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Comparison to State Program
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Jurisdiction |
Montgomery County |
State of Ohio |
| Business Linked Deposit Program |
Yes |
Yes |
| Housing Linked Deposit Program |
Yes |
No |
| Brownfield Clean-up |
Yes (no job creation/retention requirement) |
No |
| Dollar amount per job created/retained |
$35,000 |
$25,000 |
| Limit on sales size capacity of company |
No limit |
No limit |
| Fixed rate short-term loan for inventory--50% funded for new jobs |
Yes |
No |
| Loans to franchises |
Yes |
No |
| Target Areas/Zones for Linked Deposit |
Countywide ($3 million has been reserved for the Riverscape Area) |
Special consideration given to areas around Ohio that have greater than 1% or higher unemployment rate relative to overall state employment |
| Wires funds the next day to the bank |
Yes |
Wired after 10am each business day |
| Number of days for turnaround upon receipt of application |
Ten business days |
Ten business days |
| Include equipment needed in production that retains or creates jobs |
Yes |
Yes |
| Leasehold improvements that create or retain jobs |
Yes |
Yes |
| Acquisition of real property for new or expanded facilities |
Yes |
Yes | |
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| Copyright ©
2009, Montgomery County, Ohio |
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