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LCDC’s Economic Development Grant 2025

This grant provides financial support to local businesses in Lake County, Ohio, for infrastructure improvements, innovative projects, and employee training, fostering economic growth in the community.

$5,000
Active
Recurring
Grant Description

The Lake County Development Council (LCDC) offers an annual Economic Development Grant aimed at supporting local businesses in Lake County, Ohio. The 2025 grant cycle is currently open for applications through June 30, 2025. The award will be officially presented at the 2025 Economic Forum, scheduled for September 30, 2025. This grant may be combined with other local, county, state, and federal incentive programs, offering recipients a flexible and supportive funding opportunity. This one-time incentive grant supports infrastructure investments, business innovation, and employee skills development. The award amounts range between $500 and $5,000, depending on applicant qualifications and the number of available contributions for the 2025 cycle. LCDC welcomes new contributors and offers public recognition for those who support the grant program. Eligible businesses must have a one-year and three-year business plan, and maintain a physical presence in Lake County, Ohio. A valid one-year lease is required unless the business is home-based, in which case applicants must show proof of compliance with local zoning and licensing regulations. In addition, recipients must remain members of the Lake County Development Council for at least two consecutive years post-award, agree to speak at the following year’s Economic Forum Breakfast, and participate in a mid-cycle progress report with the LCDC Grant Committee. The application for the grant can be accessed via the live grant portal. While detailed application questions are not publicly listed, all criteria and documentation requirements are provided within the application form itself. For those interested in contributing to the grant program or requesting further details, contact Sarah at Sarah@lakecountydevelopmentcouncilorg. Past recipients include local businesses such as Beyond The Toybox Event Styling, Candoren Guest House, Mirror Mirror Salon & Bridal, and Fashion in Style. Contributors to the grant program include local organizations and companies like MEACO, Fredon, Normandy Catering, CT Consultants, and Universal Metal Products, showcasing strong community support for economic development in Lake County.

Funding Details

Award Range

$500 - $5,000

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Small businesses
For profit organizations other than small businesses

Additional Requirements

Applicants must have one- and three-year business plans, a physical premise in Lake County (or home-based with proper documentation), commit to a two-year LCDC membership after award, speak at the following year’s Economic Forum, and meet for a progress review with LCDC.

Geographic Eligibility

Lake County (OH)

Key Dates

Application Opens

May 2, 2025

Application Closes

June 30, 2025

Contact Information

Grantor

Lake County Development Council

Phone

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Categories
Workforce Development
Employment Labor and Training
Business and Commerce
Infrastructure