Are you a small business owner of a low-to-moderate income household? Have you missed out on previous funding options federally or through the state? The Columbus COVID-19 Small Business Response and Recovery Fund may be a new option for you.
In 2019, The City of Columbus devised an initiative called the Columbus Small Business Agenda. The recommendations and strategies from that agenda will be used for the new Fund. “It is essential that small businesses are part of our economic recovery and these grants and loans will help them stabilize and grow,” says Mayor Ginther.
Qualified businesses have access to three types of funding: Recovery Grants, Small Business Return Safely and Pivot Loans.
The purpose of the funding is to sustain existing business operations and assist in job retention. JP Morgan Chase will also aid the city’s new Fund by funding support in technical assistance to small businesses along with technical support during the application process.
“We are happy to partner with the City of Columbus in this important effort,” says Corinne Burger, Columbus Location Leader for JP Morgan Chase. The new Fund application process begins June 9, 5p.m. The information on the application process will be available June 8 on —->> www.columbus.gov/development/Economic-Development/Small-Business
Contact 614-645-8616 to reach the Office of Small Business and Entrepreneurial Development of the City of Columbus for more information.