Growth Partnership for Ashtabula County

Growth Partnership for Ashtabula County Our central aim is to increase prosperity and economic vitality in Ashtabula County, Ohio.
Founded in 1990 by industry and civic leaders in Ashtabula County to increase prosperity and economic vitality in the county. Growth Partnership is a strategic development organization focused on helping the county tackle its leading economic challenges and develop its brightest economic opportunities.

We help local companies expand and grow, assist entrepreneurs in birthing new businesses, and interest new companies in investing in Ashtabula County, Ohio.

Mission: The Growth Partnership for Ashtabula County will give focal point leadership to economic and community development in Ashtabula County. The organization will work as an inclusive, engaged, collaborative, and performance-based strategic development organization in developing increased prosperity and economic vitality across the county. Growth Partnership will achieve this vision by working cooperatively and collaboratively with its local and external partners.

Operating as usual

It’s the third Tuesday in September. In a normal year, we would be preparing for the Best of Ashtabula County awards ton...
09/15/2020

It’s the third Tuesday in September. In a normal year, we would be preparing for the Best of Ashtabula County awards tonight. Due to COVID-19 and restrictions by the state, we obviously cannot gather to celebrate. Instead we are preparing a series of virtual events set to run on social media and other channels later this year. We miss you, but COVID or not, we still appreciate all you do to make Ashtabula County a great place to live and work.

Profiles of Ashtabula County Breakfast returns this Wednesday and you can view it virtually. It will be from 8 to 9 a.m....
09/01/2020
Welcome! You are invited to join a meeting: PROFILES: September 2020. After registering, you will receive a confirmation email about joining the meeting.

Profiles of Ashtabula County Breakfast returns this Wednesday and you can view it virtually. It will be from 8 to 9 a.m. via Zoom.

The topic is Changes & Challenges in Healthcare: How UH is Growing to Serve Residents of Ashtabula County featuring Tom Zenty, CEO of University Hospitals and Cliff Megerian, M.D., President & incoming CEO.

Register with this link: https://us02web.zoom.us/meeting/register/tZYldeihqTspHtYr33u2UlAjPz2MrqNuFOyT

Welcome! You are invited to join a meeting: PROFILES: September 2020. After registering, you will receive a confirmation email about joining the meeting.

08/04/2020
COVID-19 Telephone Town Hall for Small Businesses

COVID-19 Telephone Town Hall for Small Businesses

On April 1, 2020, Congressman Joyce held a telephone town hall for small businesses in Ohio’s 14th Congressional District that have been impacted by the econ...

07/23/2020

COVID-19 and employee health

Great news for Ashtabula County."The OEPA air permit authorizes Petmin to install and operate production equipment for t...
07/20/2020
$474M Pig-Iron Plant Gets Permit for Ashtabula Site - Business Journal Daily

Great news for Ashtabula County.

"The OEPA air permit authorizes Petmin to install and operate production equipment for the manufacturing of merchant pig iron.
"Modeling shows allowed emission levels will not cause or contribute to [exceeding] National Ambient Air Quality Standards, ensuring that local air quality will be protected,” the agency said. “Emissions from the facility will include nitrogen oxides, particulate matter, sulfur dioxide, carbon monoxide, volatile organic compounds, and greenhouse gases.”"

https://businessjournaldaily.com/474m-pig-iron-plant-gets-permits-for-ashtabula-site/?fbclid=IwAR183DXBLre-qjtH9xuMwt-AbOiPOJV1b331-InPoFMbdbWRuUceJEVNUH4

ASHTABULA, Ohio — The Ohio EPA has approved an air permit for construction of the $474 million pig-iron manufacturing plant […]

SENATE PASSES BROWN, SCOTT, WYDEN, GRASSLEY LEGISLATION TO HELP NONPROFITS  Bipartisan Bill Would Ensure that Nonprofits...
07/16/2020
Download | U.S. Senator Sherrod Brown of Ohio

SENATE PASSES BROWN, SCOTT, WYDEN, GRASSLEY LEGISLATION TO HELP NONPROFITS

Bipartisan Bill Would Ensure that Nonprofits Receive Federal Help for Unemployment Payments Up Front, Rather than Being Reimbursed Later

Fix Would Free up Much-Needed Money to Keep Nonprofits Running, Serving Americans

WASHINGTON, D.C. – Late yesterday, the Senate unanimously passed legislation introduced by U.S. Sens. Sherrod Brown (D-OH), Tim Scott (R-SC), Ron Wyden (D-OR) and Chuck Grassley (R-IA), the Protecting Nonprofits from Catastrophic Cash Flow Strain Act, to help nonprofits, state and local governments and federally recognized Tribes remain financially viable during the COVID-19 pandemic.

