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This is a great article that talks about many programs that are available through Valley Partners to help businesses in Ohio and Western Pennsylvania. We recommend that you read it at The Business Journal Daily.
Valley Partners (renamed from Mahoning Valley Economic Development Corp.) was founded as a driver of the local economy in 1978, a year after Black Monday and the beginning of the end of the steel industry.
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The state of Ohio has created a $37.5 million fund to help bars and restaurants that have been hurt by the COVID-19 pandemic, called the Bar and Restaurant Assistance Fund.
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If your business has been affected by the pandemic, be sure to apply! If your business qualifies, you can apply for this new grant program even if you also applied for/received the Mahoning County Small Business Relief Grant. This is a different grant.
The application process opens November 2 at businesshelp.ohio.gov.
Grants will provide $10,000 to small businesses in Ohio with no more than 25 employees.
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A second round of dividend checks from the Ohio Bureau of Workers Compensation will be mailed toOhio employers beginning this week through the end of October. The dividends equal 100 percent of the premium employers paid in policy year 2019.
The money is being given back to employers in response to Governor DeWine's request in August that the Ohio BWC Board of Directors approve a second dividend to provide financial support for public and private employers impacted by the ongoing pandemic.
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A Small Business Relief Grant with a maximum of $10,000 is available to qualifying small businesses in Mahoning and Columbiana Counties.
Eligible business include for profit, not for profit, and sole proprietor businesses that meet the following general criteria: