Learn More about CDFI's and Small Business Resources in Ohio see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
AHC Community Development, LLC
Appalachian Development Federal Credit Union
ASB Community Development Corp
Cincinnati Development Fund
Cincinnati New Markets Fund, LLC
Columbus Compact Corporation
Columbus Growth Fund, Inc., The
Enterprise Development Corporation
Finance Fund Capital Corporation
National City New Market Fund, Inc.
Neighborhood Capital Corporation
Northeast Ohio Development Fund, LLC
Ohio Capital Finance Corporation
Shorebank Enterprise Group
University Circle New Markets, Inc.
Uptown Consortium, Inc.
Village Capital Corporation
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.