Small Business Relief Grant Funding Still Available

​Recently, Ohio Governor Mike DeWine and Lt. Governor Jon Husted announced that the administration, in partnership with the General Assembly, developed a package of more than $419.5 million CARES Act funding to help Ohioans.
 
The package includes $125 million in CARES Act funding to provide grants to small businesses with no more than 25 employees. The grant funding will help businesses pay for a variety of expenses, including mortgage or rent payments; utility payments; salaries, wages, or compensation for employees and contractors; business supplies or equipment; and other costs.
 
Each business that meets the criteria and submits a complete application will be eligible for a grant of $10,000 in accordance with the following guidelines:

• $44 million of the grant funds will be set aside to ensure businesses in all 88 counties receive funding. 50 businesses will be funded in each county.
• As applications are approved on a first-come, first-served basis, grants will be awarded first from each county’s allocation.
• When a county’s allocation is depleted, grants will be awarded from the remainder of funding on a first-come, first-served basis regardless of the business’ location in Ohio.
• If Development does not receive eligible applications sufficient to award all 50 grants to businesses in each county within the first 21 days after the application is opened, the remaining funds allocated to that county will be available to businesses regardless of their location in Ohio.

​Applications and grant guidelines are available here: 
www.champaignworks.com/CARESGrantChampaignCounty 

Application deadline is November 13, 2020 at 5:00 pm. Due to the short application period, we recommend you apply as soon as possible.  In order to assist you, please send your questions to info@cepohio.com.
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Businesses are also encouraged to visit https://businesshelp.ohio.gov for additional assistance.  Governor DeWine announced CARES Act funding through the State of Ohio for small business and others that have been impacted financially by the pandemic