Ohio Micro-Enterprise Loan and Minority Business Direct Loan Programs
Open continuously
No deadline — apply whenever you are ready.
The Ohio Minority Business Direct Loan Program provides fixed-rate loans (historically at reduced interest) of up to $500,000 covering up to 50% of eligible project costs; the Micro-Enterprise Loan Program serves smaller borrowers.
Ohio Department of Development, Minority Business Development Division
public · regional
Deadline: Open all year
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- small enterprises
- Stage: seed and growth
- Locally registered entity required
Business must be certified as an Ohio Minority Business Enterprise (at least 51% owned and controlled by US citizens who are members of an economically disadvantaged minority group) and located in Ohio.
Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)
Source. https://development.ohio.gov/business/minority-business · not human-checked
Verified on 14 August 2026
Source: development.ohio.gov
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