B2B Grant Update!

In This Issue:

Portal Opens 8/17/21 - State of IL $250mil B2B Grant Program
BEST session en Espanol! - 9/14/21
Save the Date! Hanover Park Business Mixer - 10/5/21
PPP Forgiveness Portal Now Open

Portal Opens TOMORROW for the State $250M Back to Business (B2B) Grant Program

Restaurants and taverns, hotels, arts businesses, organizations and businesses located within Disproportionately Impacted Areas (DIAs) - which includes Hanover Park, as defined in statute, will be prioritized.

DCEO and its grant administrator partner, Allies for Community Business (A4CB) will make awards on a rolling basis, according to these priorities. Information is online here. For a flyer in English, click here. For a flyer in Spanish, click here.

Application Portal opens TOMORROW August 18^th^- Documentation Needed:

Business owner ID (ITIN business owners eligible)
Business’s 2019 AND 2020 Federal tax returns
Two (2) business bank statements – one from the period April through December 2020, and most recent statement
Prepare for the application process early by learning about the information and documents required. The Application will also be available in: Spanish, Polish, Chinese, Hindi, and Arabic.
List of Frequently Asked Questions

For assistance: Contact a community navigator for one-on-one technical assistance. Many can assist in Spanish as well as additional languages. Here is a link for more information. The Small Business Development Centers (SBDCs), including Elgin Community College (ECC), College of DuPage (COD), and the Women's Business Development Center (WBDC) can also assist with one-on-one technical assistance.

Upcoming webinars to learn about Back to Business Program:

B2B Webinar: Tuesday 8/17 at 3PM, register here.
B2B Webinar: Thursday 8/19 at 11AM, register here.

Para mas informacion

Cómo establecer tu marca personal. Una discusión de marketing - 9/14/21

Estebezca su marca personal en beneficio de su negocio.

Únase a Miguel Paloma de 4thRight Marketing, en persona, en Hanover Park Village Hall el 14 de septiembre a las 11 AM. Esta clase gratuita será en español. Para registrarse, envíe un correo electrónico a ksjodin@hpil.org o llame al (630) 823-5780.

Also, the June 8, 2021 BEST session on Social Media Practices was Fantastic! Watch the recording on the Village You Tube Channel, here. Kendra Svendsen of Speak Creative in Nashville discusses 10 Social Media Best Practices for 2021.

Our quarterly BEST series is brought to you by the Village Economic Development Committee and our development partners: The Bartlett Area Chamber of Commerce, Northwest Hispanic Chamber of Commerce, Women's Business Development Center (WBDC), Schaumburg Township District Library, and the Poplar Creek Public Library.

Globe Fountain - Hanover Park Village Center

Ontarioville Plaza Synopsis

Save the Date - Business After Hours October 5, 2021

The Annual Bartlett Area Chamber of Commerce Business After Hours will be held outside in our Village Center!

With our popular February event cancelled due to the pandemic, we're planning a fall celebration in our new Village Center Plaza from 5-7pm.

Watch future issues of the Business Matters, and the Village Calendar, for details!

The Village of Hanover Park encourages all members of the community and the public to visit and enjoy the plaza, a great new addition to Hanover Park. To learn more, read here.

New SBA PPP Forgiveness Portal

The SBA has launched a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.

The portal is available only if the PPP loan is $150,000 or less and the lender is one of the 600 lending institutions of the lender list. The new "Forgiveness Platform" began accepting applications from borrowers on August 4th, 2021. Information on this new feature is online.

Borrowers that need assistance with forgiveness applications should call (877) 552-2692, Mon - Fri, 9 am - 9 pm CST.

Questions? Please Contact the Community & Economic Development Department

Shubhra Govind, AICP

Director of Community and Economic Development

Email

630-823-5781

Kathy Sjodin

Administrative Assistant

Email

630-823-5778

If you would like your business news included in a Business Matters newsletter, please contact Kathy Sjodin at (630) 823-5778, or ksjodin@hpil.org