Guidelines: Click Here (pdf)
Innovation Ohio Loan Fund Program
Provides loans for acquisition, construction, and related costs of technology, facilities, and equipment purchase.
Guidelines: Click Here (pdf)
Ohio Capital Access Program
Encourages state chartered financial institutions to make loans to for-profit or nonprofit small businesses that are creating or retaining jobs by establishing a unique reserve account at lending institutions. The state, the lender, and the business each make a small contribution to the account. The reserve account is available to the lender for recovery of losses associated with any loan the lender has enrolled in the program.
Program Summary: Click Here
Ohio Enterprise Bond Fund
Provides loans for land and building acquisition, construction, expansion or renovation, and equipment purchases for eligible businesses.
Guidelines: Click Here (pdf)
Minority Business Direct Loan Program
Provides fixed, low-interest rate loans to certified minority-owned businesses that are purchasing or improving fixed assets and creating or retaining jobs.
Program Summary: Click Here
Minority Business Bonding Program
Provides bid, performance, and payment surety bonds to state certified minority-owned businesses that are unable to obtain bonding through standard surety companies.
Program Summary: Click Here
Regional 166 Direct Loan
Provides loans for land and building acquisition, construction, expansion or renovation, and equipment purchases for eligible businesses. Twelve local economic development agencies administer the program.
Guidelines: Click Here (pdf)
Research & Development Investment Loan Fund Program
Provides loans commitment to Research and Development activities.
Program Summary: Click Here (pdf)
Volume Cap
The Ohio Volume Cap Program provides a federal tax benefit by allowing eligible issuers to issue tax exempt Private Activity Bonds up to a state limit known as the “Volume Cap.” The State of Ohio’s allocation of Volume Cap is determined annually by the Internal Revenue Service on a per capita basis for eligible projects consisting of manufacturing, exempt facilities, multi-family housing, single-family housing, and student loan bonds.
Program Summary: Click Here