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Ohio Innovation Ohio Loan Fund

Ohio Development Services Agency (ODSA)OH-INNOVRefreshed 1 month ago
Do I qualify?
Max funding

$1.5M

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Provides low-interest loans to Ohio technology companies for product development and commercialization. Targets early-stage and growth companies in advanced manufacturing, biotech, and software.

Key Requirements & Eligibility

  • 1Ohio-based technology company with demonstrated innovation
  • 2Loan: $500,000–$1.5 million at competitive rates
  • 3Project must create Ohio jobs and increase state tax base
  • 4Management team experience and business plan required
  • 5Annual reporting; restrictions on use of funds for existing debt

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Ohio-based technology company with demonstrated innovation

2.Loan: $500,000–$1.5 million at competitive rates

3.Project must create Ohio jobs and increase state tax base

4.Management team experience and business plan required

5.Annual reporting; restrictions on use of funds for existing debt

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