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 Revolving Loan Fund (RLF) is used as a supplement to private funding for businesses conducting start-ups and expansions. These low-interest loans generate a job for each $35,000 loaned. This program reduces the incidence of poverty in the City by developing jobs that must be filled by low- to moderate-income persons (using Wood County Median Income Eligibility Guidelines). The loans are issued at two-thirds of the prime-lending rate on the day of closing. Security is required. It is anticipated that the program will generate new jobs annually for persons at low- to moderate-income levels.

For more information about small business loans through the RLF, please contact the City of Bowling Green at 419-354-6203.

CDC Guidelines for Isolation and Quarantine

Individuals who are testing positive for COVID

For those testing positive for COVID, the update includes changing the time for isolation from 10 days to 5 days, if asymptomatic, followed by 5 days of wearing a mask when around others.

Individuals who are boosted and have been exposed

Those who have received their booster shot do not need to quarantine following an exposure, but should wear a mask for 10 days after the exposure. For all those exposed, best practice would also include a test for SARS-CoV-2 at day 5 after exposure. If symptoms occur, individuals should immediately quarantine until a negative test confirms symptoms are not attributable to COVID-19.

Individuals who are unvaccinated or not yet boosted and have been exposed

For those who are unvaccinated or are more than six months out from their second mRNA dose (or more than 2 months after the J&J vaccine) and not yet boosted, but exposed, the CDC now recommends quarantine for 5 days followed by strict mask use for an additional 5 days. Alternatively, if a 5-day quarantine is not feasible, it is imperative that an exposed person wear a well-fitting mask at all times when around others for 10 days after exposure.

For the full article from the CDC, click here.

Ohio TechCred

Ohio Lt. Governor Jon Husted, Director of the Governor’s Office of Workforce Transformation, today announced the results of the October round of TechCred, which will provide the opportunity for Ohioans to earn 2,997 tech-focused credentials.

The next TechCred application period opens Monday, January 3rd and closes Monday, January 31st at 3:00 p.m. Businesses with employees who have completed their TechCred training should submit proof of credential completion to receive reimbursement at TechCred.Ohio.gov.

“TechCred helps businesses of all sizes upskill current and prospective employees with the tech skills they need to compete in today’s economy,” said Lt. Governor Husted. “As Ohio continues to create jobs faster than we can fill them, it is important that TechCred adapts to the needs of employers. We are implementing updates to the program that will streamline the process for businesses, helping more Ohioans learn new skills that can lead to a higher wage.”

The October round of TechCred marked the eleventh round of the program. Yesterday, Lt. Governor Husted announced that 252 Ohio employers were approved for funding, resulting in Ohio employees earning up to 2,997 technology-focused credentials. Businesses of all sizes are utilizing the program, with 93 new employers joining the program for the first time this round.

“TechCred is helping Ohio businesses upskill their workforce,” said Lydia Mihalik, Director of the Ohio Department of Development. “These credentials will ensure Ohio has the talent to compete in today’s tech-driven economy.”

With the approvals announced today, a total of 1,615 Ohio employers have been approved for funding, supporting the earning of 32,269 tech-focused credentials by Ohio employees.

Starting with the January round, the following updates have been implemented to provide additional flexibility for businesses:

  • Grant agreements will no longer be separate documents; they will be incorporated into the online application portal.
  • Training for approved credentials may start on or after the first day of the month immediately following the last application period. Training programs must still be completed in less than 12 months from the award date.

“The continued success of the TechCred program is a product of the continued need for the program,” said Ohio Department of Higher Education Chancellor Randy Gardner. “Having nearly 100 new employers join for this latest round speaks well for the future of the program, the economy, and Ohio’s workforce.”

You can learn more about the program at TechCred.Ohio.gov.

