Affordable financing is critical to both new and expanding businesses-especially in today’s economy. Orange County is uniquely qualified to create a funding strategy specifically suited to your business. We are up-to-date on the ever-changing state- and federal-level funding programs, and can also put you in touch with appropriate local, county, and regional funding sources, including:
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Revolving Loan
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Tax-exempt bond
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Loan guaranties
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Credit enhancement
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Grants
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Surety bonds
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Special purpose loans
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Lender programs
Check out the incentives section for more detailed information about grants, loans, tax credits, and other special programs.
Grant Overview:
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This grant is open to new or existing businesses that are in
Orange County.
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Grant recipient must be an OCEDP member
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Businesses must have fewer than 30 employees to apply.
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There is a required 25% match
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Apply for up to $10,000
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Applications will be accepted from May 1st until May 30th
Eligible use of funds include, but are not limited to:
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Renovation and repair of building
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Signage and Façade Improvements
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Engineering, Planning, and Design Costs
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Equipment and Supplies
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Marketing
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Website Creation
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Other expenses as approved by OCEDP
Cities and towns in the Radius Indiana region are developing new economic opportunities through Spark Downtown, an educational program that helps community leaders take steps to create new businesses and address vacancy in downtowns.
Spark Downtown, whose mission is to ignite the revitalization of downtowns in the Radius region, believes downtown is the heart and soul of the community and one of the keys to attracting a vibrant workforce. For this reason, Spark Downtown created a Downtown Façade Loan Program to encourage revitalization of the downtown, to stimulate additional private sector investment in the downtown and surrounding area, and to help spur job creation. The program provides loans to downtown property and business owners for the purpose of funding permanent exterior improvements on commercial or mixed use
buildings.
Downtown Paoli and Orleans Business and Property Owners will have the opportunity to apply for this loan program through Spark Downtown. You can find more information about finance terms & conditions along with contents of the application and where to file by clicking the google doc link above below.
To learn more about the Spark Downtown Facade Loan or apply, please contact the Radius Indiana office at 812-277-9778.