The Ohio Controlling Board recently approved $125 million for the Small Business Relief Grant program proposed by Gov. DeWine as part of a larger package of federal CARES Act relief funding. The Small Business Relief Grant is designed to provide relief to Ohio businesses that have been negatively affected by COVID-19. Businesses with at least 1 employee but no more than 25 can apply for $10,000 grants administered by the Ohio Development Services Agency. Applications are now being accepted and more information on this program can be found here.

In addition to this program, an extra $37 million is available to Ohio bars and restaurants through the Bar and Restaurant Assistance Fund. This fund is designed to assist Ohio’s on-premise liquor permit holders with $2,500 to help them through the financial difficulties experienced during the COVID-19 pandemic. This program is also administered by the Ohio Development Services Agency and applications are now being accepted. Information on this program can be found here.

For questions, contact Carolyn Mangas at carolyn@ohioinsuranceagents.com.