Incentives
For additional details about the incentives listed below, click here.
State of Ohio Incentives
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- Job Creation Tax Credit – JCTC
- 166 Direct Loan
- Ohio Enterprise Bond Fund
JobsOhio Economic Development Grant
- Creation of jobs within a specified period and may consider the amount of proceeds per job created.
- Includes projects by companies engaged in JobsOhio’s targeted industries and business functions.
- Focuses on fixed-asset and infrastructure investment by companies, which may include the following:
- Land
- Building
- Leasehold improvements
- Machinery and equipment
- Moving and relocation costs of machinery and equipment (freight shipping) related to the project
- Infrastructure including utility, telecommunications, information technology, etc.
- Site development
- Fees and material costs related to planning or feasibility studies
- Engineering Services
- Software development
- Reimbursement-based and requires supporting documentation
JobsOhio Workforce Grant
- Requires job creation and training of employees within a specified period of time and may consider the amount of proceeds per job created and employee trained.
- Includes projects by companies engaged in JobsOhio’s targeted industries and business functions.
- Focuses on a company’s training costs, which may include the following:
- Information technology
- Maintenance, skilled trades
- Leadership skills
- Product knowledge
- Quality management and processes
- Safety training (industry specific)
- Supervisory
- Technical processes
- Technical training
- On-the-Job training
- Equipment
- Materials
- Travel costs (domestic and international)
- Term is based upon the project’s completion date.
- Reimbursement-based and requires supporting documentation
County and Local Incentives
To view Enterprise Zone Application and sample forms, click here.