JobsOhio Small Business Grant
Funding for real estate investments, equipment, and more, so you can grow your business
The JobsOhio Small Business Grant provides grants of up to $50,000 for qualified projects to support the growth of small businesses that face unique challenges because they are either located in a qualifying zip code or are owned by an eligible population, which includes minorities, women, veterans, and people with disabilities. The program recognizes that eligible communities may benefit from investments and job creation on a smaller scale than communities that experience higher levels of corporate investment on a regular basis. To qualify, the company must have an eligible project and meet business size and industry requirements.
Since 2020, the JobsOhio Small Business Grant has helped over 100 businesses grow in Southeast Ohio.
What businesses are eligible for the Small Business Grant?
Grant decisions are based on several project factors, including but not limited to company location, company ownership, jobs created and/or retained, and project fixed asset investment. Support is intended for small to medium-sized companies.
- To qualify, businesses must be registered as a for-profit entity in the State of Ohio and in good standing with the Ohio Department of Taxation.
- The business must meet at least one of the following two requirements:
- Must be at least 51% minority-owned, woman-owned, veteran-owned or owned by an individual with a disability.
- AND/OR, the business is located in an eligible zip code. Visit the JobsOhio website to check eligible zip codes.
- Eligible businesses must have a portion of their sales and revenue generated by selling products, services, or software to other businesses; a business-to-business (B2B) company. The business may also sell direct to consumers, however the grant must support expansion or growth of the B2B side of the company. Investments in retail operations are not eligible, however some back-office distribution or e-commerce businesses may qualify.
- The business must be in operation for at least one year with revenue between $100,000 and $25 million.
- The company must be making a new investment in an eligible cost (listed in the next section) and willing to commit to at least 10% job and/or payroll growth over a three-year period.
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The JobsOhio Small Business Grant program helps not just us but the local communities around us. Because of this program, we buy products we need locally whenever possible. We hire local employees. We pay good wages and offer full benefits – and we’re located in the second poorest town in Ohio. The investment in our growth is an investment in our community.
Jonathan Milo Leal / Milo's Whole World Gourmet / Owner
To have the support from our local community, along with OhioSE, JobsOhio, and Meigs County CIC means so much to us. They invested in our dream to bring a specialty coffee roastery to Pomeroy, Ohio, and supply great coffee from our little piece of Southeast Ohio. The OhioSE team was great to work with and everyone was so supportive and excited about our project.
Candice Hess / River Roasters Coffee Company / Owner