Grant Relief Funds Available to Assist Local Businesses
The Westerville Area Chamber of Commerce shared this information with us, and we wanted to share it with you:
There are several new grant funding programs available, and we wanted to make sure you are aware of the eligibility and time frame to apply.
Please see the five (5) programs to consider based on your eligibility. We encourage you to apply.
Gov. DeWine announced new CARES funding. See two programs below:
- $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 complete the application, meet criteria and submit will be eligible, on a first-come, first-served basis.
- Apply online beginning November 2, 2020 – www.businesshelp.ohio.gov
- $37.5M to the Bar and Restaurant Assistance Fund
- Focused on locally-owned, community businesses
- 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
Employer Advantage Fund
If you are located in Franklin County, the Workforce Development Board of Central Ohio has training investment funds to assist in upskilling new and existing workforce. Eligible employers can be reimbursed for wages and/or training costs affiliated with training their new and/or existing workforce. (Please note 51% of your workforce must live in Columbus Ohio.) Interested employers can complete a request for funding at this link:
Deadline to apply is Friday, November 30.
WeCAN (Covid Assistance Now)
If you are located in the City limits of Westerville, round two of WeCAN matching grant funding is available, up to $3,500.
WeCAN now offers a 50% matching grant of up to $3,500 to eligible small businesses for unexpected costs associated with COVID-19, such as job creation and retention, renovation, advertising, technology upgrades, personal protective equipment purchases and rent. First-time WeCAN applicants are asked to complete this application before 5 p.m. on Friday, Dec. 11.
If your business previously received funds through the WeCAN grant program, you may still be eligible for additional resources with the expansion of the $3,500 maximum, as it was previously $2,500. Returning WeCAN applicants are asked to complete this application before 5 p.m. on Friday, Dec. 11.
The program is designed to assist small businesses (fewer than 40 full-time employees) by providing recovery assistance to meet the challenges of the COVID-19 pandemic. Businesses that employ fewer than 40 full-time employees at a location within the City of Westerville limits may be eligible for assistance. Additional eligibility requirements available with both new and returning applications.
TechCred Grant Program
Those of you located in Franklin or Delaware County, the TechCred Grant program reimburses for employee training.
Many businesses are eligible to take advantage of training money through the Governor’s TechCred program. Upskilling employees, especially during a crazy year like 2020, could make for more efficient workflow in your organization. Applications will be accepted through Friday, October 30th. We want to get this information out to our valued Delaware County partners, so they can take advantage of this program.
There are HUNDREDS of credentials that qualify for TechCred.