COLUMBUS, Ohio – The state Controlling Board has accepted a coronavirus reduction bundle of $419.5 million, together with $125 million for small-business grants.
The grants can be found to companies with as much as 25 workers. Funds can be utilized to pay for lease, utilities, payroll, enterprise provides and tools and different prices.
The purposes for all grants funded by the bundle will likely be accessible beginning Nov. 2 at BusinessHelp.Ohio.gov.
“That is an extremely attempting time for small companies. Lots of them are struggling to maintain the doorways open and the lights on, and we have to assist them get via this troublesome time,” stated Lt. Gov. Jon Husted in an announcement. “I do know from my discussions with small companies across the state that the bundle we’re saying immediately will completely save companies and jobs.”
Aid can also be accessible for Ohio’s bars and eating places, with $37.5 million offered to the Bar and Restaurant Help Fund. Companies with an on-site consumption allow as of Oct. 23 are eligible for $2,500 per location.
As well as, $50 million from the Coronavirus Aid Fund will likely be allotted to 47 Group Motion Companies throughout Ohio to offer lease, mortgage, water and/or sewer help, serving to residents pay excellent balances relationship again to April 1. This system is offered to Ohioans with annual family earnings at or beneath 200% of the federal poverty line. Taking part businesses are listed HERE.
The bundle additionally contains $62 million for rural and demanding entry hospitals, $100 million for the state’s faculties and universities, $25 million for nonprofits and $20 million for arts organizations.
Up to now, Ohio has distributed $2.1 billion in federal coronavirus reduction funds to help native governments, childcare organizations, distribution of protecting tools, bettering broadband entry and different “important areas in want of monetary help.”
““This bundle contains funding for small companies, eating places and bars, hospitals, greater training, arts, nonprofits, and Ohio households, all of whom have been financially impacted by COVID-19,” stated Gov. Mike DeWine. “The lease, mortgage, and water and/or sewer help is crucial help that can assist Ohioans keep of their properties and repay excellent payments accrued all through the pandemic.”
Printed by The Enterprise Journal, Youngstown, Ohio.