IMPORTANT! Ohio CARES Act – New Funding Available
Governor Mike DeWine announced $429.5M in CARES Act funding will be distributed as a relief package addressing several key areas, that have been significantly impacted by the pandemic. Watch the announcement here.
Small Business Relief
- $125M to establish Small Business Relief Grant program providing grants to eligible small businesses
- The Small Business Relief Program will provide $10K to eligible businesses, with no more than 25 employees
- can be used for a variety of business-related expenses including salary, worker health care premiums, supplies, equipment, mortgage/rent payments and more
- $44M set aside so all 88 counties get at least 50 businesses in each county
- Businesses that completes the application, meet criteria and submit will be eligible, on a first come/first serve basis.
- Apply online beginning November 2, 2020 – www.businesshelp.ohio.gov
- $37.5M to the Bar and Restaurant Assistance Fund
- Focused on the locally-owned community biz
- In addition, may apply for both relief funds the Small Business Relief funding and the Restaurants and Bars Fund
- Eligible businesses will receive $2500, distributed to eligible businesses with on-premises consumption permits including bars, restaurants, distilleries, etc.
- Must have an active permit as of Oct. 23, 2020
- To be eligible, restaurants or bars Do Not have to be currently open, but do have to have an active license
- More information available – www.businesshelp.ohio.gov
The CARES Act funding will also help with critical services and everyday help for Ohio residents who are negatively impacted by the coronavirus crisis.
- $62M funding relief to rural and critical access hospitals
- $50M relief program for Ohio residents to access rental, mortgage, water, and or sewer utility assistance
- $100M for higher education sites to be used for critical services, including targeting student mental health needs and COVID testing
- $25M for non-profits
- $20M to support arts in Ohio
For additional details, please visit www.businesshelp.ohio.gov or email BusinessHelp@Development.Ohio.Gov for the latest up-to-date information.
The Workforce & Business Development Program (W&B) provides all services under the Workforce Innovation and Opportunity Act (WIOA), as well as assists area small businesses providing business development services.
The W&B Program serves Pike County and the surrounding area offering expertise in small business services, free income tax preparation, financial literacy, as well as WIOA and TANF programs and services that prepare adults and youth facing serious barriers to employment.
The program is an active partner of OhioMeansJobs. The OhioMeansJobs Career Center offers an array of free resources for job search, career planning, and access to community resources. The Career Center is open to the public Monday through Friday from 8:00 a.m. to 4:30 p.m. Anyone seeking employment can visit the Career Center during normal business hours.
Some of the W&B Services offered include Career Readiness Workshops, Customized Training, Occupational Classroom Training, On-the-Job Training (OJT), Internship Training, Youth Programs, and Resume Development Services. Monies are allocated specifically for youth between the ages of 14-24, adults that are unemployed or incumbent workers, individuals unemployed due to a plant closure or long-term unemployed, and individuals with little or no work experience. Youth applicants must meet 100% of the Poverty Guidelines or 70% of the Lower Living Standard Income Levels (whichever is highest) or meet specified criteria. Adult applicants must meet 200% of the Poverty Guidelines, and Dislocated Workers must have a notice of permanent layoff or plant closure prior to enrollment.
Services offered to area small businesses (including start-ups) include The Business Resource Network (BRN), small business classes and one-on-one training and technical assistance, computer training, as well as the Small Business Loan Program which offers financing to individuals in Jackson, Pike, Ross, Scioto, Adams, Brown, and Lawrence Counties wanting to start, expand, or purchase a small business.
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