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DAYTON— JobsOhio awarded Inclusion Grants totaling $60,000 to two Dayton Region small businesses in February.
The JobsOhio Inclusion Grant provides financial support for eligible projects in designated distressed communities and for businesses owned by underrepresented populations across the state. The Dayton Development Coalition, JobsOhio’s network partner for the Dayton Region, supported the companies through the grant application process.
“We often work with companies in need of support in order to grow and add jobs but do not meet the requirements for traditional JobsOhio support,” said Julie Sullivan, the DDC’s Executive Vice President for Regional Development. “We’re thrilled to have this tool in our economic development toolbox to support small business job growth.”
Projects awarded grants in February 2021 include:
ElectriPack, Inc.: (Miamisburg): ElectriPack, a woman-owned small business, specializes in wire harness manufacturing for a variety of industries including truck and bus engines, construction, robotics, marine, military-specific, and mining. The funding support will allow the company to expand product offerings to reach new customers by helping it establish an inventory system for on-demand orders of stock components and small assemblies.
“We are a build-to-print manufacturer and distributor of electrical components and wire harnesses. We also work with our clients on a variety of specialty packaging operations. We are looking to improve our technology infrastructure with respects to inventory management and online presence so we can ramp up distribution activities to reach more customers. The driving factor is to expand our operations and product mix, as well as better utilize our current facility.” said Micah Messer, Comptroller
JOIG amount: $25,000
- Capital investment: $91,000
- Jobs created: 4
- Jobs retained: 24
APS Materials, Inc.: (Dayton): APS Materials, Inc. provides plasma-sprayed thermal coatings for the biomedical, aerospace, automotive, and semiconductor sectors. Based in riverside since 1975, the company wants to establish an additional site location for operations.
APS Materials is experiencing exponential growth. In order to accommodate this growth, a metallurgical lab is required for the Leo St. production site, which will focus on the biomedical and semiconductor industries. The new location will be able to provide full-service production and quality capabilities for biomedical and electronics customers.
“The project is a necessity for our company to expand production capacity in order to meet customer demands. Receiving this grant would enable us to expedite the setup process and meet an ambitious schedule,” said Johaun Cheng, Business Development Director.
JOIG amount: $35,000
- Capital investment: $129,800
- Jobs created: 2
- Jobs retained: 90