Minority Business Assistance Center September 29, 2021 | Vol. 2, Issue 35
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UPCOMING OCTOBER WEBINARS... Register today!
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Fall Kick-Off & Open House
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Food, Vendors, Radio One Live Remote and more!
- Find out how to start, expand or finance your business
- Learn about CUL entrepreneurship programs
- PPE Giveaways for your business
- Tour Fifth Third Bank's Financial Empowerment bus
When: Tuesday, October 19
Time: 10A - 4P
Where: Columbus Urban League adjacent
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Save The Date!
Executive Education Series
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This Growth Wheel series dives into the 4
main business categories.
Look at what is working and what should
be working to help you grow your
business.
Who: MBAC - Columbus
When: Every Wednesday
Time: 11AM
Where: Zoom
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"Introduction to Grant Writing" Workshop
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Join us for this very special Grant Writing workshop in collaboration with Arts Wave and the Cincinnati Public Library! We will be covering the basics of grant applications. This is a class you do not want to miss!
Who: MBAC - Cincinnati
When: Thursday, October 14
Time: 4:00pm-5:00pm
Where: Zoom
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Small Business & Neighborhood Improvement Loan
$25,000 – $500,000
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Small businesses and healthy neighborhoods are critical to the economy. Investment in neighborhoods reinforces property values and contributes to overall quality of life. To support small businesses and facilitate investment in low-to-moderate-income neighborhoods, the Columbus-Franklin County Finance Authority (CFFA) created the Small Business & Neighborhood Improvement Loan.
The program provides low interest, fixed-asset-based financing to qualified applicants. Loans may be used for:
• Purchasing land, building and/or building renovation
• Purchase of machinery and equipment
Interested?
Please contact Patty Huddle, PHuddle@ColumbusFinance.org or 614-427-0394
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Columbus Franklin County Finance Authority
Pace Financing $200,000 to $8,000,000
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PACE financing may be used for cost-saving energy efficiency improvements to existing buildings or new construction. Financed amounts range from $200,000 to $8,000,000 including all project-related costs.
Many types of energy-saving technology may be financed. Through an ASHRAE Level 2 energy audit, a certified contractor or engineer will identify opportunities for potential energy saving improvements. Common examples include LED lighting, HVAC, air filtration, energy management systems, and roofing.
Interested?
Contact Jeremy Druhot, Manager of Programming and Projects, to learn how the Finance Authority can be a partner on your next project.
614.429.0438
jdruhot@columbusfinance.org
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Selling Your Products and Services to the State of Ohio
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Hear the latest information on how your business can sell its products and services to the State of Ohio. Ohio Office of Procurement Services officials will give updates on OhioBuys and other information including how to register your business in this program, and take your questions.
When: October 6th
Time: 10:00A EST
Where: Webinar
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This workshop is designed to inform businesses on opportunities with Ohio Department of Transportation (ODOT) including highway infrastructure projects (construction, consultant services) and non-construction goods and services.
When: October 14th
Time: 10:00A EST
Where: Webinar
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$2.45 Million Available for Industry Sector Partnerships
The Ohio Industry Sector Partnership Grant helps fund collaboration between businesses, education and training providers, and other community leaders who are invested in improving their region's workforce. These collaborations create a more...
Read more
workforce.ohio.gov
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Financial Planning Course Available to Ohio Businesses
Starting and running a business is always a challenge, given the failure rate of 50-70% in the first four years. The economic volatility of recent COVID-19 disruption has only amplified confusion, anxiety, and fear. Profit Mastery is an...
Read more
clients.ohiosbdc.ohio.gov
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Small Business Relief Office | Development Services Agency
Review your financials and cash flow. How long can you "make it through" in case of a quarantine, lost wages, employee absenteeism (when you are paying for sick leave AND not bringing in revenue). What do you need to bridge the gap?
Read more
businesshelp.ohio.gov
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How to Establish Business Credit for the First Time
Access to cash and credit is a business's lifeline. Business credit allows a company to to borrow money that can be used to purchase products or services. It is based on the trust that payment will be made in the future.
Read more
www.sba.gov
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Attention Women Business Owners! WBE Certification is now available!
For more information, or to apply, contact the MBAC office at mbac@cul.org
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The Franklin County Board of Commissioners recognizes the benefit of competing for opportunities to do business with the County and the advancement of economic inclusion improves equity, economic mobility, and quality of life for all Franklin County residents.
Over $1 million to support minority-owned small businesses still struggling because of the ongoing coronavirus pandemic. Additional funding of $950,000 will go toward low-interest loans to assist businesses that have been unable to secure conventional financing for new or expanding operations.
Both programs will be administered by the Columbus Urban League and will build on a Business Growth and Equity Alliance
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Hosted by The Columbus Urban League
Jesse Mark III, MBAC Director
mbac@cul.org
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