ECONOMIC DEVELOPMENT PROGRAMS
Cuyahoga County Announces Second Round of Grants to Support Businesses During COVID-19 Pandemic
Cuyahoga County is working with partners from across the region to continue deploying over $6 million through a Small Business Stabilization Fund, comprised of loans and grants, to support small businesses that have been impacted by the COVID-19 pandemic.
Due to the great need, the County has partnered with the Cleveland Foundation and Cleveland Neighborhood Progress to launch the second round of applications. Small businesses will be able to apply for an additional $2.5 million in grants, with grant awards that will range from $2,500, up to $5,000. Grant amounts will be determined by a grant committee based on the review of eligibility requirements as well as company revenue and employee size. Small businesses with up to 25 employees are eligible for grants.
Small Businesses with less than 500 employees can apply for flexible loans from $5,000, up to $350,000, through the Stabilization Fund as well. Businesses who are applying for loans will be contacted and connected with lenders who are offering low-interest loans to help for business-related expenses.
The second round of applications for grants will open today, Friday, May 8th at 9:00 a.m. and close on Friday, May 15th at 5:00 p.m. Grants will be awarded, and begin to be distributed, to businesses during the week of May 26th. Businesses can apply for a grant, as well as be directed to lenders, by completing the Stabilization Fund Application on the Cuyahoga County’s Small Business Resource Center website, cuyahogacounty.us/helpforbusiness.
Economic Development Programs
The Village is home to approximately 70 businesses representing many difference industries. These industries include customize packaging, beverage distributors, food equipment, batteries, convenience products, house wares and many others.
We are honored that our corporate partners have chosen to locate their business in Glenwillow and we work hard to provide resources to help make their businesses more efficient and productive. Some of the programs that the Village offers to assist businesses locate or grow in here are:
Community Reinvestment Area (CRA) – This state-authorized program allows the Village to offer an exemption on real property taxes for up to 15 years based on the capital investment, job creation and annual payroll. Contact the Economic Development Director for an Application at 440-232-8788.
Job Creation Grant (JCG) – This Village-authorized program allows a rebate on income taxes, paid by employees, to the company based on new job creation or an increase in annual payroll. Contact the Economic Development Director for an Application at 440-232-8788.
Foreign Trade Zone (FTZ) – the Village is designated as a General Purpose Foreign Trade Zone which allows a business to be exempt from Custom duties or certain excise taxes. This program authorized by the U.S. Congress is an incentive to encourage companies to keep investment and jobs in the United States and not move production offshore. The program removes certain costs and barriers that do not exist in foreign locations. We work with our partners at NEOTEC to administer this program. NEOTEC can be reached at 330-672-4080.
Fiber Optic Program – The Village worked together with its industrial development partners to have Fiber Optic Cable installed in all Industrial Areas of the Village. This high-speed Internet cable is capable of up to 1 Gig of service. Our partners at Everstream® manage this program. Contact them at 216-923-2262 for more information.
Public Transportation – Cleveland Regional Transit Authority provides public transportation through Glenwillow approximately 21 hours per day which serves the Glenwillow businesses. During daytime hours, buses run about 30 minutes each direction and 60 minutes each way during pre-dawn and after dusk hours. RTA offers several programs to help riders with route directions, payment options and emergency rides home, when needed. For more information on the RTA service, please call 216-566-5100.
Other Resources – The Village works with other partners who provide assistance, programs and services to businesses. We are pleased to work with the following partners:
Greater Cleveland Partnership (GCP) – www.gcpartnership.com
TeamNEO – www.clevelandplusbusiness.com
Cuyahoga County Department of Development – www.development.cuyahogacounty.us
State of Ohio – Development Services Agency – https://development.ohio.gov
Solon Chamber of Commerce – www.solonchamber.com
Additional Business Resources
Village Zoning Map – click here
Existing Land Use Map – click here
Zoning Code Ordinance – click here
The Village has shovel-ready parcels ready for development in the General Industrial Areas at the following locations:
Diamond Business Park
Emerald Valley Business Park
Please contact Mark A. Cegelka, Mayor for more information.
29555 Pettibone Road
Glenwillow, OH 44139
29555 Pettibone Road
Glenwillow, OH 44139