly exciting and auspicious time for Ohio’s bioscience, health and life sciences industries, with incredible growth and massive record investment in recent years. In 2020, bioscience companies in the state attracted a record $3.3 billion from sources including venture capital, exits, angel investment, federal research grants and other state initiatives.read more