The Ohio Enterprise Bond Fund, rated AA - by Standard and Poor's, allows large and small credit worthy, but unrated businesses access to the national capital markets. Through the Ohio Enterprise Bond Fund, the Ohio Department of Development issues bonds, the proceeds of which are provided to businesses for eligible projects in the form of a loan.

The Ohio Enterprise Bond Fund was created to provide long-term, fixed-rate, one-stop project financing for qualifying businesses that create or retain jobs in the state of Ohio.