Municipal Small Business Initiative (City of Cleveland)

Municipal Small Business Initiative (City of Cleveland) is sponsored by City of Cleveland. This grant, partnering with the U. S.

Small Business Administration and Cuyahoga County, allows businesses to reduce their equity in an SBA-funded project from the required 25% to 10%. The City provides a grant of 15% (of total project costs less working capital).

City of Cleveland, incentives, financing, grants, loans The City of Cleveland has a variety of loans and grants to help expand your company or relocate your company to Cleveland. In addition, we work with Cuyahoga County and the State of Ohio to bring other resources to finance your needs. Below are a list of City programs.

Our skilled staff can also customize a financial package for your company in seven business days. Gardening for Greenbacks Program In 2008, The Gardening for Greenbacks Program was established to forge Cleveland as a model for local food system development and serve as a resource to ensure that every resident has access to fresh, healthy and affordable food. The Gardening for Greenbacks program assists entrepreneurs that ...

Municipal Small Business Initiative Partnering with U.S. Small Business Administration and Cuyahoga County, this performance grant allows businesses to reduce their equity in a SBA funded project from the required 25% to 10%. The City provides a grant of 15% (of total project costs less working capital ) which is funded h...

Ohio Brownfield Program Grant The State of Ohio has released guidelines for the $350,000,000 Brownfield Redevelopment Program. The funds will be awarded on a first come, first serve basis. Applications for the first round are due January 31, 2022.

Applications may be for Environmental Assessment or ... Steelyard TIF Grant - Placemaking & Small Business Grant The Steelyard TIF Grant Program was established in 2006 to support Cleveland’s neighborhood economies, which were impacted by the arrival of big-box retail at Steelyard Commons. This program has been updated to better meet the evolving needs of these communities.

It offers two types of ... The Tech Delta Program is designed to supply financial assistance to tech and medical companies relocating or expanding within the City of Cleveland. These companies experience much higher build-out costs or rental rates due to specific technological needs for their operations.

The Department ... The Cleveland Major Events Grant Program Thank you for selecting Cleveland as the host of your upcoming event. The Cleveland Major Events Grant Program is intended to support the execution of high-profile, national-scale events hosted within and benefitting the City of Cleveland.

The Equipment Loan Program funded with Federal Economic Development Administration Title IX funds is designed to assist small-medium businesses who are creating or retaining jobs and looking to expand in the City of Cleveland. The Program offers long term, fixed rate financing for the acquisit...

The Mayor’s Neighborhood Transformation Initiative (NTI) Forgivable Loan program provides financial assistance to businesses and landlords located in one of the targeted neighborhoods. These programs aim to fill vacancy and reactivate commercial corridors.

Neighborhood Retail Assistance Program In 2018, the City of Cleveland recognized 12-years since the establishment of the Neighborhood Retail Assistance Program—a program that assists existing and start-up small businesses and entrepreneurs. Cleveland is one of only a handful of cities across the country to provide financing to loca...

Working Capital Loan Program The Working Capital Loan Program funded with Federal Economic Development Administration Title IX funds is designed to assist small-medium businesses who are creating or retaining jobs and looking to expand in the City of Cleveland. The Program helps companies that need additional working capi...

Enterprise Zone Tax Abatement Program The Ohio Enterprise Zone Program is an economic development tool that provides real property tax exemptions to businesses making investments in Ohio. Enterprise Zones are designated areas of land in which businesses can receive tax incentives in the form of exemptions on eligible new investmen...

Industrial/Commercial Land Bank Development in an urban core frequently means redeveloping or repurposing land and buildings in order to meet current market needs. The Department of Economic Development recognizes the need to invest in the redevelopment of brownfield sites as a key part of furthering the City of Cleveland's ...

The Opportunity Corridor is a 3-mile roadway under construction that will run from East 55th Street at Interstate 490 to East 105th Street in University Circle. The roadway project is being managed by the Ohio Department of Transportation.

Storefront Renovation Building Program The mission of the City of Cleveland's Storefront Renovation Program (SRP) is to preserve, support and revitalize commercial retail districts in our city's neighborhoods. The SRP Building Rebate incentive offers design assistance and a financial incentive to commercial property owners or tenan...

Storefront Renovation Sign Only Program The mission of the City of Cleveland's Storefront Renovation Program (SRP) is to preserve, support and revitalize commercial retail districts in our city's neighborhoods. The SRP Sign Only Rebate incentive offers design assistance and a financial incentive to commercial property owners ... Get Started With Us Today