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Cuyahoga County Small Business Grants 2022

Cuyahoga County Small Business Grants 2022 – , Ohio – Cuyahoga County will provide $2 million in U.S. bailouts to support local small businesses.

The Cuyahoga County Small Business Incentive Program, approved at Tuesday’s County Council meeting, will provide up to $50,000 in grants to local businesses employing fewer than 50 people.

Cuyahoga County Small Business Grants 2022

Cuyahoga County Small Business Grants 2022

Applications opened Wednesday on the county’s website and will remain open until Sept. 9 at 5 p.m., according to the county’s announcement.

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The grant is designed to help grow Cuyahoga County businesses that have survived the pandemic. Businesses can use grant funds to purchase equipment, salaries, marketing, site expansion, and more. can be used for

To qualify, businesses must be located in Cuyahoga County, be in business by June 1, 2020, and generate more than $35,000 in revenue in 2020 and 2021, according to the county’s website.

The National Development Council reviews applications and makes recommendations to a grant advisory committee of nonprofit and government officials for approval. The awards will be announced in the fall of 2022, and “scoring priority” will be given to minority-owned businesses and those securing outside investment, according to a press release.

We may receive compensation if you purchase a product or register for an account through a link on our site. CLEVELAND — Cuyahoga County is offering a second wave of funding through two programs to help small and large local businesses weather the economic downturn. Caused by the COVID-19 pandemic.

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Small business stabilization grants are one-time grants ranging from $2,500 to $5,000 for businesses with fewer than 25 employees, according to the county.

The committee comes before the epidemic and decides the amount of subsidy based on the size of the company. Not all eligible applicants receive funding. Ineligible applicants are contacted and lenders who offer low-interest loans to cover business-related expenses are contacted.

Businesses selected as finalists will be contacted and must submit the following documents prior to awarding:

Cuyahoga County Small Business Grants 2022

Enterprises that applied in the first round, but were not granted a grant, will be re-invited to the second round by filling out a new application. Enterprises receiving support in the first round of application cannot receive support in the second round. Business owners can only apply for support for one business, regardless of the number of sole proprietorships they own.

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A small business stabilization loan program is also available for small and medium-sized businesses with up to 500 employees. Loans start at $5,000 and go up to $10,000.

“We are committed to doing everything we can to support our small businesses – they are the lifeblood of our community and provide tens of thousands of jobs in the county,” said Cuyahoga County Executive Armond Budish.

Anyone with questions about grants can call 216-452-9714 and speak with someone at the Cuyahoga County Small Business Resource Center.

Sign up for What Happened Now? – a daily email newsletter highlighting the most important news in the Cleveland area each day. Michelle Madison, owner of Nurturing Excellence Child Enrichment Center, received financial and training support to start her own childcare business. (Courtesy of ECDI; Tariq Tarey Photography) (Courtesy of ECDI; Tariq Tarey Photography)

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, Ohio – The Cuyahoga County Council unanimously approved $3 million over the next two years to four local nonprofits and credit unions to better support minority and women-owned small businesses.

The Ohio Aerospace Institute will receive $1 million in grants. The Economic Community Development Institute and the National Community Development Council (also known as the National Development Council) will each receive $750,000, and the Rural Capital Corporation will receive $500,000.

While some agencies themselves provide loans from various sources to start or grow small businesses in the area, county money is used to fund “human capital,” as one agency puts it. It aims to provide greater access to technical assistance that entrepreneurs may need to formalize their business plans, work with banks to secure loans, or receive personalized advice to avoid missteps.

Cuyahoga County Small Business Grants 2022

Many people may have an idea for a small business but lack the business education or experience to know how to start a business, Councilwoman Cheryl Stephens said after Monday’s finance committee meeting. Minority business owners continue to struggle with historical discrimination in lending practices that limit their access to capital.

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The county’s expanded small business program “helps level the playing field if you’re a first-generation entrepreneur,” Stephens said.

Michelle Madison, an ECDI client, is an example of how the program can develop new business owners.

In 2019, she had 35 years of nursery school experience, but she wanted to open her own nursery school. He had already secured most of the funding he needed and had even found a place in Euclid before the floods threatened to derail his dreams.

Through ECDI, he obtained a loan to improve his property, while also receiving training to refine his business plan. Not only was she able to open the Perfect Child Enrichment Center in Euclid in the fall of 2020 in the midst of the pandemic, but the business has since grown from four children to 33.

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“I had all the knowledge about the childcare industry, I just didn’t have the resources to put it all together,” Madison said. “Their support made it easy to navigate.”

Today, she still attends training programs to better market her business through social media and build a website.

For years, the county has supported small businesses, women-owned and minority-owned businesses through its resource center, support and forgivable loan programs, a pandemic small business stabilization fund, and set goals for subcontractor participation in county projects. to ensure fairness. in his record.

Cuyahoga County Small Business Grants 2022

“This is another step in that direction,” said Councilman Jack Schron, chairman of the Economic Development and Planning Committee. “It’s part of our DNA, part of our culture.”

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We may receive compensation if you purchase a product or register for an account through one of the links on our site. Cuyahoga County Council members starting in 2022, from left: Jack Schron, Michael Gallagher, Martin Sweeney, Pernel Jones, Dale Miller and Scott Tuma. Front from left, Councilors Sunny Simon, Meredith Turner, Yvonne Conwell, Nan Baker and Cheryl Stephens. (Photo courtesy of Cuyahoga County Council) Cuyahoga County Council

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, Ohio — Cuyahoga County officials and council members reached a secret deal to spend $66 million to fund a U.S. aid program without a public hearing or vote, and then quietly began collecting projects for their “buckets,” according to The Plain Dealer. according to the documents.

The opaque process left nonprofits and community groups in the dark and allowed council members to control who applies for federal funding, which is split evenly among the county’s 11 districts. Critics of the so-called “community support funds” as “kill funds” say the model lacks transparency and gives individual councilors too much control over how the money is spent, opening the door to patronage and corruption.

The state’s Sunshine Law prohibits local legislatures from adopting agreements or making other decisions outside of public meetings. And David Marburger, a First Amendment attorney and author of Access with Respect: A Lawyer’s Guide to Freedom of Information in Ohio, said county council members’ secret ARPA spending plan and backroom deals violate both the state’s sunshine law and state law. The council’s own bylaws require it to pass legislation before taking any action.

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That means any spending the board approves from ARPA’s individual funds is “illegal” and “invalid” because it stems from an agreement the board never formally voted on, Marburger said.

County officials defended the process, saying it was above board and that the money would be used for meaningful projects.

“No sunlight laws were violated,” council President Pernell Jones said in a statement. “The county executive and I have agreed to jointly announce our ARPA funding parameters, which were released in March and April. All proposed ARPA funding has been and will continue to be heard in public hearings, including opportunities for review and public comment. Each proposal is on its own merits and is voted up and down after several public hearings.”

Cuyahoga County Small Business Grants 2022

Jones called the controversy over funding methods an outrage. ARPA money goes to “roads, bridges, public safety, parks and public services,” he said, though it’s earmarked for less urgent projects like the golf course clubhouse, dog parks and the Air Show.

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For this story, The Plain Dealer pored over 45,000 pages of documents obtained through a public records request — emails sent between board members and staff between Feb. 1 and June 22, including keywords such as ARPA, bailouts and discretionary funds. . Our goal was to understand how and when the board drafted ARPA’s spending plan in secret—without a formal vote, long before the public knew about it. We are here

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