Wood County News & Update

From Wood County Commissioner Tim Brown:

State of the County Report

This Thursday morning, March 22, 2012 the Wood County Commissioners will present a “State of the County” report to interested citizens. The address is free and open to the public and will take place at the Wood County Courthouse Atrium, One Courthouse Sq., Bowling Green. The event begins at 8:00 a.m. and is being sponsored by the Bowling Green Chamber of Commerce. Additional details can be obtained by contacting their office at (419)353-7945.

GrowNow – Ohio Small Business Assistance Program

This program is administered through Ohio Treasurer Josh Mandel’s office and enables small business owners to receive an interest rate reduction of 3% on new or existing small business loans. The program is a partnership between the Ohio Treasury and eligible banks. A small business owner must commit to the retention or creation of at least one full-time job or two part-time jobs in the state of Ohio for every $50,000 borrowed, up to $400,000. The GrowNow program broadly serves as a catalyst for Ohio’s economic development by supporting the small businesses that drive it. Eligible business owners must meet the following criteria:

• MUST be able to save or create 1 full-time or 2 part-time jobs in Ohio for every $50,000 borrowed.

• MUST have headquarters in Ohio.

• MUST have less than 150 employees.

• MUST have a majority of employees be Ohio residents.

• MUST be organized for profit.

• MUST maintain offices and operating facilities in Ohio.

Additional questions about the program can be directed to the Ohio Treasurer’s office at 1-800-228-1102, ext. 3 or www.GrowNow.ohio.gov