Many nonprofits operate as ‘reimbursing employers,’ which means they pay their share of unemployment taxes by reimbursing states for 100 percent of the unemployment benefits collected by their former employees. Recognizing that reimbursing employers would be unable to cover all of their unemployment costs, the CARES Act allows nonprofits to reimburse only 50 percent to the states while the federal government covered the other 50.

Guidance issued by the Department of Labor in April, however, requires states to collect 100 percent of unemployment costs from nonprofits up front and reimburse them later, putting a further strain on organizations hit hard by COVID-19. The Senators’ bill would clarify that nonprofits are only required to provide 50 percent in payments up front. The net cost to the employer and the federal government would remain the same, but would free up much needed money to help nonprofits stay afloat.

“Nonprofits are on the frontlines of the COVID-19 pandemic and our constituents are increasingly looking to local nonprofits to help feed their families or make ends meet,” said Sen. Brown. “We shouldn’t be putting added financial strains on nonprofits at a time when they need this money to better serve our communities.”

“Nonprofit organizations play a vital role in our communities, especially during this time of uncertainty for so many American families,” said Sen. Tim Scott. “This bipartisan legislation protects these vulnerable organizations from being placed in unnecessary hardship in the midst of the pandemic. I’m grateful for the support of my colleagues on this issue and looking forward to this being signed into law.”

“Nonprofit groups like food banks have been critical in helping their communities through the pandemic and economic crisis,” said Sen. Wyden. “Many are struggling to maintain services as they have been forced to furlough their own employees. Our proposal is a commonsense fix that will help nonprofits maintain the cashflow needed to survive this crisis and continue serving others in need.”

“The CARES Act provided substantial relief to nonprofits forced to furlough or lay off staff,” said Sen. Grassley. “Without this fix, some nonprofits would have to make large payment to the state now—when they’re least able to afford it—and then wait for a reimbursement later. This bill would make sure they don’t have to wait for further relief.”

For many nonprofit employers, the requirement to pay 100% of the UI bill before securing relief exacerbates the financial impact of historically high claims triggered by the pandemic, increasing the risk of further layoffs, closures, or substantial reductions in services. This legislation would enable states to provide the CARES Act’s 50% emergency relief to reimbursing employers without requiring these nonprofits or other entities to pay their full bill first.

More information on the bill can be found HERE. http://brown.senate.gov/download/61820-nonprofit-ui-fix-summary

The Official U.S. Senate website of Senator Sherrod Brown of Ohio

Growth Partnership for Ashtabula County wishes you a Happy Independence Day.
07/04/2020

Growth Partnership for Ashtabula County wishes you a Happy Independence Day.

06/10/2020

Olympian Ambassador Ryan Lochte Tours SPIRE Complex and Shares Video

06/10/2020

Score Weekly Update

06/05/2020

Update on COVID-19 benefits for businesses

Gazette Newspapers is honoring Essential Workers. If you have someone you want to nominate, read this article and use th...
06/03/2020
Nominate your Essential Worker for a special Gazette Newspapers publication

Gazette Newspapers is honoring Essential Workers. If you have someone you want to nominate, read this article and use the form to enter their name and why you consider them to be an Essential Worker.

http://www.gazettenews.com/index.php?option=com_content&view=article&id=12033:nominate-your-essential-worker-for-a-special-gazette-newspapers-publication&catid=47&Itemid=234

Nominate your Essential Worker for a special Gazette Newspapers publication by General on 14 May 2020 ASHTABULA COUNTY - During the uncertain times of the COVID-19 pandemic, essential workers continue to head to work every day, risking their health to keep all essential services running. Health-care...

05/11/2020

Score Weekly Update

Dear Growth Partnership Member,In case you haven’t heard about it already, see the link below for an alternative loan pr...
05/01/2020
Federal Reserve Board - Main Street Lending Program

Dear Growth Partnership Member,
In case you haven’t heard about it already, see the link below for an alternative loan program for larger employers to be offered by the Federal Reserve. The loans are not forgiven like the PPP, but do serve as an alternative for those shut out of PPP:

https://www.federalreserve.gov/monetarypolicy/mainstreetlending.htm

If the link doesn’t work try pasting it into a browser.

The Federal Reserve Board of Governors in Washington DC.

04/30/2020

SCORE's Weekly Update- 4/27/20 Coronavirus Resource List

04/28/2020

Phase 1 plans for reopening the economy

Applications for Federal Paycheck Protection Program Resume April 27   An additional $310 billion was approved to extend...
04/27/2020
Paycheck Protection Program

Applications for Federal Paycheck Protection Program Resume April 27

An additional $310 billion was approved to extend the Paycheck Protection Program to provide forgivable federal loans through the U.S. Small Business Administration.
The SBA will resume accepting applications from participating lenders on Monday, April 27 at 10:30 a.m. EDT.
Small business owners who have previously applied for PPP funding are encouraged to verify the status of their pending application with their lender. More information on how to apply for the SBA Paycheck Protection Program is available at https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program.

An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.

04/23/2020

SCORE's Weekly Update- 4/20/20 Coronavirus Resource List

04/21/2020

AWT Foundation Newsletter - April 21

04/16/2020

To extend a helping hand to small businesses suffering from the impacts of the coronavirus pandemic, the U.S. Chamber of Commerce Foundation – in partnership with Vistaprint and a coalition of supporting companies, foundations, and philanthropic donors – is working to provide financial relief through the Save Small Business Fund. This fund is a key pillar of the U.S. Chamber’s Save Small Business Initiative.

The Fund is providing $5,000 in short-term relief to employers across the United States, including chambers of commerce. These one-time supplemental cash grants are for businesses that have between three and 20 employees and operate in an economically vulnerable community (you can search eligibility by zip code here).

The grant application will go live on Monday, April 20 at 3:00 PM ET / 2:00 PM CT. To learn more about the Save Small Business Fund and to apply for a grant, visit savesmallbusiness.com.

04/14/2020

This is just a reminder for anyone that is self employed, and did not qualify to apply for the PPP last week, starting today you are now able to apply.
If you are planning to apply for this loan, it is recommended that you contact a bank asap to get an application completed and turned in.

If your bank is unable to process your application, you can email GILL GOLDBERG, the District Director of Cleveland SBA: [email protected] or you can call the Cleveland SBA office: 216-522-4180. 15 Credit Unions were recently approved to process the PPP application and you can get a list from Gil or the SBA office. You can find the applications and more information by clicking this link to our PDF menu page: https://www.facebook.com/pg/GrowthPartnershipAshtabulaCounty/menu/?p_ref=pa

Here Is Cleveland SCORE's Weekly Update Resources to Help You Get through!•    Best Overall Federal Comprehensive Guide ...
04/14/2020
SBA - Disaster Loan Assistance

Here Is Cleveland SCORE's Weekly Update
Resources to Help You Get through!

• Best Overall Federal Comprehensive Guide to CARE Act provisions with FAQ’s [sbc.senate.gov]: Click to Download the-small-business-owner-s-guide-to-the-cares-act-final-.pdf

• Economic Injury Disaster Loans (EIDL) & Emergency Economic Injury Advance (Grant) through SBA if business was operating on Jan 1, 2020 (LLC’s, Sole Proprietors, Gig workers, 1099 independent contractors, S-Corp, C-Corp, many 501-C3 Non-Profits, etc, with 500 or less employees) Apply ONLINE here>: https://covid19relief.sba.gov/#/ for EIDL As little as 15 minutes to apply Up to $10,000 advance/grant available by ACH in as little as 3 business days [SBA internal objective] after submission of application. Does not have to be repaid even if EIDL application is ultimately denied “When in doubt, apply!”

• SBA Resources: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options See SBA EIDL FAQ’s:
• https://www.sba.gov/sites/default/files/articles/EIDL_Information_and_Documentation_-_3-30-2020_FINAL_2_pm.pdf

• Paycheck Protection Program Loans (PPP) (apply through your FDIC bank or credit union) Download Application for Paycheck Protection Program (PPP)https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Application-3-30-2020-v3.pdf Contact your current FDIC bank or credit union; or any SBA 7(a) lender (A non-SBA lender can apply to become a “delegated” PPP lender)
• See guidance & FAQ’s here:https://home.treasury.gov/system/files/136/PPP--Fact-Sheet.pdf

• See, also, US Chamber of Commerce Checklist for Small Business athttps://www.uschamber.com/sites/default/files/023595_comm_corona_virus_smallbiz_loan_final.pdf NOTE: SBA recently clarified PPP to cover only W-2 payroll since 1099 workers are separately eligible for EIDL (see above)
SCORE recommends contacting your accountant for detailed assistance

