City of Naperville offers $100,000 to small businesses under Business Assistance Grant program

City of Naperville offers 0,000 to small businesses under Business Assistance Grant program

The small businesses in the City of Naperville have been affected negatively by the coronavirus pandemic. The City of Naperville has made a total of $100,000 available to help those businesses under the Small Business Assistance Grant program. The Naperville Development Partnership and Naperville Area Chamber of Commerce are the collaborators of the City in this program.

The qualifying businesses will be able to get up to $5000 in grants. They will be able to spend this money on paying mortgage or rent costs, payroll, modification of buildings, or buying personal protective equipment to ensure their compliance with the health department’s guidelines. Steve Chirico, the mayor of the City of Naperville, said, “The City of Naperville has found ways to help small businesses throughout the pandemic.”

To help smalls businesses, the City of Naperville implemented a moratorium on utility shutoffs and granted a six-month reprieve on liquor license renewals. Chirico added that this grant program was another effort of the City to help small businesses stay afloat during a challenging time. He emphasized that small businesses in the City needed support.

The eligibility criteria for this grant program has been issued by the City. The businesses having 50 or fewer employees located within the limits of the City of Naperville are eligible for this grant. They should have an annual income of less than $2 million in 2019. They also have to provide evidence of the negative impact of the coronavirus on them.

The City will choose the recipients of the grants by using a lottery system. This Grant program is funded by the Coronavirus Aid, Relief and Economic Security Act (CARES).

Related Posts
Enjoy Halloween – But Safety First
This year, Halloween falls on Monday, Oct. 31, which means it’s time for residents to
National Coffee with a Cop Day in Naperville: Everyone Invited on Oct. 5
Citizens are invited to enjoy coffee and conversation with members of the Naperville Police Department
Future Pavilion at Knoch Knolls Park to be Named the Frank J. Rus Pavilion
At its July 28, 2022 meeting, the Naperville Park District Board of Commissioners approved a
Summer Slam All-City Tennis Tournament Winners Announced
On Friday, July 22, Naperville Park District hosted the Summer Slam All-City Tennis Tournament at
City of Naperville Announces Jason Arres as Next Police Chief
The City of Naperville is pleased to announce that Jason Arres, who currently serves as
Summer Slam All-City Tennis Tournament Set for July 23
Tennis players of all ages are invited to participate in Naperville Park District’s Summer Slam
Naperville Park District Announces July 4th Weekend Hours of Operations
Naperville Park District announces its operating hours for various facilities over 4th of July weekend. At
City Manager Appoints Interim Chief of Police
Hiring process for next chief will include a national search and panel interviews Naperville City
Bond Set at $1 Million for Plainfield Man Charged in Naperville Shooting
(The following is a joint press release with the DuPage County State's Attorney's Office) DuPage
Naperville June 20 Tornado Damage Report – 5 p.m. June 21 Updated
City response efforts in the area hit by last night’s confirmed tornado will continue into