Village Shares Impacted Business Relief Program Information

Press release from the Village of Algonquin:

The Village of Algonquin has applied for $350,000 in funding from Illinois Department of Commerce and Economic Opportunity (DCEO) to distribute to eligible businesses on a first-come first-serve basis as a one-time grant. Anticipated grant amounts will vary and are intended to be paid within the range of $5,000 to $15,000, proportional to the amount of documented losses. Village staff will review applications and award grant funds to eligible businesses that complete an application and submit required documentation.

Due to the ES Program requirements, businesses located in Kane County are not eligible for funding through Impacted Business Relief Program and must apply for relief funding through the Kane County Coronavirus Relief Fund.

1. Review the program guidelines and applications instructions:
   • Kane County Businesses:
     • Kane County Business Grant Program (Round Two)
   • McHenry County Businesses:
     • Algonquin Impacted Business Relief Program
2. Complete the required application materials:
   • Kane County Businesses:
     • Kane County Grant Application
   • McHenry County Businesses:
     • Village of Algonquin Grant Application
3. Submit completed applications by appropriate deadline:
   • Kane County Businesses:
     • No Deadline, however, businesses are encouraged to apply as soon as possible.
   • McHenry County Businesses:
     • December 4, 2020 (5:00PM), however, businesses are encouraged to apply as soon as possible.
     • Submit application materials by e-mail to timschloneger@algonquin.org.

Questions?

1. Kane County Businesses: Please contact the Kane County Office of Community Reinvestment at 630-762-2084 or CRF2@co.kane.il.us .
2. McHenry County Businesses: Please contact the Village Manager's Office (Matthew Bajor, Management Analyst) at 847-658-5534 or matthewbajor@algonquin.org.

***At this time, applications for the Algonquin Impacted Business Relief Program will only be considered in anticipation of funding received from DCEO through the ES Program.***

This press release was produced by the Village of Algonquin. The views expressed here are the author’s own.