The Village of Cary is announcing the creation of a Local Business Relief Grant Program to assist sales tax-generating businesses that have been impacted due to COVID-19 mitigation measures. The Village will be providing grants of up to $20,000 to eligible businesses.
The Village’s Local Business Relief Grant Program is being primarily funded through a $500,000 grant award the Village received from the Illinois Department of Commerce and Economic Opportunity (DCEO). The Village of Cary will be providing an additional $100,000 for a total grant fund of up to $600,000.
“The COVID-19 mitigation measures have significantly impacted all of our lives and have taken a devastating toll on many of our local businesses,” stated Mayor Mark Kownick. “We are pleased to be awarded $500,000 from the DCEO to help our local businesses. We have and will continue to seek opportunities to support our local businesses during these challenging times,” Kownick continued.
Eligibility criteria and applications for the Local Business Relief Grant Program are immediately available here. The Village will begin accepting applications beginning on December 28. Applications will be reviewed and funds will be released to the approved businesses beginning the week of January 4, 2021.The program will be first-come, first-served. Applications will be accepted until all funds are dispersed or before the State’s deadline for the program of January 31, 2021.