Small Business Grants In Ohio – The United States Small Business Administration, a federal agency, is now offering long-term, low-interest loans to Ohio businesses and nonprofits struggling financially due to the coronavirus crisis. (US Small Business Administration)
, Ohio — The Small Business Administration is awarding grants to 51 agencies to help entrepreneurs connect with government resources.
Small Business Grants In Ohio
The grants are part of a pilot program by the SBA and the Biden-Harris administration. It is a US bailout initiative aimed at reducing barriers for small businesses, including those owned by disadvantaged groups, to access government resources.
Small Business Relief Program
“We need to identify businesses where they have the resources to start, grow and resiliency, and the Community Navigator pilot program will launch a trusted network of community partners to connect America’s entrepreneurs with the SBA,” Share administrator Isabela Casillas Guzman said in a message.
Scholars are divided into three levels. These include eight organizations that will offer support at the national level, 11 that will offer it at the state or city level and 32 that will offer support at the local level.
According to the SBA website, minority-owned businesses and corner stores have been less successful in accessing programs offered during the COVID-19 pandemic.
The goal of the Community Navigators program is to help small businesses more easily access resources such as financial assistants and industry training.
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According to a press release, the organizations that received the funds will step up their activities to support local business owners in the coming weeks.
If you purchase a product or register for an account through one of the links on our site, we may receive compensation. The Brown County Chamber Development Foundation has partnered with the Duke Energy Foundation to receive an additional $15,000 in grants to distribute to small businesses in Brown County.
“These are challenging times, and the COVID-19 crisis has been particularly difficult for small businesses,” said Chad Shaffer, Duke Energy’s government and community relations manager. “These grants will support the businesses that are the backbone of the Brown County communities we serve.”
A selection committee selects award winners based on completed applications and taking into account the importance of the positive impact for which funding is sought. Grants range from $1,000 to $5,000. The grants are used for various operating expenses to help these companies recover, support employees and grow.
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The Small Business Relief Fund application form is available on the Chamber’s website at BrownCountyChamberOhio.com or can be requested at [email protected]. Applications are submitted until November 30, 2022.
“It was an honor to be selected as a local 501(c)(3) nonprofit,” said Missy Jimison, president and CEO of the Brown County Chamber of Commerce. “We are grateful for the Duke Energy Foundation’s partnership in supporting our small business community.”
“The Duke Energy Foundation is proud to support the small businesses that define our neighborhoods,” said Kim Vogelgesang, Duke Energy Foundation. “As our region continues to recover from the pandemic, these funds will help small business owners thrive.”
The Duke Energy Foundation is focused on empowering and empowering communities across Ohio with grants that emphasize vibrant economies, climate resilience and equity, equality and inclusion. The Brown County Development Foundation is the education, human development, community development and economic development arm of the Brown County Chamber of Commerce. CLEVELAND, Ohio (VOIO) — New numbers show there’s still incredible demand for help keeping small businesses afloat.
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19 News investigators told you when the state’s grant application system was overwhelmed last month as many small business owners tried to apply for CARES Act funding.
The new data paints a grim picture of the ongoing struggle small businesses face, even after Ohio has paid back nearly all of the $125 million it committed to the program.
Kim Flaherty owns AOK Fitness in Strongsville. She was hoping to get one of the $10,000 state grants.
“It would help me sleep at night if I knew that pillow existed,” she said. “It was really hard.”
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“I’m just confused as to why the employment certificate is being denied,” Flaherty said. “What else could you offer?” she said.
She says she successfully secured a state scholarship at the beginning of the pandemic. This time, she says, she posted even more tax records and salary data than the first time the state issued similar money.
Of the 36,280 applications received, about 12 percent were rejected, according to the data we received from the state.
According to the letter Flaherty received there, it seems there is no second chance for her.
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“No. Just ‘rejected’. Get in the back row and start over,” she said.
This is a problem for them, because the figures show that out of 12,500 companies for which the state has money, 12,473 have already received funds. That’s more than 99 percent.
The state says it has 19,338 more applications to consider, but only has enough money to fund just 27 of them.
Flaherty knows that if she can figure out what to do to get back in line, she probably won’t be one of them.
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“Anyone working paycheck to paycheck — that’s how small businesses work now,” she said. “Just minute to minute, week to week hoping to make it another month.” It’s a sad reality.”
If Ohio were to receive more small business money in the coming days, it’s unclear whether the state would give it next in line for that small business grant or create a new application system.
Cleveland Vibes Send Good Vibes to East Palestine Community with Friday Night Fundraiser (COLUMBUS) — Ohio Mike DeVine reminded Ohio business owners today that grants are available through the Ohio Department of Small and Medium Business Support to help businesses recover. from the impact of the corona virus pandemic.
A total of $310 million will be offered through four grant programs to support new businesses opening in 2020, restaurants, entertainment and lodging. To ensure that grants are distributed statewide, each program has a set aside amount of funding for each of Ohio’s 88 counties. If businesses in the district do not use the district’s allocated funds by July 31, the remaining funds will become available to businesses across the state.
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“I strongly encourage small and medium business owners in Ohio to apply for these grants,” DeVine said. “Funding goes to businesses in all 88 counties in Ohio, with grants ranging from $10,000 to $30,000 each.” As we continue to recover from the pandemic, we want to give this money to our local businesses to help them thrive.”
When DeVine announced the launch of these grant programs in June, the grant pool was $155 million, with funds provided by the Ohio General Assembly through Senate Bill 108 and Senate Bill 109. The annual budget was approved by the Ohio General Assembly and signed by DeVine.
All four programs are managed development. Program policies, terms and conditions, and required documentation for all four programs are available at BusinessHelp.Ohio.Gov. Applications opened on June 29 and will remain open until funds are exhausted.
The Ohio Small Business Development Centers and Ohio Minority Business Assistance Centers have counselors who can help companies with the application process.
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This program provides grants of $10,000, $20,000 or $30,000 to restaurants, bars, cafes and other food and beverage businesses. The amount of individual grants to eligible companies depends on the company’s loss of revenue in 2020.
To ensure the grants are distributed statewide, $500,000 will be awarded to businesses in each of Ohio’s 88 counties. As companies qualify for funding in each district, grants are awarded on a first-come, first-served basis. Once a district’s allocation is exhausted, companies in that district are eligible for grants from the remaining funds of the entire grant program. If businesses in the district do not use the district’s allocated funds by July 31, the remaining funds will become available to businesses across the state.
This program offers grants of $10,000, $20,000 or $30,000 for theaters, music venues, spectator sports venues, museums and other entertainment venues. The amount of individual grants to eligible companies will be determined by the company’s 2020 revenue shortfall.
To ensure the grants are distributed statewide, $150,000 will be awarded to businesses in each of Ohio’s 88 counties. As companies qualify for funding in each district, grants are awarded on a first-come, first-served basis. Once a district’s allocation is exhausted, companies in that district are eligible for grants from the remaining funds of the entire grant program. If businesses in the district do not use the district’s allocated funds by July 31, the remaining funds will become available to businesses across the state.
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This program offers grants of $10,000, $20,000 or
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