The Committee of 100
The Committee of 100 was founded in September of 2008 by Edward Jones broker Mike Remington of Coshocton. Mike recruited Chuck Hathaway of Hathaway Construction in Coshocton to serve as co-chair for the purpose of recruiting 100 individuals, businesses, and organizations who would contribute $100 a month to a Community Development Fund housed at the Coshocton Foundation.
The Committee was formed out of an extensive one-year planning effort coordinated by Buehler's Grocery in Coshocton, the Coshocton Port Authority, and the Chamber of Commerce, among others. The concept of the Committee of 100 involves a process that encourages each member to recruit 1-2 new members to attain the goal of 100 contributing members.
Members to date include: Mr. Remington, Mr. Hathaway, Mr. Bruce Wallace (owner of WTNS Radio in Coshocton), Rainbow Hills Winery (located north of West Lafayette), AUER Ace Hardware, Ohio Heritage Bank, the Kiwanis Club of Coshocton, and many others.
Businesses and entrepreneurs with an interest in applying for financial assistance from the fund should contact the Coshocton Port Authority. It is intended to be a unique and competitive incentive offering for private enterprise.
Contributions to the fund are considered to be tax deductible. Participants, however, are encouraged to consult with their accountants to determine the level of benefit that may be realized as the result of making contributions.
All proceeds are managed by the Coshocton Foundation and can only be released by its distribution committee and the Coshocton Port Authority's Board of Directors for the following purposes:
- Providing financial support for entrepreneurs and small businesses
- Acquisition of land and other site development costs associated with establishing or expanding a business or commerce park
- Providing lease subsidies or business develo-pment grants of up to $25,000 to private enterprises which will create jobs in Coshocton County
- Providing relocation assistance grants of up to $2,500 for Coshocton County high school graduates who return and create a new business
- To fulfill local match requirements for economic development activities supported by the state or federal government
Make a difference in your community today - sign up! Contact the Coshocton Port Authority at (740)622-7005, Mr. Remington at (740)623-8084, or Mr. Hathaway at (740)622-0863.
To join the Committee of 100, click here to download the application.
For more information on the Community Development Fund, click here.
For an application for financial assistance through the Community Development Fund, click here.