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"The Ashland area is a great place to live and do business"

Steve Englet
Ashland Precision Tooling, LLC

 

Local Incentives

Program

Desc.

Eligibility

Contact

                                                

Ashland City / County Revolving Loan Fund

Low interest loan

Most companies with the exception of non-profit businesses and financial institutions.  Can only be used for Purchase of machinery & equipment, Building renovation or construction or Land acquisition.  One job must be created for every $25,000.00 loaned.

Ashland Economic Development 419-289-3200

RLF Guidelines
RLF Application

Enterprise Zone

Tax Abatement

Must be a manufacturing, distribution or research and development firm. 

Area in Enterprise Zone:  The City of Ashland, Montgomery Township, Milton Township, Jackson Township, Polk, Sullivan Township, Loudonville, Perrysville and Green Township

Abatement for new real and/or personal property.  See program guidelines for specifics.

Ashland Economic Development 419-289-3200 or Ashland City Engineer 419-289-8331

Enterprise Zone application - .pdf

Enterprise Zone application - .doc

County Enterprise Zone guidelines

City Enterprise Zone guidelines

Community Reinvestment Area

Tax Abatement

Must be a manufacturing, distribution or research & development firm (with few exceptions). 

Currently, portions of the City of Ashland and Montgomery Township are designated as Community Reinvestment Areas.

Ashland Economic Development 419-289-3200 or Ashland City Engineer 419-289-8331

CRA Guidelines

       
Erie Basin Resource Conservation and Development Revolving Loan Fund Loan Program The financial assistance is intended to result in private sector job creation and contribute to the development or stabilization of natural resources. The primary requirement is that one job will be created for every $15,000 lent. Ed McConoughey 8 Fair Road, Norwalk, OH 44857, 419-668-4113 ext. 4
       
 JumpStart, Inc.  Investment  JumpStart identifies and invests in early-stage companies that have strong potential in the marketplace, solid prospects for high growth .  JumpStart also provides business development services to its client companies.  JumpStart, Inc.
737 Bolivar Road
Suite 3000
Cleveland, Ohio 44115

216-363-3400
JumpStart

Ask@JumpStartInc.org