Multiple companies in Northwest Ohio’s Allen County recently announced seven expansions through the assistance of a new JobsOhio incentive program that will support these service and manufacturing development projects. The JobsOhio Inclusion Grant provided grant funding to the seven projects in the amount of $250,000. Those dollars supported the creation of 25 new jobs and the retention of 130.
“Gap financing through the JOIG has enabled seven of our businesses to move forward with machinery purchases and IT upgrades this year. The investments will result in new jobs and business expansion,” said Dave Stratton, Allen Economic Development Group President/CEO. “The JOIG has been a difference maker in a difficult year.”
The companies, spread across the Northwest Ohio county, all received assistance from JobsOhio Inclusion Grants, a new program that provides support for eligible projects in designated distressed communities and/or for businesses owned by underrepresented populations across the state.
“JobsOhio Inclusion Grants are a tool that can spur business growth and opportunity for underrepresented communities and populations to support Ohio’s potential for a sustainable recovery and economic growth,” said J.P. Nauseef, JobsOhio president and CEO. “These seven small and medium-sized businesses have outstanding potential to expand and bring more jobs and revitalization to Allen County.”
The Allen County Businesses receiving JobsOhio Inclusion Grants are: