Assistance for Small Businesses

Grants Incentive

ReStartCLE Working Capital Program - Safe Operations Grant

Summary:

The City of Cleveland is prepared to help businesses through the economic impact of the Covid-19 pandemic. In order to help maintain our business community, and in accordance with Mayor Frank G. Jackson's ReSTART CLE plan, the Department of Economic Development has established the Emergency Working Capital Program - Safe Operations Grant offering grants up to $10,000 for costs incurred to operate safely during the pandemic.

For Ward One Businesses Owners that require assistance completing the application, please contact [Perenthia Michelle Brown, Project Development Manager @ (216) 991-8585, ext. 3103 or email perenthiab@gmail.com]

Application link: https://makeitincleveland.org/.../restoration-working...

154959477_1357968424574734_8984903901357

The City of Cleveland is prepared to help businesses through the economic impact of the Covid-19 pandemic. The continued vibrancy of Cleveland's commercial corridors is vital to our community. In order to help maintain our business community, and in accordance with Mayor Frank G. Jackson's ReSTART CLE plan, the Department of Economic Development has established the Emergency Working Capital Program - Safe Operations Grant.

The Safe Operations Grant is to reimburse for costs incurred to operate safely during the pandemic. Eligible costs include PPE, (not PPP) partitions, single-use menus and other equipment required to operate safely during the pandemic. Invoices can date back as far as March 1, 2020.

In order to be eligible for the program the business must have been operating on March 1, 2020 and must demonstrate impact from the coronavirus on cash flow or revenue. Preference will be given to entities that are unable to access other coronavirus-related capital, able to retain and/or restore pre-coronavirus employment, and that show a substantial negative impact on revenues. The application will be subject to credit review. Additional criteria and conditions may apply. Send completed applications directly to economicdevelopment@clevelandohio.gov.

154965446_1357962821241961_9731825928752

 

ReStartCLE Emergency Working Capital Fund Loan

The City of Cleveland, Economic Development Department has established an Emergency Working Capital Program loan up to $25,000 to reimburse for operating costs.

Summary: Please download the application from the link below.

https://makeitincleveland.org/.../emergency-working...

 

The Harvard Community Services Center staff can assist business owners with the application process and required documents.

Contact Person: Perenthia Michelle Brown, Project Development Manager. (216) 991-8585, ext. 3103 or email perenthiab@gmail.com.

The City of Cleveland is prepared to help businesses through the economic impact of the Covid-19 pandemic. The continued vibrancy of Cleveland's commercial corridors is vital to our community. In order to help maintain our business community, the City has established an Emergency Working Capital Program loan up to $25,000 to reimburse for operating costs.

The City of Cleveland is prepared to help businesses through the economic impact of the Covid-19 pandemic. The continued vibrancy of Cleveland's commercial corridors is vital to our community. In order to help maintain our business community, and in accordance with Mayor Frank G. Jackson's ReSTART CLE plan, the Department of Economic Development has established an Emergency Working Capital Program loan of up to $25,000.

The Emergency Working Capital Program loan is to reimburse for operating costs (rent/mortgage payments, utilities, and payroll) incurred for the months of March 2020 onward. There are no fees with this application and no closing costs. Interest rate is 0% until January 1, 2022 at which time the interest rate is 1%. Payments are deferred until January 1, 2022. Repayments will be equal to $15/month for every $1,000 borrowed until the loan is repaid.

Operating Costs eligible for reimbursement include rent, payroll, utilities, inventory, marketing and other working capital needs. In order to be eligible for the program the business must have been operating on March 1, 2020 and must demonstrate impact from the coronavirus on cash flow or revenue. Preference will be given to entities that are able to retain and/or restore pre-coronavirus employment, and that show a substantial negative impact on revenues.

The application will be subject to credit review. Additional criteria and conditions may apply.

Send completed applications (including the Supplemental Questionnaire) directly to economicdevelopment@clevelandohio.gov.

Business Compass.png

Here is an excellent website and  some helpful information for  Small Businesses and Entrepreneurs.

https://inclusionmarketplace.com/neobusinessgrowthcompass

https://inclusionmarketplace.com/neobusinessgro.../resources

THE HARVARD COMMUNITY SERVICES CENTER

WARD ONE BUSINESS ALLIANCE

To better serve our merchants, small businesses, entrepreneurs, and vendors; please complete the survey via the link below.

https://docs.google.com/.../1FAIpQLSf59ryz94OdSP.../viewform

We will use your data to implement informative meetings and workshops with speakers and professionals that can provide business development and entrepreneurial support, resources, and funding.

We thank you in advance for completing the survey and your input.

If you have any questions or concerns about the

Ward One Business Alliance--

Please contact

P. Michelle Brown, HCSC, Program Development Manager at

(216) 991-8585, ext. 3103 or email: perenthiab@gmail.

QR merchent.png