Small business

  What can Wall Street learn from thriving small businesses on Main Street, and how do these businesses evolve successfully from their start-up roots? Those questions inspired three economists, Paul Oyer, Michael Mazzeo and Scott Schaefer, to take a road trip across America's heartland.

  The entrepreneurial spirit is alive and well in Greater Cincinnati. Our region's economic climate and support networks are becoming more favorable each year to those looking to take the chance and start their own business. But it's still a risky proposition, and no one should start a company without doing their homework.

Provided, Bad Girl Ventures
Holly Yurchison / WVXU

East-Side Chambers of Commerce are praising Ohio's efforts in making the state a more business friendly place.

Matt Van Sant, President of the Clermont County Chamber, says he's in the economic development business, creating jobs and stimulating the private sector to invest. He was happy to hear Governor Kasich's message that lower taxes seem to be turning what used to be a bad business climate around.

The City of Cincinnati is giving $400,000 to a program that will help small businesses get loans they need to operate or expand.

The funding is going to an organization called SoMoLend. Founder and CEO Candace Klein said it’s a web-based platform.

"SoMoLend connects business borrowers seeking ways to fund their businesses with investors looking to make a return on investment," Klein said in a press release.

City economic development officials say SoMoLend is another item in the city’s tool box to help small business and create jobs in the city.