State Rep. Roy Klopfenstein | The Ohio House of Representatives
State Rep. Roy Klopfenstein | The Ohio House of Representatives
Ohio House Speaker Bob Cupp (R-Lima) has expressed his appreciation for the allocation of $250,000 in JobsOhio grant funding for seven companies in Allen County. The grants aim to support service and manufacturing development projects in the area.
The recipients of the JobsOhio Inclusion Grant (JOIG) program have been selected based on their eligibility for financial assistance in distressed communities or for businesses owned by underrepresented populations across Ohio. Cupp acknowledged the positive impact of the grant program on Allen County, stating, "It is an important public-private partnership with JobsOhio to promote sustained economic recovery for our region and communities across Ohio."
The seven companies in Allen County and their respective financial assistance from JOIG are as follows:
- Alloway (Lima) - $50,000
- Chuffers Insight Solutions (Spencerville) - $25,000
- Fleck Manufacturing (Lima) - $50,000
- S.I. Distributing (Spencerville) - $25,000
- Signs Ohio (Lima) - $50,000
- United Equity (Spencerville) - $25,000
- Wellman Services (Lima) - $25,000
These grants will contribute to the creation of 25 new jobs and the retention of 129 jobs in Allen County, demonstrating the program's commitment to supporting local employment opportunities.
It is important to note that the JOIG program, as a JobsOhio grant, is funded by non-tax revenue. This highlights the initiative's focus on utilizing alternative sources of funding to facilitate economic growth and development in the region.
The allocation of these grants reflects the ongoing efforts to stimulate economic recovery and promote business expansion in Allen County. By providing financial assistance to these companies, the program aims to foster growth and enhance operations, ultimately benefiting the local community and contributing to the region's overall economic success.
In conclusion, the $250,000 in JobsOhio grant funding for seven companies in Allen County has received praise from Ohio House Speaker Bob Cupp. The grants will support service and manufacturing development projects, creating new job opportunities and retaining existing ones. This program underscores the importance of public-private partnerships in driving economic recovery and growth in Ohio's communities.
For additional details, please follow this link: https://ohiohouse.gov/members/roy-klopfenstein/news/cupp-applauds-250k-in-grants-for-seven-companies-in-allen-county-105005