Will County recently began the third round of its CARES Act Small Business Grant Program for Will County businesses adversely impacted by the COVID-19 pandemic. To date, Will County has distributed nearly $21 million in grants to 1,447 local businesses. These grant funds are available to help businesses shore up their operations, rebuild their customer base and restore solvency.
All small businesses physically located in Will County able to demonstrate COVID-19 impact are encouraged to apply for these grants of as much as $10,000. The following criteria must be met to determine eligibility:
- Have not received a previous Will County Small Business Grant
- Annual revenues of less than $5 million in 2020
- Less than 50 full-time employees in 2020
- In operation since Feb. 15, 2020 or earlier
- Have proof of COVID-19 impact
- In good standing with the IRS, State of Illinois and Will County
- Not currently in bankruptcy