Business Resources During the Pandemic

 

New CARES Act Funding

Beginning on Monday, November 2, 2020, the State of Ohio will be releasing additional CARES Act funding to help local businesses
 
Assistance includes:
 
The Small Business Relief Grant
  • The State of Ohio will be releasing $125 million in small business relief for companies negatively affected by COVID-19
  • Eligible companies must have 25 employees or less
  • Small businesses are eligible for a grant up to $10,000
  • The program is being administered by the Ohio Development Services Agency (ODSA)
  • For more details on the Small Business Relief Grant, including the application process, eligibility requirements and allowable fund usage, please go to
https://businesshelp.ohio.gov/small-business-relief-grant.html
 
 
The Bar & Restaurant Assistance Fund
  • The State of Ohio will be releasing $37.5 million to restaurants and bars impacted by COVID-19
  • The program is designed to help Ohio’s on-premise liquor permit holders
  • Eligible bars/restaurants can receive assistance payments up to $2,500
  • For more details on the Bar & Restaurant Assistance Fund, please click here
 
Additional funding is also available for non-profit organizations, higher education, and organizations that support the arts.
Please visit https://businesshelp.ohio.gov/ for more details.
 
If you have any questions or need assistance applying please feel free to contact Economic Development Director Brent Painter at (440) 580-3118. 
 

CORONAVIRUS BUSINESS RESOURCE GUIDE

The City of Strongsville Coronavirus Business Resource Guide details available assistance for businesses and employees from a Federal, State, and Local level.

Are You A Manufacturing Company?

Find out how your manufacturing company can play an important role in responding to the challenge of COVID-19. The Ohio Manufacturing Alliance has created a special website to show how you can help repurposingproject.com

Checklist for Businesses and Employers

This checklist is published by the Ohio Department of Health to protect against Covid-19

Coronavirus Aid Relief & Economic Security (CARES) Act

The recently passed Coronavirus Aid Relief & Economic Security (CARES) Act provides emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic. Within the act, the Federal government has allocated $349 billion in relief for small businesses impacted by the COVID-19 pandemic.

Economic Injury Disaster Loan Program

On March 20, 2020, Ohio Governor Mike DeWine announced that the State of Ohio had been approved for assistance through the US SBA for the Economic Injury Disaster Loan Program.
The Economic Injury Disaster Loan Program may be used by Ohio small business owners and nonprofits to pay fixed debts, payroll, accounts payable, and other bills that can’t be paid because of the impact of the coronavirus pandemic.


Cuyahoga County Small Business Resource Center

  • Cuyahoga County, in partnership with the Economic & Community Development Institute (ECDI) and other partners, has launched a Small Business Resource Center.
  • Call 216-452-9714; Monday through Friday, 8 a.m. - 5 p.m.
  • Complete the Business Assistance Application today to receive advice, targeted resources, and apply for Stabilization Grants and Loans.
How can the center help?
You can access a live agent through the Call Center who can provide:
  • Assistance with applying for the SBA Economic Injury Disaster Loan (EIDL)
    • Loans up to $2 million
    • Advance grants up to $10,000
  • Business consulting and general assistance
  • Information about financial assistance and services
  • Unemployment insurance benefits application assistance
  • Strategies for retaining and retraining employees 


Cuyahoga County Small Business Stabilization Fund

Cuyahoga County Small Business Stabilization Fund:   Cuyahoga County is offering grants of up to $5,000 for small businesses and loans over $5,000 for small and mid-sized businesses.  Businesses must have experienced more than 50 percent of revenue disruption due to COVID-19.
 
For full details go to https://cuyahogacounty.us/development/businesses/small-business-stabilization-fund
 

OTHER RESOURCES