Business

Invest locally in our own Invest Local Ohio Fund!

The Invest Local Ohio Fund is a revolving loan fund that provides loans to small businesses – including underserved low- and moderate-income individuals and others who may find it otherwise difficult to find capital for expansion or small business development.

Anyone with a minimum of $1000 can now invest locally and know that 100% of their investment is going to support our local economy.  The fund returns 2% annually on investments for 3 years and 3% annually for investments left in the fund for 5 years.  This is well above the average money market fund that is invested in multinational corporations.  Even better, ECDI informs investors where their loans are made locally, affording the opportunity to shop or use services from those companies.

Interested in the Invest Local Ohio Fund? Contact Steve Fireman, General Counsel and President of the Economic and Community Development Institute. He can be reached at 216-912-5662 or email sfireman at ecdi.org.

Get a closer look at the people involved and their mission to help new and growing local small businesses. We can all be a part of this opportunity to grow our local economy!

Learn more about all the ways to invest locally.

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Support Our Local Economy CoalitionThink Columbus First is an initiative of: the Support Our Local Economy (SOLE) Coalition

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Reasons To Love Your Local Small Businesses:
  1. Supportive communities attract entrepreneurs who create local jobs
  2. They hire local people who know you & your unique needs
  3. They help give our communities personality and fun
  4. A 10% Shift from chain to local will create 5000 new jobs in Franklin County

Think Local

  • Consider adding more efficiency to your home or business. Visit Wattworks for indoor and outdoor LED lighting, IR heaters, solar power systems and more.
  • City Folks Farm Shop urban homesteading supplies in Columbus Central Ohio homesteaders and urban farmers can find supplies, classes and resources.
  • Shopping at Easton Town Center can be a local experience, when you visit Celebrate Local. The store features handmade and artisanal products from all over Ohio.

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