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Small Business Grants Ohio

Small Business Grants Ohio – CLEVELAND, Ohio (WOIO) – New data shows there’s still plenty of help to keep small businesses afloat.

19 New investigators tell you that the federal grant application system is more crowded than last month as more small business owners try to apply for money provided by the CARES Act.

Small Business Grants Ohio

Small Business Grants Ohio

The new data we found paints a picture of the major challenges small businesses face even after Ohio provided nearly $125 million in funding for the program.

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Kim Flaherty owns AOK Fitness in Strongsville. He hopes to receive one of the $10,000 federal grants.

“Knowing there’s a pillow in there will help me sleep at night,” he said. “It’s very difficult.”

Flaherty said, “I’m at a loss as to why I was denied employment certification. “What else can you offer?” he said.

He said that he managed to get funding from the government at the beginning of this epidemic. He said this time he sent more tax documents and income information than when the government first gave aid.

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About 12 percent of the 36,280 applications received were rejected, according to government data.

According to the letter received by Flaherty, it seems that they do not have a second chance.

“No. It’s just ‘fighting’. Until the end of the line, it starts again,” he said.

Small Business Grants Ohio

This is a problem for him because the figures show that 12,473 of the 12,500 companies that are funded by the government receive subsidies. That’s more than 99%.

Less Than Half Of Ohio Small Business Owners Who Applied Will Receive State Relief Grants

The government says it still has 19,338 applications to review, but has enough money to support 27 of them.

Flaherty knew that if he knew what to do to get back into the lineup, it probably wouldn’t be one of them.

“Anybody who makes a living — that’s how small business is going these days,” he said. “One minute at a time, one week at a time, and hopefully you can last a month. That’s the truth.”

If Ohio wants to collect more money for small businesses in the coming days, it is not clear whether the state will give the money to the next recipient of this small business grant or create a system new application. U.S. The Small Business Administration, a federal agency, is offering small and long-term loans to Ohio businesses and non-profits that are struggling financially due to the coronavirus crisis. . (U.S. Small Business Administration)

Berea Approves Additional Funds For Small Business Emergency Grants

, Ohio – The Small Business Administration is offering grants to 51 agencies to help entrepreneurs connect with government resources.

The funding is part of the SBA and the Community Research Grants Program of the Biden-Harris Administration. This is an initiative of the American Refugee Agency. reducing barriers for small businesses, including disadvantaged groups, to access government resources.

Director Isabella Casillas Guzman said in the news: “We need to meet companies that have the tools to start, grow and remain stable, and the Community Navigation pilot program will bring the trusted network to ‘partners to connect Businesses of America and the SBA.” The Post.

Small Business Grants Ohio

The recipient is divided into three categories. This includes 8 organizations that will provide support at the national level, 11 will provide support at the state or city level, and 32 will provide support at the regional level.

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Small businesses and mom-and-pop shops are less likely to access programs offered during the COVID-19 pandemic, according to the SBA website.

The purpose of the Community Navigation program is to help small businesses easily access resources, such as financial assistance and industry-specific training.

According to the press release, funding agencies will increase their efforts in the coming weeks to support local business owners.

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