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"American Augers, Inc. is proud to be located in Ashland County, Ohio. We have found that the local governments (township, city, county and
state) are all extremely pro-business. During our recent plant expansion (that doubled the size of our facility), the Ashland Area Council for Economic Development was exceedingly helpful in navigating us through the process for obtaining state and local grants that aided us in making this expansion a reality. We look forward to working with the AACED in the future and continuing our contribution to the economic vitality of Ashland County."
James Pfeiffer
American Augers, Inc. |
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Local Incentives
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Program |
Desc. |
Eligibility |
Contact |
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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 |
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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
Enterprise Zone application - .pdf
Enterprise Zone application - .doc
County Enterprise Zone guidelines
City Enterprise Zone guidelines |
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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
CRA Guidelines
CRA Application
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| 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. |
Greg Small, 8 Fair Road, Norwalk, OH 44857, 419-668-4113 ext. 4 |
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| 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 | | |
