Roselle businesses are now eligible to apply for grant funding up to $10,000 through a new program that the Village Board recently authorized. The grant program uses American Rescue Plan Act (ARPA) funds to assist businesses recovering from the COVID-19 pandemic with grants in two categories: COVID-19 Business Reimbursement Grants and Business Resiliency Grants. Both grants offer a maximum of $10,000 of funding, subject to 50-50 cost sharing, for approved projects. Grant applications are now available through a new grant management platform on the Village’s website.
The COVID-19 Business Reimbursement Grant is intended to provide reimbursement to businesses or property owners, that have not yet received assistance from other programs, for funds already spent to maintain business activity during the challenges of the COVID-19 pandemic. A variety of expenses have been identified to demonstrate grant-eligible opportunities.
The Business Resiliency Grant is intended to provide funding for projects and initiatives that would minimize economic loss and limit business operation in the future. This grant is similar, but not identical to the COVID-19 Reimbursement Grant. It is oriented toward future projects and places a greater emphasis upon permanent solutions.
Program information and rules can be reviewed through the links below.
A pre-application meeting is required to discuss eligible project expenses. Please email Economic Development Analyst Matthew Galloway at mgalloway@roselle.il.us to schedule a meeting before starting a grant application.
