| Economic Development Department |
| Economic Incentive Programs |
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City of Kettering Business Loan Program
The City’s Business Loan Program is designed to provide gap financing to businesses that are planning to locate in the City, expand their business and/or rehabilitate their present facility.
Funds are available on a first-come basis. Applications are reviewed by City staff and approved or disapproved by a Loan Review Committee.
For more information, click here ( PDF file - 64K size).
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Economic Development/Government Equity (ED/GE)
This countywide program is comprised of two components – one is a direct grant making fund for economic development and the other is a tax revenue sharing program.
Projects which are chosen
1) retain or create jobs;
2) expand the local tax base;
3) provide infill growth in areas where infrastructure is already in place;
4) are collaborative, involving two or more communities;
or 5) have a committed business as the end user.
Click here for more information.
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BusinessFirst!
The BusinessFirst! Program uses a customer-oriented approach to economic development designed to link businesses to resources in the community. The BusinessFirst! team is a coordinated group of more than 50 government agencies, development organizations and nonprofit corporations.
The goal of the program is to provide a single point of contact for all of your business needs. An Outreach Specialist, a professional in the economic development community, will learn more about your business and help to identify area resources to help you succeed in today's competitive environment.
For more information, click here.
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Linked Deposit Program
Businesses, builders and developers often need outside financial help to grow. Montgomery County understands this, and has initiated a Linked Deposit Program. Participating financial institutions will pre-approve applicants for a two year to four year economic development loan at a competitive rate of interest.
For more information, click here.
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Small Business Administration (SBA) 504 Loan Program
This program generates fixed asset loans for small business expansions. These loans are well suited for construction and renovation projects.
For more information, click here.
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Ohio Enterprise Zones
Local and state tax incentives for businesses that expand or locate in Kettering. Local guidelines regulate the type of business and investment eligible for incentive.
For more information, click here.
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Ohio Job Creation Income Tax Credit
State and municipal tax incentives for businesses that expand or locate in Kettering. State guidelines regulate the type of business and projects eligible for this incentive. A business can receive a refundable tax credit against its corporate franchise/income tax based on the state income tax withheld on new, full-time employees.
For more information, click here.
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Ohio Investment in Training Program
This program provides financial assistance and technical resources for customized training involving employees of new and expanding businesses.
OITP provides up to 50 percent reimbursement to fund instructional costs, materials and training related activities. There is an emphasis on manufacturing and selected employment sectors that have significant training and capital investment related to creating and retaining jobs.
For more information, click here.
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| To speak with someone from the City regarding incentive programs that might work for your business, email Gregg Gorsuch, Economic Development Manager at: gregg.gorsuch@ketteringoh.org
Mailing Address
Economic Development Department
City of Kettering
3600 Shroyer Road
Kettering, OH 45429
Phone Numbers
Phone (937) 296-3342
Fax (937) 296-2550
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