Who is Eligible?
Businesses need to:
Have annual revenues between $100,000 and $25 million
Operate within one of JobsOhio’s 10 target industries with revenues primarily from B2B sales
Have at least one year of operating history
Planning an eligible investment and can demonstrate how the program’s support is instrumental in moving the project forward
Additional requirements:
Company payroll and/or employment will increase at least 10% as a result of the project
Project is financially feasible based on required investments and company financial standing
Retail operations and all professional services are not eligible
What Can the Grant Be Used For?
Typical eligible expenses include:
Facility acquisition or improvements
Machinery and equipment
Rolling stock
Industry specific software
Training
A full list of eligible costs can be found in the JobsOhio Small Business Grant Program Guidelines.
