Question 1

Reporting: what does JobsOhio Economic Development Grant require?

Accepted Answer

Submit an annual status report by March 1 each year detailing progress toward metric commitments and milestones achieved during the prior calendar year. Deadline: March 1 each year (regardless of day of week). Disallowed-cost risk: Failure to submit on time may result in loss of eligibility for JobsOhio funds or services, repayment of disbursed funds, or increased interest rates on JobsOhio loans..

Question 2

Financial & Cost Eligibility: what does JobsOhio Economic Development Grant require?

Accepted Answer

Do not use grant funds to retire or service bonds or other debt instruments issued by the grantee to finance site improvement projects. Deadline: Applies to all uses of awarded grant funds throughout the performance period.. Disallowed-cost risk: Any expenditure of grant funds to retire or service debt instruments will be disallowed and subject to clawback..

Question 3

Financial & Cost Eligibility: what does JobsOhio Economic Development Grant require?

Accepted Answer

Do not use grant funds for administrative costs including salaries, travel expenses, or fines, penalties, or assessments resulting from violation of federal, state, or local laws. Deadline: Applies throughout the performance period; ineligibility is absolute for these cost categories.. Disallowed-cost risk: Any administrative costs, rolling stock, donations, or costs arising from legal non-compliance will be disallowed and subject to repayment..

Question 4

Ongoing Eligibility: what does JobsOhio Economic Development Grant require?

Accepted Answer

Maintain progress toward and ultimately meet all metric commitments outlined in your grant agreement, including job creation, payroll, and fixed-asset investment targets. Deadline: Measured at Metric Evaluation Date (varies by grant agreement) and reported annually by March 1.. Disallowed-cost risk: Failure to meet metric commitments may result in disallowance of entire grant or requirement to repay some or all disbursed funds..

Question 5

Financial & Cost Eligibility: what does JobsOhio Economic Development Grant require?

Accepted Answer

Submit reimbursement requests with supporting documentation and metric updates before your Metric Evaluation Date, or funds will expire. Deadline: Reimbursement requests may be submitted any time after agreement signing, but must be submitted before the Metric Evaluation Date listed in the grant agreement.. Disallowed-cost risk: If reimbursement requests are not submitted timely, funds available to the awardee will expire and be lost..

Question 6

Recordkeeping: what does JobsOhio Economic Development Grant require?

Accepted Answer

Maintain and provide supporting documentation for all reimbursement requests, including invoices, receipts, payroll records, and evidence of metric achievement. Deadline: Documentation must be available and submitted with each reimbursement request; retained for program evaluation and audit.. Disallowed-cost risk: Unsupported or incomplete documentation may result in denial of reimbursement requests or disallowance of claimed costs..

JobsOhio Economic Development Grant: Compliance Requirements

⚠ Common Disallowed-Cost Pitfalls

Reporting

Financial & Cost Eligibility

Recordkeeping

Ongoing Eligibility

Track this award. Never miss a deadline.