2. Micro Enterprise Grant Program
Support. Fund. Grow.
Small business is the lifeblood of Montgomery County. That’s why the Micro Enterprise Grant Program was developed to help small, for-profit companies in Montgomery County grow their business and fund investments through grants from $2,500 to $25,000.

3. Need for Grant Program Part of MCOFuture Initiatives
Increase funding commitment to small businesses
Support small and emerging businesses
Invest in them, buy from them
Build a high speed wireless county for everyone
Targeting economic development assistance
Small businesses with limited access to capital

4. Eligibility Guidelines
Small business – under 5 employees
Sales revenue under $500,000
Small and emerging businesses
Established at least 12 months
Store-front business only
Not home-based or 2nd income
County vendor registration required

5. Participant Emphasis
Small, disadvantaged business - at least 51% owned by one or more socially and economically disadvantaged individuals
Socially disadvantaged - historically subjected to racial or ethnic prejudice or cultural bias
Economically disadvantaged - impaired access to financial opportunities

6. Targeted Sectors Retail Transportation Service Industry Childcare
Businesses owned by women, veterans and minorities

7. Grant Terms Funds awarded as a working capital equity grant
Business contribution – 10% cash equity or in-kind
Business must be current on taxes
For-profit businesses only
Good credit history

8. Grant Terms (continued)
Grant amounts from $2,500 - $25,000
State charter/incorporation, esp. related to sole proprietorship
Business development services available
Recoup funds based on business success
Business must be willing to be a mentor

9. Ineligible Uses of Funds
HUD’s Regulations
Cannot refinance personal or business debt
Cannot use for political or religious beliefs
Cannot be used for lobbying
County Policy
Cannot be used to assist bars, nightclubs, car dealerships

10. Business Development Services
Classroom curriculum for 10 weeks (CAP training):
Business Planning
“Business of Business”
Record Management
Financing
Continued outreach with businesses
Business feedback survey
Utilize BSC, Workforce, Project Hire

11. Program Partners
Community Action Partnership Since 1964, the Community Action Partnership has provided opportunities for low-income individuals and families to lead more productive lives through advocacy efforts, education, job training, employment and the provision of affordable housing.

12. Program Partners Minority Business Assistance Center
MBAC provides management and technical assistance, procurement information, bonding assistance, cost estimating services and organizational assessments to minority-owned, women-owned and small disadvantaged businesses.

13. Micro Enterprise Grant Program
“Small business is the backbone of our community. This program proves that small investments can make a big difference for small businesses.”
-Judy Dodge, Montgomery County Commissioner

14. Contact Information
451 W. Third Street, 10th Floor Dayton, OH W: mcomicro.com P: E: