Applications are Now Available for Round 2 BIG funds

"How-to" Webinars start on September 23, 2020

In this Issue:

Applications now available - Round 2, State
Business Interruption Grants (BIG)

New Assistance - Cook County Recovery Program

Register for the Village of Hanover Park's
5th Annual Small Business Forum

Time is Running out to apply for the
Village Small Business Assistance Program

Round 2 BIG Program

BIG Applications Now Available

The Business Interruption Grant (BIG) program is open to all eligible businesses (for profit and nonprofit) with $20 million or less in annual revenue for 2019 who have experienced losses due to COVID-19.

The grant size will be equivalent to two months of expenses. Accion and the Women’s Business Development Center (WBDC) will process the grants in this round which will range from $5,000 to $150,000, commensurate with revenue losses incurred and business size. The application portal for the second round of BIG is now open.

The second wave of funds includes a focus on businesses in disproportionately impacted areas (DIAs) - which includes Hanover Park. A map of DIAs can be accessed here.

DCEO will be hosting a series of webinars regarding this program. You can register for any of the webinars by using the links below:

ASSISTANCE: For assistance with your application, please submit a question via the following question submission form in either English or Spanish.

ROUND 2 APPLICATION DETAILS:

Cook County Covid 19 Recovery Small Business Assistance

Cook County Covid-19 Recovery Small Business Assistance

Need Help Getting Your Small Business Back on Its Feet? Cook County is taking new applications for assistance.

10,000 Recovery Grants for suburban Cook County small businesses that have experienced losses -- Check your eligibility and apply for grants.
Free One-on-one Business Advising - Register here for business advising.
A series of Free Group Webinars - Click here to register for Free group webinars and access the archives. Webinars will be hosted 2:00 - 4:00 PM on 9/24, 10/1, 10/8, 10/15, and 10/29. You can register for any of the weinbars by using the links below:

Information is at cookcountysmallbusinessassistance.com. Download a flyer here.

Apply for the grants now. Applications are accepted September 16 - October 6, 2020 (but be advised the application window is subject to change).

The Village is a member of the Next Level Northwest (NLNW) Business Acceleration Program. NLNW is participating in the County COVID-19 Recovery Small Business Assistance Program.

Join us for the 5th Annual Small Business Development Forum on October 14, 2020 - to be held "virtual."

Register here for the 5th Annual Small Business Forum

Cut & Dry - Open for Business!

Time is Running out to apply for the Village of Hanover Park's Small Business Covid-19 Assistance Program

Funding for the program ends in December.

Over 60 businesses are using the free "We're Open" signs, A-Frame Signs which the Village offered to small independent businesses that were impacted by the pandemic shut-down. An application is found online.

The Village Small Business Assistance Program includes small marketing grants to assist small businesses who need help creating an on-line presence with a basic website and social media tools. More information is online.

Questions? Please Contact the Community & Economic Development Department

SHUBHRA GOVIND, AICP

Director of Community and Economic Development

Email

630-823-5781

ELLEN WEBER

Village Planner

Email

630-823-5779

If you would like your business news included in a Business Matters newsletter, please contact Village Planner Ellen Weber at (630) 823-5779, or eweber@hpil.org