Grant Requirements
Businesses must meet one of the following criteria:
Business must be 51% owned by an underrepresented population
- Minority-owned
- Women-owned
- Veteran-owned
- Owned by an individual with a disability
“The JobsOhio Small Business Grant has helped our company develop new production lines doubling our capacity. It is great to have a partner who is also willing to help invest in our community!”
– Justin Woodruff, General Manager, Sandy Creek Mining (Fostoria/Seneca County)
Project Definition
Projects require a commitment over time and will be defined by an appropriate combination of the following metrics: fixed asset investment, job and payroll creation, job and payroll retention, employees trained, and training costs.
Eligible Costs
The JobsOhio Small Business Grant is intended for fixed asset investment in machinery and equipment, and real estate investments including redevelopment, and training costs. These include:
- Land
- Building
- Leasehold improvements
- Machinery and equipment
- Moving and relocation costs of machinery and equipment related to the project
- Infrastructure
- Site Development
- Revitalization Costs including demolition, renovation, and environmental remediation
- Rolling stock (including all equipment and vehicles consisting of trucks, trailers, tractors, service vehicles, vans, pick-up trucks, forklifts, wheel loaders, and other mobile equipment and other vehicles used by the company to transport inventory or or materials)
- Fees and material costs related to planning and feasibility studies
- Engineering services
- Employee training costs
- Information technology including hardware and industry-specific software
Ineligible Costs
- Bonds or other debt instruments issued by the grantee to finance the completion of the site improvement project shall not be retired or serviced with grant funds
- Administrative costs (including salaries and travel)
- Contributions/donations by the grantee to individuals or organizations
- Costs resulting from violations of or failure to comply with federal, state, and local laws and regulations
- Food, drinks, entertainment
- Goods and services for personal use by the grantee’s employees
- Long-term housing and personal living expenses
- Interest in borrowed money
- Organized fundraising
- Travel expenses
- Taxes from which the grantee is normally exempt
Contact Us Today to Determine if Your Business Qualifies
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Key Contact
Chase Eikenbary
Vice President of Project Management
Regional Growth Partnership
eikenbary@rgp.org
419-722-4427