Apps open up for $155M in grants to small and medium-sized Ohio corporations

CLEVELAND — Programs open up Tuesday for four new grant plans presenting $155 million in funding to help modest and medium-sized firms get better from the coronavirus pandemic.

“These four new grant packages will support industries that expert losses around the final year for the reason that of the pandemic,” claimed Governor Mike DeWine. “Ohio’s economy is transferring ahead, and with new grant systems like the kinds we are saying now, we are optimistic that our economic climate will only proceed to develop much better from here.”

The applications will supply funding to organizations that opened in 2020. This features food items and beverage establishments, amusement venues and lodging venues. The money have been produced accessible by the Ohio General Assembly as component of Senate Invoice 108 and Senate Bill 109.

The four grants out there are:

  • Amusement Location Grant—provides $10,000, $20,000 and $30,000 to theaters, tunes venues, spectator athletics venues, museums and other leisure venues.
  • The Meals and Beverage Institution Grant— supplies grants of $10,000, $20,000 and $30,000 to restaurants, bars, espresso retailers and other food and drink enterprises.
  • The Lodging Grant— supplies $10,000, $20,000 or $30,000 to inns, motels and bed and breakfast functions.
  • The New Little Company Grant—provides grants of $10,000 to modest enterprises that had been founded involving Jan. 1, 2020 and Dec. 31, 2020.

“The concentration of this funding is principally on Ohio-owned, little enterprises that are crucial contributors to their nearby overall economy and the quality of life for the individuals who dwell there,” explained Lt. Governor Husted. “The grants will assistance these firms get gear, hire additional employees and make wanted updates to their amenities, so they, and the communities they provide, can get well speedier.”

To apply, simply click In this article.

This story is element of The Rebound: Northeast Ohio, Information 5’s initiative to assist individuals via the monetary impression of the coronavirus by supplying a person position to go for facts on anything accessible to assist and how to entry it. We’re delivering methods on:

Obtaining Back to Operate – Find out about the most up-to-date task openings, how to file for benefits and do well in the occupation market place.

Generating Finishes Meet – Find enable on subjects from lease to foodstuff to new belt-tightening approaches.

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Executing What’s Appropriate – Maintain track of the way men and women are shelling out your tax pounds and treating your neighborhood.

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