Business Revolving Loan Fund

The City of Bowling Green's Revolving Loan Fund provides loans to businesses for start-ups and expansions, resulting in more jobs for low- and moderate-income persons.

The City of Bowling Green’s Business Revolving Loan Fund, an implementation of the CDBG block grant program, has recently been modified by lowering the interest rate to 0% to encourage businesses within City Limits to apply. The purpose of the loans is to enhance local businesses and promote job growth targeting low-and moderate-income wage earners. For each $35,000 borrowed, the business must commit to generating one new job. Terms of the loans range from 3-5 years, and special terms are available for businesses located in the Downtown Special Improvement District.

“We feel that offering a zero percent loan to encourage job creation for low- and moderate-income individuals will help strengthen our community and provide a new source of funding for business growth.  Our goal is to work in tandem with financial institutions to offer a variety of loans that will grow our local businesses and make Bowling Green a better place to live and work.” Says Martha Woelke, Community Development Administrator.

Contact the Community Development Department at 419-354-6203, or visit the City’s website: www.bgohio.org, for additional details.

 

Ohio TechCred

The 17th round of TechCred launches today. This program helps businesses address their workforce needs by upskilling current and prospective employees. Businesses of all sizes, from any industry, are eligible for up to $30,000 per round and up to $180,000 per year. Since TechCred launched, nearly 2,000 Ohio employers have been approved for funding, supporting the earning of nearly 50,000 tech-focused credentials by Ohio employees.

The application period for businesses opens today, November 1, 2022, and closes November 30, 2022, at 3:00 PM. Apply now at TechCred.Ohio.Gov.

“Businesses across the state take advantage of the TechCred program because it helps their employees and business at the same time,” said Lydia Mihalik, Director of the Ohio Department of Development. “This will be the last application round in 2022, and we encourage businesses that haven’t participated to apply now.”

Results for the September round of TechCred will be announced in the very near future.

Export Internship Program

The Ohio Export Internship Program is designed for companies looking to export for the first time or to improve their current export initiatives. The program matches businesses with highly motivated students from Ohio universities and colleges who have taken export-focused coursework at The Ohio State University Max M. Fisher College of Business, Cleveland State University’s Monte Ahuja College of Business, Youngstown State University’s Williamson College of Business Administration, the University of Dayton’s School of Business Administration, Bowling Green State University’s Allen W. and Carol M. Schmidthorst College of Business, and Ohio University’s College of Business. Participating businesses are provided a 50 percent reimbursement for intern wages. This internship program will offer a mutually beneficial relationship to students and companies by providing real-world experiences in which both can learn and grow.

2022-2023 Program Timeline

  • Student applications open at partner universities: August 2022
  • Company applications open at Development: September 2022
  • Student interviews and notification of acceptance: November 2022
  • Company meetings: November 2022 to February 2023
  • Export courses at partner universities: January to April 2023
  • Notification of student/company matches: April 2023
  • Internships: May to August 2023

ECDI Small Business Loans

ECDI is a statewide non-profit organization that helps small businesses succeed. In addition to Small Business Loans, they also provide Entrepreneur Training, and Business Mentoring. If you'd like to learn more or want to apply, reach out to April Welch at awelch@ecdi.org or 419-574-9476.

BG Economic Development

BG Revitalization Loan Program

Bowling Green Economic Development would like you to be aware of a special 0% interest loan available to merchants.  Loan amounts will be for $2,000 to $10,000 – First 6 month are payment-free, followed by 12 monthly repayment installments.  If you would like the application emailed to you or if you have any questions, contact the Bowling Green Economic Development office at 419-353-3591 or email kthompson@bowlinggreen-oh.com.

Efficiency Smart

Efficiency Smart Bonus Incentives for Small Businesses

For a limited time, Efficiency Smart will reward small businesses with an increased incentive for purchasing qualifying LED bulbs or fixtures from a designated local supplier or contractor. Standard incentives still apply for all other qualifying purchases. Contact Efficiency Smart at 877-889-3777 to get started.

Ohio BWC logo

Ohio Bureau of Workers' Compensation Safety Newsletters

The Ohio BWC Division of Safety & Hygiene puts out monthly safety updates to keep your business informed. You can view each month's edition online.

Ohio Find it Here

Supporting Local Ohio Businesses

Ohio.org supports our state’s tourism industry to drive economic prosperity throughout Ohio. We feel that this website would offer a place for many of our Investors to advertise their business and/or events. The website is not only used by tourists, but also by locals and is open to big and small businesses, restaurants, artists, retailers, events and more. The best thing about this website is that it is FREE! We encourage you to take some time to see if you think your business would benefit from this free online advertising opportunity.

If your business is selected to be published on the website, please let us know so that we can share that information with our other Investors.