The City of Highland Park (City) has announced the Business Recovery Grant Program to assist eligible businesses in recovering costs related to the impact of the Fourth of July Parade shooting and subsequent investigation.
Donor Name: City of Highland Park
State: Illinois
City: Highland Park
Type of Grant: Grant
Deadline (mm/dd/yyyy): 08/19/2022
Details:
The purpose of the Business Recovery Grant (BRG) program is to provide funding to offset a portion of lost revenue due to directly impacted business closure from the incident during the dates July 4 through July 10.
Eligibility Criteria
- The business must be either (a) a retail store, for which the primary or secondary use is the retail sale of goods or merchandise, (b) a dine-in or carry-out restaurant, or (c) a service business.
- The business must have been closed during the period July 4-10, must be located within the City Central Business District (CBD) perimeter which was closed July 4-10 due to the July 4th parade incident, and be included on the City’s list of businesses in the July 4-10 closed perimeter. Eligible businesses will be contacted by the City’s Business Development Office.
- The business must certify that they agree to pay or have paid wages to their employees for scheduled work hours during the dates of July 4 through July 10 up to the value of the grant.
- The business must certify that it was 100% closed for business both physically and virtually, and did not conduct potential or actual revenue-generating business during the period July 4-10 by any means such as at an alternative physical location or by a virtual workplace via a private network; the internet; by phone; a telecommunications application; a video communications platform for meetings, chat, phone, webinars,
and online events; cloud computing programs; or other virtual options. - The business must certify that BRG program funds cannot be duplicated by other sources such as insurance, donations, or other grants and that the business did not or will not receive recovery funds from other sources:
- greater than 25% of lost revenue, estimated by the City using the most recently available last three months of sales data for restaurants; or
- greater than 50% of lost revenue, estimated by the City using the most recently available last three months of sales data for retailers; or
- greater than 50% of lost revenue, estimated by the City using the most recently available last three months of sales data for services businesses.
- The business must be current in the payment of all City business-related taxes and fees
For more information, visit City of Highland Park.
