LCDC's Economic Development Grant

LCDC is awarding an Annual Economic Development Grant to a deserving business(es) in Lake County!

2025 portal NOW LIVE! Submit By June 30, 2025.

We are excited to announce that the 2025 Economic Development Grant portal is officially LIVE! This grant will be presented at the 2025 Economic Forum (mark your calendars for September 30th!). The grant can be utilized alongside other local, county, state, and federal incentive programs.

This funding is designed to enhance growth and productivity through investments in infrastructure, business innovation, and employee skills development.

This one-time incentive will range from $500-$5,000 depending the the applicants’ qualifications, as well as the number of 2025 contributions. All applicants must fulfill the eligibility criteria.

For complete details regarding the grant requirements, please refer to the application.

Would you like to support the 2025 Economic Development Grant and become recognized as one of our contributors? If so, please click “Contribute” below or contact Sarah@lakecountydevelopmentcouncilorg.

Contribute

Our 2024 Grant Winners

Beyond The Toybox Event Styling

38845 Mentor Ave Unit E, Willoughby, OH 44094

Candoren Guest House

33180 Vine St. Eastlake, OH, 44095

Our 2023 Grant Winners

Mirror Mirror Salon & Bridal

Fashion in Style

Initial Contributors:

Eligibility Requirements

To be eligible to receive the Lake County Development Council Economic Development Grant, grant recipients must fit the following criteria:

Grant recipients are required to have a one (1) and three (3) year business plan.
Grant recipients are required to have a physical premise/brick and mortar located in Lake County, Ohio – with at minimum, a one (1) year lease. If the recipient works out of their home, they must follow the proper zoning regulations/license, to prove that they are registered and bonded with the city that they are based out of (within Lake County, Ohio).
Grant recipients are required to maintain membership to the Lake County Development Council for at least two (2) consecutive years once awarded the grant.
Grant recipients are required to speak at the following year’s Economic Forum Breakfast to share how they’ve used to the grant funds and the impact this process has had on their business.
Grant recipients are required to set up a mid-way progress report meeting with LCDC’s Grant Committee.

Initial Contributors:
LCDC
Lake County General Health District
MEACO

2023 Contributors:
MEACO
Bescast
Cardinal Credit Union
Fredon
Griffin Technology Group
NorthStar – A Division of Stewart Title
Universal Metal Products

2024 Contributors:
MEACO
The Crockett Team
Normandy Catering
Rita Soeder – Perry Local Schools
Fredon
Global Real Estate
Universal Metal Products
Griffin Technology
CT Consultants
Enterprise Door & Supply Co.