Ohio’s most recent operating budget includes $2 billion in business and personal income tax cuts and supports Governor DeWine’s Investing in Ohio's Future Initiative to help small businesses and accelerate economic growth.

The operating budget doubled the amount of grant funding available to help small businesses recover from the COVID-19 pandemic to $310 million. Funding is still available from the following four grant programs:

  • Food and Beverage Establishment Grant: This program provides grants of $10,000, $20,000, or $30,000 to restaurants, bars, coffee shops, and other food and beverage businesses.
  • Entertainment Venue Grant: This program provides grants of $10,000, $20,000, or $30,000 to theaters, music venues, spectator sports venues, museums, and other entertainment venues.
  • Lodging Grant: This program provides grants of $10,000, $20,000, or $30,000 to hotels, motels, and bed and breakfast operations.
  • New Small Business Grant: This program provides grants of $10,000 to small businesses that were established between Jan. 1, 2020, and Dec. 31, 2020.

For more information and to apply, visit investinginohiosfuture.ohio.gov


    The Ohio Department of Development also offers services to support small businesses and entrepreneurs including: