Economic Development Incentives

Ohio's business incentives reduce your risk.

Ohio Tax and Incentive Resources

Contact Us

Sheena Metzger
Site Selection Manager
JobsOhio
(614) 565-6065

Ohio boasts an impressive variety of incentive offerings to align with an expanding company’s financial needs. State and local tax incentives, grants and low-interest financing offer businesses the opportunity to reduce risk while encouraging investment in Ohio.

Learn more about Ohio's incentive programs:

Taxation Incentives

Business Tax Incentives: Applied to the Ohio CAT

Capital Investment Incentives: Applied to Capital Investment

Property Tax Incentives: Applied to Real Property Tax

Low Interest Financing Assistance

Grants

Shovel-Ready Site Certification

The Ohio Job-Ready Sites Program was created in 2005 to bolster the State's inventory of available facility locations served by utility and transportation infrastructure. Sites improved under the program are certified by a third-party consulting firm as shovel-ready.

Each Job-Ready Sites Program grant is capped at $5 million and may be used to offset costs traditionally incurred in industrial and commercial site development, from acquisition of real property to utility upgrades to construction build-out of speculative facilities. Funds are directed strategically to achieve two equally important objectives: (1) to create sites filling gaps in Ohio's current site inventory and (2) to foster unique, catalytic re-investments in developed areas of the State. As such, JRS Program funds are available each year to a limited number of sites that offer Ohio's best opportunities for future large-scale development and/or re-use.

Grants also may be available through:

Business Development Grants

Business Development Grants are available to companies to defray investments in acquisition of machinery and equipment and other infrastructure improvement.