Ohio

ย small business grants

Looking to grow your small business in Ohio? The state offers several small business grant programs to help fuel growth and encourage job creation.

Ohio offers a variety of programs to support business expansion, job creation, and workforce training. Programs like the Ohio Job Creation Tax Credit and the JobsOhio Workforce Grant provide essential resources for businesses aiming to grow and maintain a skilled workforce in the state.

Ohio Job Creation Tax Credit

  • Purpose: Encourages business expansion and job creation in Ohio.
  • Eligibility: Businesses creating at least 10 new full-time jobs within three years.
  • Benefit: Refundable tax credit based on the new payroll generated.
  • Application: Through the Ohio Development Services Agency.
  • More info: Credit percentage and term vary based on job creation, payroll, and location factors.

Ohio Incumbent Workforce Training Voucher Program

  • Purpose: Provides funding for employee training to improve workforce skills.
  • Eligibility: Ohio businesses in targeted industries.
  • Benefit: Reimbursement of up to 50% of eligible training costs, capped at $4,000 per employee.
  • Application: Through the Ohio Development Services Agency.
  • More info: Annual application process with limited funding available.

Ohio TechCred

  • Purpose: Supports workforce development in technology-focused skills.
  • Eligibility: Ohio employers looking to upskill current or new employees with tech-focused credentials.
  • Benefit: Reimbursement of up to $2,000 per credential earned, with a maximum of $30,000 per funding round.
  • Application: Through the Ohio Development Services Agency.
  • More info: Multiple application periods throughout the year.

JobsOhio Workforce Grant

  • Purpose: Supports job creation and workforce development initiatives.
  • Eligibility: Companies creating new jobs or making significant capital investments in Ohio.
  • Benefit: Grants to cover employee recruitment and training costs.
  • Application: Through JobsOhio.
  • More info: Grant amounts vary based on project scope and economic impact.

Ohio Small Business Development Center (SBDC) Network

  1. Purpose: Provides free business consulting and affordable training services.
  2. Eligibility: Small businesses and entrepreneurs in Ohio.
  3. Benefit: Access to business advisors, training programs, and resources.
  4. Application: Through local SBDC offices.
  5. More info: Offers assistance with business planning, accessing capital, and operational improvements.
List of small business grants

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