Governor Mike Dewine has designated $125,000,000 of funding received by the State of Ohio from the Federal CARES Act to provide $10,000 grants to small businesses to assist in ensuring the survival and stability of these crucial businesses. These “Small Business Relief Grants” (SBRG) will be administered by the Ohio Development Services Agency.
$500,000 will be allocated to eligible businesses in EACH of Ohio’s 88 counties on a FIRST COME, FIRST SERVED BASIS. The remainder of the funding available will be awarded on a FIRST COME, FIRST SERVED basis regardless of the business’ location in Ohio.
Eligible businesses include for-profit entities such as Corporations, LLC’s, Partnerships, Joint Ventures and Sole Proprietors. The entity MUST HAVE AT LEAST 1 AND NO MORE THAN 25 Ohio employees paid via W-2 wages. Please see the link below for more information.
Beginning on November 2, 2020 at 10:00 AM, businesses can submit an application for the SBRG at www.businesshelp.ohio.gov. In order to access the application, individuals will be required to login using an existing OH/ID (Ohio Business Gateway), which provides users with secure access to State of Ohio services and programs.
Due to the time-sensitive nature of the grant awarding, BGMF recommends that all qualified businesses apply on November 2nd at 10:00 AM. If anyone requires assistance from BGMF, the applications will be submitted also on a first come, first served basis. BGMF’s fee for the completion and submission of the application will be based upon the time spent on the individual application, not to exceed $750.