PICKAWAY – Pickaway Progress Parkway is announcing a 175,000 dollars worth of grants for five local employers for local improvements or expansions to their company.
“The JobsOhio Inclusion Grant exists to provide financial support for eligible projects in designated distressed communities and/or for businesses owned by underrepresented populations across the state,” according to Jobs Ohio.
Grant decisions are based on a number of project factors, including but not limited to the company location, company ownership, jobs created and/or retained, and project fixed asset investment. Support is generally intended for small to medium-sized companies with eligible projects.
The grants were aimed at companies that have projects in
- Advanced Manufacturing
- Aerospace and Aviation
- Energy and Chemicals
- Financial Services
- Food and Agribusiness
- Logistics and Distribution
- Military and Federal
Companies received 25,000 dollar grants or 50,000 dollar grants based on two criteria. If the company is owned by an underrepresented population, or the project is located in a qualified distressed community as defined by an index score of 50 or greater by the Economic Innovation Group.
According to Ryan Scribner of P3, some companies were eligible for the 25,000 dollar grant and some were able to qualify for both criteria and received the 50,000.
The grants also mandated that the monies awarded for development were used within Pickaway County.
“We take pride at P3 in leaving no stone unturned in our efforts to support local incumbent industry,” said Ryan Scriber of P3, “The new Inclusion Grant program through Jobs Ohio and One Columbus presented a great opportunity to partner with and support key local employers during what has been a year of challenges and uncertainty. “
If you are a business owner and do not know what funding opportunites are available to you contact P3 at 740-420-6498 or email [email protected]