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Romeoville Startup Grant

Romeoville Startup Grant

Village of Romeoville
LOCATION & INDUSTRIES
AMOUNT

Up to $5,000

OWNERSHIP REQUIREMENTS
DEADLINE

Rolling

ABOUT THE GRANT

The Romeoville Small Business Grant Program provides Romeoville, Illinois small businesses with grants of up to $5,000 to help offset startup and operating costs for businesses opening in a brick-and-mortar location within the village. Administered by the Village of Romeoville, the program was recently approved by the Village Board and is designed to make it easier for aspiring entrepreneurs to launch and grow their businesses in Romeoville's commercial spaces. In addition to the direct grant, the program also provides fee waivers for business license fees, inspection fees, and building permit fees associated with tenant buildouts, effectively lowering the total cost of opening a new location.

Grant funds may be used for a range of eligible business expenses, including startup costs, planning expenses, general operating expenses, equipment and inventory purchases, and other similar business needs.

To qualify, applicants must operate a business with a physical location in a commercial building within Romeoville, generate no more than $1 million in annual revenue, and employ five or fewer people.

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NOTES

We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.

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