• For DIY, there are also numerous PPP estimator/calculator tools and how-to videos on the internet - Google Search “Paycheck Protection Program calculator” to find examples.
IRS Small Business Tax Relief Provision(s)
• IRS Employee Retention Tax Credit (up to $5,000 refundable tax credit) - contact your tax accountant for assistance - the interplay rules of PPP loan/advance and IRS tax credits is complex to avoid double recovery. See https://www.irs.gov/newsroom/irs-employee-retention-credit-available-for-many-businesses-financially-impacted-by-covid-19

• IRS guidance on economic impact payments to most individual taxpayers: https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know

• All IRS Covid Guidance here: https://www.irs.gov/coronavirus

• Small Business Debt Relief Program for existing SBA loans https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/sba-debt-relief

• American Banking Association List of Banks offering assistance to their existing customersFind your bank here [updated frequently]: https://www.aba.com/about-us/press-room/industry-response-coronavirus

Small Business Counseling (SCORE)
• Coronavirus SBA Loans and CARES Act: https://www.score.org/coronavirus-sba-loans
• Coronavirus Small Business Resource Hub: https://www.score.org/coronavirus-business-hub
• Request a Mentor: https://www.score.org/
State of Ohio Resources:
https://coronavirus.ohio.gov/wps/portal/gov/covid-19/home/resources-for-economic-support
City & County Resources: TBD
A number of local counties have recent press releases announcing various stabilization fund programs, but details of where and how-to-apply might not yet be released. Periodically Google search for your county and municipality to find when/where/how details when available.
Other Resources:
• Cleveland JumpStart is running a series of free webinars to help small business owners during COVID-19; https://www.jumpstartinc.org/events/

• Periodically Google search for ‘small business covid grant programs, e.g. “Facebook grants”, https://www.facebook.com/business/boost/grant
Non-Profits:
https://www.jewishtogether.org/sba-loan-information
• Cleveland Foundation COVID-19 Rapid Response Fund: https://www.clevelandfoundation.org/news/covid-19/response-fund/h
• A Non-profit guide to the CARES Act: https://www.seyfarth.com/news-insights/nonprofit-guide-to-the-cares-act-including-those-loans-youve-been-hearing-about-to-cover-payroll-and-that-dont-need-to-be-paid-back.html
Restaurant Industry:
https://www.ohiorestaurant.org/coronavirus-resource-center
Manufacturing & Distribution Industry:
https://www.bkd.com/article/2020/03/manufacturing-distribution-checklist-covid-19
Construction Industry:
https://www.bkd.com/alert-article/2020/03/covid-19-construction-industry
Hospitality Industry:
https://www.bkd.com/alert-article/2020/03/covid-19-hospitality-industry

Other Things to Consider:
Prepare a revised 12-18 month cash flow / cash management plan for your business; focus on reducing and renegotiating with your largest sources of cash outflows (eg. landlord, bank, key vendors, etc) See, eg. cash flow template: https://www.score.org/resource/12-month-cash-flow-statement

Review your insurance policy for any Business Interruption/Extra Expense coverage. Be sure to reach out to your insurance professional with any questions to see if you need to formally file a claim for consideration as a result of your loss of income and extra expenses through a mandated closure (or a diminished operating capacity) by a local, state or federal Civil Authority directive. You can also reach out to the Ohio Department of Insurance: https://insurance.ohio.gov/wps/portal/gov/odi/home

Contact your Accountant or Attorney for information and guidance on any possible Business/Casualty Loss deductions on next year's Federal and State Tax returns. You may be eligible to deduct the loss or partial loss of personal and business use property on your 2020 federal income tax return.

Review Contracts: Many contracts have a “force majeure” or impossibility clause that may excuse performance or provide some protections in the event of an unforeseeable event. If you are experiencing supply or service disruptions as a result of the COVID-19 pandemic and related governmental orders, contact your attorney to determine if your applicable force majeure clause can protect your company’s operations.
We suggest Google Searching for additional resources specific to your industry. Below are some typical search results we find...there are many others.

SCORE is proud to have the nation’s largest network of volunteer, expert business mentors. Join our team of 10,000+ volunteers, and share your talents and expertise with the small business community.

Address

17 N Market St
Jefferson, OH
44047

Opening Hours

Monday 08:00 - 16:30
Tuesday 08:00 - 16:30
Wednesday 08:00 - 16:30
Thursday 08:00 - 16:30
Friday 08:00 - 16:30

Telephone

(440) 576-9126

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Community Counseling Center would like to thank Growth Partnership of Ashtabula for a wonderful evening celebrating Ashtabula's "Best in County"! It is a privilege to serve Ashtabula with so many incredible organizations!
Greg Myers was excellent as the Keynote Speaker at the Conneaut Area Chamber of Commerce Annual Dinner Meeting.