Before a business can start operations, or in some cases even start constructing a facility, a variety of state and local permits may be needed. Typically, permits from the Ohio Environmental Protection Agency (OEPA) are the most critical for manufacturing operations. The U.S. EPA has delegated environmental permitting authority to the OEPA. That means no additional permitting by the U.S. EPA is required in Ohio.
APEG, as part of the JobsOhio statewide network, has relationships with the OEPA Director’s Office. APEG can connect companies with the OEPA or facilitate meetings with the OEPA. The OEPA Director’s Office can provide guidance on required permits, the application process, and can work on an on-going basis to make sure the OEPA permit application and approval process is streamlined and efficient.
Appalachian Growth Capital
Created by the Appalachian Partnership Inc., the parent organization of APEG, Appalachian Growth Capital is a loan fund created to provide small and mid-size businesses access to growth capital. It will partner with banks and other loan funds to increase the amount of capital available to support expansion and job creation. The loan fund is the initial step in create a Community Development Financial Institution (CDFI) that will serve the 32 counties of Appalachian Ohio.
Revolving Loan Funds
The APEG region has a variety of non-profit and governmental organizations that manage revolving loan funds (RLFs) to help businesses finance new fixed assets. These loan funds are designed to fill the gap between business equity, what a bank will loan and total project costs. Most programs are tied to job creation and require bank participation. For more information, contact:
- In Eastern Ohio, Ohio Mid East Government Association RLF
- In Southeastern Ohio, Buckeye Hills-Hocking Valley Regional Development District RLF Program
- In Southern Ohio, Ohio Valley Regional Development District RLF
- SBA 504 loans across the region administered by Ohio Statewide Development Corporation.