FEDERAL BUSINESS RESOURCES/INCENTIVES
Federal Loan Programs
Ohio Valley Regional Development Commission (OVRDC): OVRDC is the Local Development District for our area and their mission is to assist with planning and project development coordination for the counties which they serve. Appalachian Regional Commission (ARC) and Economic Development Administration (EDA) dollars are channeled through this agency. In each of the communities that they serve a caucus is formed which is responsible for the ranking of annual projects within their area. Under the ARC, projects fall under several areas. The Area Development Program includes funding for water, sewer, health care, energy efficiency and telecommunications projects involving job creation or job retention as a planned component. The Access Road Program provides specialized funds available from the Federal Highway Trust Fund. OVRDC has additional programs available to businesses. The caucus appoints a project review member to assist in the development of projects and to be an advocate for those projects at the regional level. The first point of contact for these programs is the Jackson County Economic Development Board office.
Governor’s Office of Appalachia (GOA): advocates for Ohio’s 32 Appalachian counties, promotes the region’s assets and supports local, regional, state and federal initiatives. These initiatives contribute to the economic, educational and community prosperity of the people of Ohio’s Appalachian region. Website?
United States Department of Agriculture Rural Development (USDA RD): is the leading advocate for rural America. The mission area supports rural communities and enhances quality of life for rural residents by improving economic opportunities, community infrastructure, environmental health, and the sustainability of agricultural production.
To support rural regional economic prosperity, USDA Rural Development provides business development opportunities for rural businesses through the guarantee of quality loans and grant programs for projects that focus on job creation in rural areas. Funding for most of these efforts is administered by the USDA. Such investments support their long-term national prosperity by ensuring that rural communities are self-sustaining, repopulating, and thriving economically. For more information, contact Ohio's Rural Development Office.