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**Ohio Department of Development Supports Small Business Growth**

**January 19, 2024 Press Release from the Ohio Department of Development: (COLUMBUS, Ohio) ÔÇö The Ohio Department of Development is on a mission to help aspiring entrepreneurs in Ohio turn their dreams of starting their own business into reality.**

The year 2024 brings new opportunities for Ohioans looking to pursue their dreams of starting their own business, and the Ohio Department of Development is leading the way in providing support and resources for small business owners. From expert counseling to financial backing, Development offers a wide range of services to help future small business owners navigate the process of launching their own companies.

**The Positive Impact of Small Businesses in Ohio**

Small businesses play a vital role in the success and economic health of communities in Ohio. The U.S. Small Business Administration has reported that Ohio has nearly 1 million small businesses, with nearly 10 percent of them being retailers. Development recognizes the significant economic impact of these businesses and is committed to offering various resources to support the success of OhioÔÇÖs small business community.

**Support and Resources for Small Business Owners**

The Ohio Department of Development offers a range of resources to support small business owners, including the following:

– **Business Assistance and Counseling**: The Small Business Development Centers (SBDCs) provide counseling and assistance to individuals who are starting or growing their businesses. This program has seen significant success, with over 11,000 clients served in 2023, and has assisted in the start of 397 new businesses.

– **Minority Business Development Division**: This division, in partnership with OhioÔÇÖs network of regional Minority Business Assistance Centers (MBACs), provides state certification assistance, technical professional assistance, access to capital, and bonding. More than $20 million in loans have been approved to support over 200 minority- and women-owned businesses.

– **Increasing Business Opportunities through State Certification**: MBACs help businesses become state-certified in various programs that aim to increase the number of qualified competitors in the marketplace. Over 4,000 essential business certifications have been approved through these programs.

– **Securing Government Contracts and Expanding Global Trade Efforts**: Development provides programs such as the Ohio APEX Accelerators Program and the Ohio Export Internship Program to help businesses compete for government contracts and expand their global trade efforts.

– **Opportunities for Manufacturers**: The Ohio Manufacturing Extension Partnership helps small and medium-sized manufacturers increase sales, create jobs, and generate cost savings through technological innovation, workforce training, and improved management practices.

**How AI legalese decoder Can Help with the Situation**

AI legalese decoder can aid small business owners in navigating the legal and regulatory aspects of starting and running a business, including understanding the terms and conditions of contracts, licensing, and compliance requirements. By utilizing AI legalese decoder, entrepreneurs can ensure that they are operating within the bounds of the law and have a clear understanding of their legal obligations. Additionally, the platform can provide valuable insights and guidance on legal matters, empowering small business owners to make informed decisions and protect their businesses from potential legal challenges.

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