GrowNOW Ohio

Attention TOS Economic Development Department

30 East Broad St, 9th floor
Columbus, OH 43215 
GrowNOW application questions

Tel: (614) 644-0169 or 1-800-228-1102
Fax: (614) 485-6950
Alliance Group: Business & Commerce 
Type: Governmental Agency 
Region: Central 

Mission Statement:
The mission of the Ohio Treasury is to protect, manage, and invest State money with integrity and high ethical standards while providing innovative financial services, educational resources and constituent service for all Ohioans.

Description of Services:
GrowNOW is a partnership between eligible banks and the Ohio Treasury. The program enables small business owners to receive up to a 3% interest rate reduction on new or existing small business loans for two years with the opportunity for renewal. Small business owners must commit to the creation or retention of at least one full-time job or two part-time jobs in the State of Ohio for every $50,000 borrowed, up to $400,000. GrowNOW broadly serves as a catalyst for Ohio’s economic development by supporting the small businesses that drive it.

First Name: Jim
Last Name: Bernholtz
Title: Economic Development Officer

Phone: (614) 644-0169 or (800) 228-1102