Ohio Minority-and Women-Owned Businesses Encouraged to …

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, …


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Ohio Minority-and Women-Owned Businesses Encouraged To …

4 hours from now

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, …

ohio.gov

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Women’s Business Enterprise Loan Program - Ohio

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Apr 22, 2024  · The Ohio Minority Business Direct (MBD) Loan Program minimum is $45,000. What is the maximum loan amount I can borrow under each loan program? The Micro-Loan …

ohio.gov

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Minority- And Women-Owned Businesses Get Support To Grow

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Apr 21, 2022  · Businesses must be 51% ownership and control by women or be certified by the state of Ohio as a Women-owned Business Enterprise (WBE). • Ohio Micro-Loan Program: …

ohio.gov

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Ohio Minority-and Women-Owned Businesses Encouraged To …

4 hours from now

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, …

govdelivery.com

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State Launches Loan Programs To Help Minority- And Women …

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Oct 7, 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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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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6 Minority- And Women-Owned Businesses To Receive Nearly $1.9 …

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Sep 26, 2023  · Currently, more than $18 million in support has been provided to more than 170 minority – and women – owned businesses through the Women’s Business Enterprise Loan …

ohio.gov

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Ohio Awards $5 Million In Loans To Minority- And Women-Owned …

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Aug 3, 2022  · Loans will be repaid within 10 years for equipment and machinery and 15 years for owner-occupied real estate. To qualify, businesses must be 51% ownership and control by …

ohio.gov

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State Investing More Than $337,000 To Support Ohio Women …

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Jul 25, 2024  · Since January 2022, Development has provided more than $24.6 million in support to more than 270 minority– and women–owned businesses through the Women's Business …

ohio.gov

FAQs about Ohio Minority-and Women-Owned Businesses Encouraged to … 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%. ...

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 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). ...

What MWBE loans are available in Ohio?

Options include Women’s Business Enterprise Loan Program, which is focused on MWBE owned companies. the second option is the Ohio Micro-Enterprise Loan Program. They can pay for equipment, real estate costs, and other bills. ...

How do I apply for a minority business loan in Ohio?

Information about the loans and other capital programs can be found online at Minority.Ohio.Gov. Start the loan application process here. Businesses can reach out to a Minority Business Assistance Center near them for help with the application process and assistance with business planning, access to capital, and state business certifications. ...

What financial assistance programs are available in Ohio?

The two financial assistance programs vary, but both can offer either (1) low cost loans or (2) interest free funds to qualified borrowers. Options include Women’s Business Enterprise Loan Program, which is focused on MWBE owned companies. the second option is the Ohio Micro-Enterprise Loan Program. ...

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