LCDC's Economic Development Grant

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

2025 portal NOW Closed.

In 2023 The Lake County Development Council launched an Annual Economic Development Grant. It is awarded every year at the Annual Economic Forum. 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-$2,500 depending the the applicants’ qualifications, as well as the number of annual 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 Economic Development Grant and become recognized as one of our contributors? If so, please click “Contribute” below or contact Sarah@lakecountydevelopmentcouncilorg.

Contribute

Our 2025 Grant Winners

Back to Basics

35742 Vine Street Eastlake, OH 44095

Mmm Yummy

76 S Park Pl, Painesville, OH 44077

2024 Grant Winners

Beyond The Toybox Event Styling

Candoren Guest House

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:LCDCLake County General Health DistrictMEACO

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.

2025 Contributors:

MEACO

KeyBank

Fredon

Universal Metal Products