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Ohio loan and grant programs for minority- and women-owned businesses

Rachel Winder is the founding executive director of the Ohio Women's Coalition, which helped advocate for a state-funded $10 million loan program for women-owned businesses.

Girls and minority business owners can take benefit of not long ago introduced personal loan and grant systems by the point out of Ohio and Franklin County.

The Franklin County Group Fairness Fund is supporting Black and brown-owned small corporations through the coronavirus pandemic with stabilization grants up to $10,000 just about every and startup grants up to $5,000 just about every.

Candidates who satisfy system requirements also are eligible for an more $1,000 for each W-2 worker (up to $5,000 each and every).

Purposes for the grants are open up via Nov. 8 and can be located by means of the Columbus City League web site,

More:Columbus Foundation helps make ‘game-changing’ financial investment in Columbus Urban League

The fund was created by the Franklin County Small business Expansion and Equity Alliance, a partnership in between the Franklin County Board of Commissioners, A single Columbus and the Columbus City League. The Board of Commissioners invested $1,000,050 in federal funding from the American Rescue System Act of 2021.