Small Business Assistance

Mt. Pleasant NOW Development Corporation (MPNDC), 13815 Kinsman Road, (216) 751-0023 provides renovation of commercial storefronts; develop sites for commercialuse, atttract new businesses to the Mt. Pleasant Community; security cameras for businesses, provide informaton on creating and maintaining community gardens; business development, and commercial spaces for lease.

The Urban League of Greater Cleveland Entrepreneurship Center, 2930 Prospect Avenue (216) 622-0999 provides business training and education; one-on-one business counseling at no charge; access to information, capital portal, research, benchmarking and analytical assistance, and a resource directory.  The Entrepreneurship Center of the Urban League is the host site for the Cuyahoga Small Business Development Center (SBDC) Lead Center as well as the Cleveland Minority Contractors Business Assistance Program (MCBAP).

City of Cleveland Loans & Grants Programs, 601 Lakeside Avenue (316) 664-2000:  Storefront Renovation Program (SRP) offers technical, design and financial assistance to commercial property owners whose retail (storefront) buildings are located in 27 City-approved "Target Areas." Economic Development Loan Program is designed to help companies from across all industries grow and prosper.  This program offers long term, fixed-rate financing at 4% interest.  Loans range from $35,000 to $500,000 and cannot exceed 40% of the total project's cost.  Terms are typically 5-7 years on equipment and up to 15 years on land and building.  Neighborhood Retail Assistance Program or 'NRAP' is structured to provide grant and loan assistance (up to $40,000) to small retail-related businesses and targets projects which will upgrade the exterior appearane and feel of retail districts.  Thse projects include landscaping, lighting and signage, enhancements which have proven to have a positive effect on the economic  vitality,  vibrancy, and image of a community.  All NRAP applicants must have a letter of support from their Community Development Corporation (CDC) and their councilperson.

WECO Fund, 3209 Chester Avenue (216) 458-0250 provides financial services and programs to low and moderate income individuals and families and companies, organizations and institutions whiich they are involved.  It also supports organizations that want their employees, members, constituents, customers, clients or congregants to be financially stable.

Vacant Property Initiative Fund 601 Lakeside Avenue Room 210 (216) 664-2406.  These loans are designed to overcome bariers to the re-use of abandoned, idled or underutilized commercial and industrial properties.  Eligible applicants include private developers and businesses, and non-profit CDC's.

Workforce Training Grants (216) 664-3073 Weekdays 8 a.m. to 5 pm.  Customized Occupational Skills/Incumbent Worker Training Application. Grant money for employee training is available to Cleveland businesses through Employment Connection.

Working Capital Loan Program (216) 664-3612 or (216) 664-2202 Weekdays 8am to 5pm.  This program is designed to assist businesses that have recently had their lines of credit cut.  The company must show pending orders that require inventory purchse, have the ability to re-pay debt, and be credit worthy.

Cuyahoga County Department of Development Renovation Repate Program (SRRP), Reserve Square, 1701 East 12th Street, 1st Floor (216) 443-7260 assists property owners and/or business tenants within the Urban County with making facade improvements and/or the correctionof exterior code violations to their property.  These improvements lead to revitalized neighborhood commercial areas, elimination of blight and enhanced livability of surrounding neighborhoods.  The SRRP programs offers property owners and business tenants a rebate for eligible costs associated with rehabilitating their storefronts.