Avon Lake Community Improvement Corporation

The Avon Lake Community Improvement Corporation (CIC) is a 501(c)(3) non-profit organization. The mission of the organization is to provide funding and advisory services to the citizens and businesses of Avon Lake, Ohio in an effort to advance and promote economic growth for the betterment of the community.

Current Programs

Avon Lake Revolving Microenterprise Loan Fund:

The Avon Lake CIC partners with the Economic and Community Development Institute (ECDI) to administer the “Avon Lake Revolving Microenterprise Loan Fund”
The program offers loans in the range of $5,000 - $50,000 to qualified local businesses to support growth initiatives
ECDI provides educational services to businesses that receive loans to help them succeed

Eligibility:

Avon Lake “For Profit” businesses
Businesses that have been refused a loan by at least one bank or other financial institution

Intended Use of Funds:

Grant funds are intended to help existing business expand (e.g. fund the purchase of equipment or supplies, fund other growth initiatives)

Begin the Microenterprise Loan application process.

Please direct questions to:

Aurora Petroff, ECDI

Direct: (216) 912-5655

Fax: (216) 912-5674

apetroff@ecdi.org

Avon Lake Community Improvement Corporation

377B Lear Road, Suite 195

Avon Lake, Ohio 44012

avonlakecic@gmail.com

Avon Lake Small Grant Program:

Up to 10 grants in the amount of $2,500 each will be awarded throughout the year to eligible Avon Lake businesses and start-ups
Applications will be received throughout the year on a rolling basis with no more than three (3) grants awarded within any given calendar quarter

Eligibility: