In his three decades or so at the helm of Accelerated Laboratory Logistics, he has paid his bills and expanded his operations nationally. Learn How to Identify and Avoid Grant Scams, Appalachian Development Federal Credit Union, Association for Theater-Based Community Development, LLC, The, Campus Partners For Community Urban Redevelopment, Cornerstone Homesource Regional Loan Fund, Economic and Community Development Institute (ECDI). Here's how Ohio small businesses can apply for the SBA's disaster loans . We’re thinking about post-COVID-19 … and making sure that minority businesses not just make it past the pandemic … but also thrive long term.”. “I think this kind of equity alliance will bring those numbers down.”. All rights reserved. Rev1 Ventures is pleased to host this microsite and serve as the administrator for the Recovery and Return Safely grants. He wants to buy more trucks, hire drivers and open an office outside his home. Loans range from $500,000 to $1.5 million and can cover up to 75 percent of the project cost. Providing relief to small businesses to help: Survive the crisis, maintaining operations and employees Oak Hill Banks Community Development Corp. Ohio Community Development Finance Fund, The, Paramount Community Development Fund, LLC, Small Business Administration's Recovery Capital Loans, Small Business Administration's Loan Guarantees Program, Social Enterprise Serves Socially Good Chocolate, Civil Legal Assistance Attorney Student Loan Repayment Program, Supplemental Nutrition Assistance Program (SNAP) Recipient Trafficking Prevention Grants, Affordable Care Act (ACA) State Health Care Workforce Development Grants. Harrison and her husband and son are trying to keep the doors open and vehicles running, but the situation is tough. The county has allocated $2 million for grants and other assistance, and a Business Growth and Equity Alliance is being formed to provide further support. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. In February, Harrison was finalizing certification and an agreement that would have boosted her customer base. She was preparing to hire a receptionist and additional drivers to meet the expected demand. “We believe in the work that small businesses are able to provide in this community and especially bring jobs into the community,” said Stephanie Hightower, president and CEO of the Columbus Urban League. Since 2002, we’ve been investing in programs that promise to create real social change in our community—driving economic empowerment and leadership for women and girls. A small PPP loan helped earlier this year, but that money’s long gone. Funding is intended to offset financial loss due to business closures or reduced revenues impacted by the pandemic. “Minority businesses really need some support,” he said. Neighborhood Housing Services of Hamilton, Inc. Neighborhood Housing Services of Cleveland, Inc. CGF provides working capital financing to businesses that have difficulty obtaining credit from traditional financial institutions. Small Business Recovery Grants Goal: Financial Relief – To provide financial assistance to existing small businesses including enterprises operating in Low and Moderate Income (LMI) areas of the City of Columbus, in the form of a grant, with the goal of job retention. Grants up to $10,000 per applicant 2323 W. Fifth Ave, Suite 230 Columbus, OH 43204 614-225-9926 This amounts to over 256 programs receiving over $3.6 million to create long-term solutions. In the seventh edition of Benchmarking Central Ohio, The Columbus Foundation looks across a spectrum of metrics measuring community health to understand how the central Ohio region stacks up to comparable metro areas. 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