JobsOhio Small Business Grant

JobsOhio Small Business Grant is sponsored by REDI Cincinnati (JobsOhio). Provides financial support for eligible projects within JobsOhio's 10 target industries, including technology and cybersecurity. Grant decisions are based on factors such as jobs created/retained and fixed asset investment.

JobsOhio Small Business Grant | REDI Cincinnati Business and Professional Services JobsOhio Small Business Grant Do you need support growing your southwest Ohio small business? The JobsOhio Small Business Grant provides financial support for eligible projects within one of JobsOhio’s 10 target industries.

Grant decisions are based on several project factors, including but not limited to jobs created and/or retained, and project fixed asset investment. Support is intended for small to medium-sized companies with annual revenues of up to $25 million. JobsOhio Small Business Grant Details Is Your Business Eligible?

Eligible companies must have been in operation for at least one (1) year and be able to demonstrate $100,000 in annual revenues. Companies must be engaged in JobsOhio’s targeted industries and business functions.

These industries include: Ineligible projects and companies include retail or operations that include point-of-final-purchase transactions at a facility open to the public or other population driven businesses that derive most of their sales from in-person delivery of services or products.

JobsOhio Small Business Grant (Printable) 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 projects that improve operational efficiency along with job retention will be considered for support.

JobsOhio Small Business Grant Information (Printable) JobsOhio Small Business Grant targets fixed asset investment in machinery and equipment, real estate investments including redevelopment, and training costs.

These may include: Moving and relocation costs of machinery and equipment related to the project Revitalization costs including demolition, renovation, and environmental remediation Fees and material costs related to planning and feasibility studies Information technology including hardware and industry specific software Bonds or other debt instruments issued by the grantee to finance completion of the site improvement project shall not be retired or otherwise serviced with grant funds Administrative costs (including salaries and travel expenses) Rolling stock (defined as anything that must be registered with a government entity and/or travels on a public right of way) Contributions and donations by the grantee to individuals or to other organizations Costs (fines, penalties, assessments) resulting from violation of or failure to comply with federal, state, and local laws and regulations Food, drinks, and entertainment Goods and services for personal use by the grantee’s employees Long-term housing and personal living expenses Interest on borrowed money Taxes from which the grantee is normally exempt JobsOhio Small Business Grant Information (Printable) JobsOhio Small Business Grant is reimbursement based and requires supporting documentation including proof of payment.

JobsOhio may consider alternatives to proof of payment at time of reimbursement request under special circumstances and as approved by leadership. JobsOhio Small Business Grant Connect with the staff at REDI Cincinnati to determine if the JobsOhio Small Business Grant can help your growing business. This field is for validation purposes and should be left unchanged.

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