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JobsOhio Growth Fund Loan

JobsOhio Growth Fund Loan

Funds Ohio growth-stage companies with below-market loans for expansion and strategic hiring where traditional financing is limited.

OpenJobsOhioUnited States

The JobsOhio Growth Fund Loan provides below-market-rate debt capital to growth-stage, established, or expansion-stage Ohio companies that have proven business plans but face limited access to conventional private financing. JobsOhio is a private nonprofit corporation (501(c)(4)) funded through the Ohio Lottery and Ohio liquor profits via the JobsOhio Beverage System, not through state tax appropr…

Provides below-market loans of $500,000–$5,000,000 to growth-stage or expanding Ohio companies in targeted industries that lack adequate access to conventional private financing.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.10%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 24 Jul 2026Source: www.jobsohio.com