Business and Industry | Office of Grants and Tax Incentives

 

Grant Programs:

Roadwork Development (629) Account: Funds are available for public roadway improvements, including engineering and design costs. Funds are available for projects primarily involving manufacturing, research and development, high-tech, corporate headquarters, and distribution activity. Projects must typically create or retain jobs. Grants are usually provided to a local jurisdiction and require local participation.

Economic Development Grant: Funds can be used for the acquisition of machinery and equipment, new building construction, building acquisition, on-or-off site infrastructure improvements, and other fixed asset investments. Finds are available for manufacturing, research and development, high-tech, corporate headquarters, and distribution projects. Given the demand for limited grant funds, qualified projects must involve substantial job creation or retention.

Contingency Grant: The Ohio Department of Development’s Contingency Program uses discretionary funds that are based on the relative impact of a project, relative job creation and/or retention, wages of jobs created and/or retained, new capital investment made at a project site, and project location. Funding awards must be approved by the Director of the Ohio Department of Development.

 

Grants Program Guidelines