Complete Story
03/27/2024
JobsOhio Offers Financial Assistance to Help Businesses Grow
Learn more about JobsOhio's incentive programs
JobsOhio’s unique economic development model empowers businesses and individuals to thrive in one of the largest economies in the world, the beloved home to many of you, and the best place to base or grow your business – Ohio. With our strategically structured Incentive Grant Programs, JobsOhio serves as a catalyst for job creation and capital investment in the state.
Our wide range of performance-based grant programs targets companies looking to relocate or expand in Ohio. Whether you’re an early-stage company, an established company, or part of an underrepresented population, we have programs intricately designed to help you achieve your goals and take your business to the next level.
These grants are transformational for businesses looking to grow in Ohio, and we treat them as such, closely evaluating grant recipients and providing personalized plans to the chosen businesses along the way. Grants are based on several factors, including company location, ownership, jobs created and/or retained, and project fixed asset investment. Eligible projects primarily include companies engaged in JobsOhio’s 10 targeted industries and must be financially sound. The bottom line for JobsOhio is simple: every project MUST deliver a positive ROI on total invested incentives through the increased payroll taxes collectible from the new Ohio-based jobs created.
Please select this link to read the complete blog post from JobsOhio.