$1 million state loan to Warren County company

Business
By Lawrence Budd
Nov 14, 2014
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The Ohio Third Frontier Commission approved $43.52 million to support start-ups and advance entrepreneurship across the state, including a $1 million loan to a Warren County company.

To-Scale Software, LLC, in Mason, was awarded a $1 million loan to develop a cloud-based software application for the construction industry. The Cloud Takeoff solution allows subcontractors, suppliers and project teams to collaborate on cost estimates, work plans and discuss specific issues in real time, according to a press release issued Friday.

The funding came through the commission’s Commercial Acceleration Loan Fund. The fund bridges the gap between an entrepreneur’s need for capital and the traditional sources of financing primarily reserved for established businesses.

For information, call 614-466-3887.

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Lawrence Budd is a staff writer who covers Warren County for the Dayton Daily News. He has been with the newspaper for more than 20 years.