Incentives
Both the Toledo region and Ohio boast an impressive variety of incentive offerings to align with an expanding company’s financial needs
State and local tax incentives, grants and low-interest financing offer businesses the opportunity to reduce risk while encouraging investment in Ohio. Depending on geographic location within Northwest Ohio, additional incentives may be available at the local municipality or county level. Each local incentive is determined on an individual project basis by considering factors such as job creation, payroll and capital investment. Such incentives may include:
Performance-based Or Job Growth Incentives
Workforce Training Assistance And/Or Grants
Property Tax Abatement In Real Estate Improvements
Loan Programs
Ohio offers performance-based incentives to assist companies that are starting, relocating or expanding operations in the state. Funding decisions are based on a number of project factors, including but not limited to job creation, payroll figures, fixed-asset investment commitment, project location and project return on investment.