COLUMBUS, Ohio (WTVG) – COVID-19 is hitting enterprise exhausting. Right here in Ohio, there are almost 1 million small companies. A few of them are struggling as a result of pandemic, others have been pressured to shut. Now, with assist from the federal CARES Act, the state of Ohio is providing some assist.

Beginning on November 2, 2020, small companies and people with an on-premises consumption liquor license in Ohio can apply for grant cash.

The money is aimed toward serving to homeowners bridge the hole and pay for issues like wages, utilities, security enhancements, and lease.

“We all know that COVID has hit companies exhausting, significantly small companies and we all know there’s lease help on the market that’s wanted, utilities, salaries and wages, how a lot plexiglass have these companies needed to put in in the course of the previous few months? So, all of those bills are eligible to be used of the ten,000 {dollars}, says Lydia Mihalik, the Director of the Ohio Improvement Companies Company.

Underneath the rules, these making use of for a small enterprise reduction grant should have 25 or fewer full-time staff. Companies are in a position to apply for as much as $10,000 in help.

As well as, any bar, restaurant, or membership that has a liquor license for on-premise consumption might also apply for the Bar and Restaurant Help fund. This fund will present a $2,500 cost to all of these qualifying companies.

In whole, there are $38.7 million {dollars} out there for qualifying bars and eating places and $125M out there for small companies that meet the present standards.

Purposes open at 10 A.M. Monday, November 2, 2020. You’ll be able to apply on the state website. Info is listed now outlining the paperwork required for making use of. The grants can be found on a first-come, first-serve foundation.

Copyright 2020 WTVG. All rights reserved.

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