In This Issue:

Both DuPage and Cook Counties, and the Federal Reserve are launching new COVID-19 related business assistance programs.  This Business Matters includes information on how to learn about each program, how to stay current on the issues, and workplace safety products available from a Hanover Park company. 

The Village of Hanover Park continues to serve our residents and the business community as we all work together to help and support each other through the challenges of the COVID-19 outbreak.

New Grant program for DuPage County small businesses:
Reinvest DuPage grant info webinar: 11 am, Friday, May 15, 2020

DuPage County is launching Reinvest DuPage, a new grant relief program, developed in partnership with Choose DuPage for small businesses and independent contractors.  

DuPage County will fund this initial program with $7 million (in monies received under the federal CARES Act) for the program, which will provide grants to sustain some businesses impacted by COVID-19, that have not received PPP or EIDL funds. These grants can be used for employee retention payroll, utilities, and rent.  The online-only application portal is expected to launch at 9 a.m. May 18.  

Criteria to apply for the grant include:

• Small businesses, physically located in DuPage County, with fewer than 15 full-time employees and less than $1.5 million in annual revenue may apply for a grant up to $15,000.

• Independent contractors with more than 50% of their annual income coming from 1099 work, and an annual income of less than $100,000 may apply for a grant up to $7,500.

• Businesses and contractors that have received other funds intended for this purpose (i.e. PPP, EIDL) are not eligible.
  
  

Choose DuPage will hold a webinar at 11 a.m. on May 15 to discuss the program with DuPage businesses. Registration for the webinar can be found here.  Additional information on COVID-19 assistance may be found on the Choose DuPage webinar and resource page.

Cook County Community Recovery Fund

Program details are being finalized for the Cook County Community Recovery Fund to provide rapid-relief loans for small businesses, gig workers, and independent contractors.

This loan fund will offer one-time, zero-interest loans of up to $20,000 for small businesses and $10,000 for independent contractors in suburban Cook County. Loans will be administered by the Chicago Community Loan Fund and provided by a network of community lenders. 

Frequently Asked Questions - English and Spanish

Program details are being finalized. To learn more and to be the first to know when the application period opens, please complete this form.

Getting Back to Work

Shop Local for your hygiene barriers, social distancing graphics, and other products.
 

ER2 Image Group, located here in Hanover Park, is offering a full line of products.

Seeking News of Local Heros

Do you know of a Hanover Park business or resident who has stepped up to help during the COVID-19 pandemic?

Email us at communitydevelopment@hpil.org.  We’d love to hear about it!

And, a reminder - Up-to-date info for businesses and our residents is posted daily on the Village Website

Thank you for supporting Hanover Park restaurants and local businesses.

This interactive map identifies Hanover Park restaurants and food providers offering specific modified services such as in-store pickup, curbside pickup, and delivery plus some restaurants may temporarily sell alcohol for take-out when purchase with food and sold in the original packaging.