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Find similar grantsEconomic Development Grant (Finance Fund) is sponsored by Finance Fund. These grants provide funding for self-sustaining projects that create permanent private sector jobs to strengthen an area's economic base. They are available for hard construction costs, fixed assets, feasibility studies, market studies, and business plans.
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Economic Development Program Economic Development Grants Economic Development Program Goal: The principal goal of the Economic Development Program is to create and retain permanent, private-sector job opportunities , principally for low- and moderate-income persons, through the expansion and retention of business and industry in Ohio communities.
Grant Ceiling: $500,000 maximum for direct loans , $500,000 maximum for off-site infrastructure projects. Maximum grant ceilings include project and program administration costs. Eligible Jurisdictions: Non-entitlement cities and counties.
Counties must apply on behalf of villages and townships; counties may also apply on behalf of cities within their jurisdiction. Revolving Loan Fund Participation: Local units of government will be required to substantially disburse any existing Revolving Loan Fund balance in conjunction with or prior to the submission of a funding application to the State for a specific economic development project.
Eligible Activities: Eligible activities include provision of financial assistance, through eligible units of general local government, to private for-profit entities to carry out economic development projects , as well as public improvements directly and primarily related to the creation, expansion or retention of a particular business.
Financing under the State CDBG Economic Development Program may cover fixed assets, including land, building, machinery and equipment, as well as the infrastructure investment directly related to business or industrial development. The amount and type of financial assistance provided to a project must be deemed appropriate with respect to the financial gap and the public benefit to be derived.
Financing for fixed assets must be provided in the form of a non-forgivable loan. In addition, job training is an eligible CDBG Economic Development Program activity. The State may provide applicants additional Economic Development Program funds , up to $50,000, to provide training for low- and moderate-income individuals whose positions were created/retained by the recipient business.
The training provided by the business must meet the requirements of the Ohio Workforce Guarantee Program (OWG) administered by the Ohio Department of Development’s Workforce and Talent Division. Financing of existing debt, working capital, non-capital equipment, and inventory. Financing of a project that involves the relocation of an industry or business from one area of Ohio to another.
Exceptions will be made by the state on a case-by-case basis, but only if the relocation of an industry or business will create additional jobs, and the industry or business furnishes information to the state which demonstrates that the industry or business could not continue to operate in the existing location.
Also, the applicant community must send a letter (by certified mail) to the community from which the business is relocating, explaining the reasons for relocation. The letter must include OHCP’s address and identify the OHCP Economic Development Coordinator as the contact person. Financing of speculative projects or buildings.
Speculative buildings include those that do not have tenant commitments for at least 50% of the floor space or where project resources may not be sufficient to cover expenses. Provided by Lassiter Consulting Group, LLC
According to the current listing, eligibility includes: Non-profit community-based organizations seeking seed funding to determine project feasibility or to move projects forward, working to meet the needs of low- and moderate-income communities in Ohio. Confirm the full requirements in the official notice before applying.
The current listing shows up to $150,000 for hard construction costs and fixed assets; Up to $40,000 for eligible uses such as feasibility studies. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Economic Development Grant (Finance Fund) is funded by Finance Fund. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Ohio. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Healthy Food for Ohio (HFFO) program is sponsored by Finance Fund. The Healthy Food for Ohio (HFFO) program is a public-private partnership that provides loans, forgivable loans, and grants to food retailers developing new or renovating existing fresh food retail in underserved communities throughout Ohio. The program helps overcome funding gaps and barriers, increasing access to affordable, fresh food and quality employment opportunities.
Healthy Food for Ohio Program is sponsored by Finance Fund. The Healthy Food for Ohio (HFFO) program is a public-private partnership that provides loans and grants to food retailers developing new or renovating existing fresh food retail in underserved communities throughout Ohio. The program helps to overcome funding gaps and barriers faced by food retailers operating in low-to moderate-income areas and aims to increase access to affordable, fresh food, improving health and economic development for Ohio's communities. Financing can be used for capital projects to build new healthy food retail or expand existing facilities.
Social Finance launched the Local News Impact Investment Fund on October 27, 2026 with $21 million from MacArthur, Knight, Press Forward and itself. It makes debt and equity investments of $500,000 to $2 million in nonprofit and for-profit newsrooms. It does not make grants. Here is who fits, what underwriting will look for, and how to inquire.
Read articleThe Citi Foundation announced its 2026 Community Finance Initiative grantees on September 23, 2026 — 70 nonprofits at $500,000 apiece. The competition closed with a February 18 letter of inquiry, and the audited-financials and no-fiscal-sponsor rules screened the field before a single proposal was read.
Read articleThe Department of War's Office of Strategic Capital opened its National Security Fund Finance program with facilities of $500 million to $1 billion. It is not a grant, the applicant is not a company, and the eligibility bar filters out almost everyone reading this. Here is who it is actually for — and what the rest of the critical-minerals ecosystem should do about it.
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