Economic Development

  1. Paycheck Protection Program offering small business loans

    Businesses with fewer than 500 employees are eligible for assistance to keep employees on their payroll through the end of June through the Paycheck Protection Program. Read on...
  2. Small businesses must apply for CARES Act grants ASAP

    Small businesses impacted by COVID-19 and hoping to receive a grant through the newly passed CARES Act must apply for an SBA Disaster Loan ASAP because only a limited number of applicants will be able to get the new grants. Find out how to apply. Read on...
  3. Businesses: Our Economic Development Department is here to help

    There are many resources available to help businesses stay afloat during the COVID-19 pandemic and the City of Westlake's Department of Economic Development is committed to helping business owners and individuals find out which apply to them. Read on...
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How Can We Help?

Help For Businesses During COVID-19 Situation

Governor Mike DeWine has announced that only essential businesses should remain operational and should be staffed only by essential personnel and employees whom can work from home during the COVID-19 containment effort. This guidance, which can be found HERE, and the governor’s Stay-At-Home Order, carry major implications for employers in Westlake and across the country, as well as their employees. 


Fortunately, numerous public and private organizations are working to provide aid in the form of tax relief, low income loans and suspended insurance payment plans. Below is a list of resources available to businesses during this difficult time. We will have more updates and useful links as they become available: 


U.S. Small Business Administration’s (SBA) Disaster Loan Assistance:

  • Offering up to $2 million in low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of COVID-19.
  • www.SBA.gov

U.S Chamber of Commerce:

  • Working closely with the White House, US government agencies and foreign governments to inform and equip businesses with important information
  • www.uschamber.com

IRS Coronavirus Tax Relief:

  • The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by COVID-19. 
  • Payment Deadline extended to July 15, 2020
  • www.irs.gov

ODJFS COVID-19 and Unemployment Insurance:

  • The Ohio Jobs & Family Services has created a page to answer questions about COVID-19 and Unemployment Insurance Benefits.
  • www.jfs.ohio.gov

Economic & Community Development Institute Loan Program:

Utilities & Service Providers:

Workforce Training Resources:

From the Governor’s Office:

Find more COVID-19 resources HERE.


About Us

The Economic Development Department coordinates activities for the attraction and retention of businesses.

Responsibilities

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Tour Westlake Videos


The City of Westlake is continuing to partner with CGI Communications to highlight what the city offers to our residents, visitors and corporate community through 7 short videos. 
View TourBook
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Demographics

Demographic information according to the 2010 United States Census Bureau

Taxes


City of Westlake tax rates are one of the lowest in Cuyahoga County.  The chart below shows a comparison of real property tax rates for select cities.  Our municipal Income Tax Rate is only 1.5%.
Comparative Tax Rates (PDF)