Ohio has $10M loan fund for women-owned businesses in budget

Sep 11, 2021 · Loans starting out at $45,000 and maxing out at $500,000 will be available through the women-owned business loan fund. Loans between $10,000 and $45,000 will be …

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Ohio Has $10M Loan Fund For Women-owned Businesses In Budget

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Sep 11, 2021 · Loans starting out at $45,000 and maxing out at $500,000 will be available through the women-owned business loan fund. Loans between $10,000 and $45,000 will be …

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Ohio Minority-and Women-Owned Businesses Encouraged To …

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Feb 9, 2023 · Crystal Kendrick, owner of Black-owned and WBE-certified marketing consulting firm The Voice of Your Customer in Cincinnati, received $45,000 from the Ohio Micro-Loan …

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New Loan Programs To Help Minority- And Women-Owned …

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Oct 6, 2021 · Businesses must be 51% ownership and control by women or be certified as a Women-owned Business Enterprise (WBE). Ohio Micro-Enterprise Loan Program: These …

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Group Behind Ohio's $10 Million Loan Fund For Women-owned …

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Sep 12, 2021 · For the first time ever, Ohio has a $10 million loan fund dedicated to women-owned businesses in its operating budget.

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Ohio Minority-and Women-Owned Businesses Encouraged To …

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Feb 9, 2023 · Crystal Kendrick, owner of Black-owned and WBE-certified marketing consulting firm The Voice of Your Customer in Cincinnati, received $45,000 from the Ohio Micro-Loan …

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State Investing More Than $337,000 To Support Ohio Women-Owned Businesses

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Jul 25, 2024 · The counter-service restaurant makes Philly cheesesteaks, French fries, and water ice. The funds will be used to pay off existing business debt. Since January 2022, …

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$10 Million In Available Funding - NAWBO Columbus

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Feb 27, 2023 · The Ohio Department of Development announced that $10 million in grant funding remains available to support minority- and women-owned Ohio businesses grow and expand …

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Ohio Loan And Grant Programs For Minority- And Women-owned …

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Oct 29, 2021 · The Ohio Micro-Enterprise Loan Program offers loans between $10,000 and $45,000 each at a 0% interest rate. Eligible businesses must be certified as a WBE or Minority …

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New Loan Program Seeks To Help Minority- And Women-owned …

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Oct 8, 2021 · The first loan—the Women’s Business Enterprise Loan Program—will offer a loan between $45,000 to $500,000 to cover equipment, machinery and real estate costs.

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Ohio Provides $5 Million In Loans To Minority-and Women-owned …

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Aug 3, 2022 · The loans from the Women’s Business Enterprise Loan Program are offered at or below market rate and currently are up to 3%. The minimum loan amount is $45,000 and …

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FAQs about Ohio has $10M loan fund for women-owned businesses in budget Coupon?

Does Ohio have a Women's Business Enterprise Loan program?

Earlier this month, Gov. Mike DeWine and Lt. Gov. Jon Husted announced two new loan programs to benefit both minority- and women-owned businesses in Ohio. The Women’s Business Enterprise Loan Program offers loans between $45,000 and $500,000 each—at or below market rate and currently as much as 3%. ...

How much money is still available for minority- and women-owned businesses in Ohio?

(COLUMBUS, Ohio) — The Ohio Department of Development today announced that $10 million in loan funding remains available to support minority- and women-owned Ohio businesses grow and expand their operations. ...

What grants are available for women & minority entrepreneurs in Ohio?

Women and minority entrepreneurs can take advantage of recently announced loan and grant programs by the state of Ohio and Franklin County. The Franklin County Community Equity Fund is supporting Black and brown-owned small businesses through the coronavirus pandemic with stabilization grants up to $10,000 each and startup grants up to $5,000 each. ...

What is a women-owned business loan program?

This loan program is designed to stimulate the growth of existing women-owned businesses by providing loans at market rate or below market rate interest (currently up to 3%). The minimum loan amount is $45,000 up to a maximum of $500,000. Loans will be repaid within 10 years for equipment and machinery and 15 years for owner-occupied real estate. ...

How much money did the Women's Business Enterprise Loan Program get?

In 2022, more than $9.34 million in loans were dispersed to more than 100 minority- and women-owned businesses through the program. Michelle Filler, owner of Duke’s K9 Dash-N-Splash, LLC. in Windham, received $500,000 from the Women’s Business Enterprise Loan Program. The funds will be used to build a doggie play and shampoo park. ...

What is the Ohio micro-enterprise loan program?

Ohio Micro-Enterprise Loan Program: These loans will have a 0% interest rate. The minimum loan is $10,000 up to a maximum of $45,000. Loans will be repaid within five years for permanent working capital and seven years for equipment. Businesses must be certified as a Minority Business Enterprise (MBE) or a Women-owned Business Enterprise (WBE). ...