LCDC's Economic Development Grant

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

LCDC's Economic Development Grant

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?

Contact: Sarah@lakecountydevelopmentcouncilorg.

Eligibility Requirements

Grant recipients are required to have a one (1) and three (3) year business plan.
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).
maintain membership to the Lake County Development Council for at least two (2) consecutive years once awarded the grant.
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.
set up a mid-way progress report meeting with LCDC's Grant Committee.