Grants Available Through the Small Business Relief Office

The grants and programs are:

  • Food and Beverage Establishment Grant: This program provides grants up to $30,000 to restaurants, bars, coffee shops, and other food and drinking businesses affected by the COVID-19 pandemic. The amount of individual grants to eligible businesses will be determined by the business’ loss of revenue in 2020. Governor Mike DeWine and the Ohio Legislature have designated $100 million for this program. The program is administered by the Ohio Department of Development.
  • Entertainment Venue Grant: This program provides grants up to $30,000 to theaters, music venues, spectator sports venues, museums, and other entertainment establishments affected by the COVID-19 pandemic. The amount of individual grants to eligible businesses will be determined by the business’ loss of revenue in 2020. Governor Mike DeWine and the Ohio Legislature have designated $20 million for this program. The program is administered by the Ohio Department of Development.
  • Lodging Grant: This program provides grants up to $30,000 to hotels, motels, and bed and breakfast operations affected by the COVID-19 pandemic. The amount of the individual grants to eligible businesses will be determined by the business’ decline in occupancy rate in 2020. Governor Mike DeWine and the Ohio Legislature have designated $25 million for this program. The program is administered by the Ohio Department of Development.
  • New Small Business Grant: This program provides grants of up to $10,000 to small businesses that were established between Jan. 1, 2020, and Dec. 31, 2020. Governor Mike DeWine and the Ohio Legislature have designated $10 million for this program to help ensure the survival and stability of these businesses. The program is administered by the Ohio Department of Development.
  • Ohio Micro-Loan Program: This loan program is designed to stimulate the growth of new and existing businesses by providing micro-loans at 0% interest. The minimum loan amount is $10,000 to a maximum of $45,000. Loans will be repaid within five years for permanent working capital and seven years for equipment.
  • Women's Business Enterprise 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.
  • Water and Wastewater Infrastructure Grant: This grant will provide nearly $250 million to improve access to clean drinking water and wastewater infrastructure. Grants will be up to $250,000 for design projects and up to $5 million for construction projects to Ohio communities. Public entities within a political subdivision with the authority to own and operate public water and sewer systems and nonprofit, non-community public water systems may apply. Funding for the program is provided by the American Rescue Plan Act.

American Rescue Plan

The American Rescue Plan Act provides additional relief for the nation’s small businesses and hard-hit industries for programs the SBA is currently administering and adds new efforts, including:

  • $7.25 billion additional for the Paycheck Protection Program, including to expand eligibility to additional nonprofits and digital news services
  • Additional funds are allocated for the Shuttered Venue Operators Grant program, and now allows businesses to apply for both a PPP loan after Dec. 27, 2020, and the SVOG
  • $15 billion additional for Targeted Economic Injury Disaster Loan Advance (EIDL) payments, including NEW $5 billion for Supplemental Targeted EIDL Advance payments for those hardest hit
  • NEW: $28.6 billion for the Restaurant Revitalization Fund for industry-focused grants. The program provides funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
    Registration for the Restaurant Revitalization Fund application portal will begin at 9 a.m. Friday, April 30. Applications can be accessed beginning at noon Monday, May 3.
    Sign up to receive email alerts from SBA as additional information about the Restaurant Revitalization Fund becomes available.
  • The U.S. Small Business Administration is accepting applications for its Community Navigator Pilot Program. This new initiative will leverage a community navigator approach to reach the nation’s smallest businesses, with a priority focus on those owned by socially and economically disadvantaged individuals, as well as women and veterans. SBA will accept applications through July 12 and anticipates making award decisions by August 2021.

SBA’s current relief efforts can be found at www.sba.gov/coronavirusrelief.

Small Business Update provided by the US Chamber of Commerce covering the American Rescue Act and Restaurant Revitalization Fund.

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.

Online Liquor Permit Renewal Portal Now Live

The Division of Liquor Control now offers liquor permit holders the ability to renew their permits online. With just a few clicks, permit holders can apply, pay any fees, and print an “authority to operate” document in a matter of minutes.

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.