Greg Hart, DuPage County Board Member District 3 discusses program to support DuPage County small businesses and independent contractors impacted by COVID-19.

DuPage County Small Business Relief Grant Program Available

To assist small businesses and independent contractors impacted by COVID-19, DuPage County in conjunction with Choose DuPage is providing grants to use for employee retention payroll, utilities, and rent.

 

According to DuPage County Board Member Greg Hart, small businesses with fewer than 15 full-time employees and less than $1.5 million in annual gross revenue may apply for a grant up to $15,000. Independent contractors with more than 50% of their annual gross income coming from 1099 work and an annual gross 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.

 

“The first tranche launched May 12 with over 1000 application submitted in a matter of a week which is incredible and speaks to the need for a program like this,” said Hart, who represents District 3 communities in the southeastern portion of DuPage County, including Hinsdale, Clarendon Hills, Burr Ridge, Westmont and parts of Naperville and Bolingbrook. Another round of funding is expected in mid-June.

__________________________________________________

“We have small businesses here in DuPage, as well as in the country,

who are the backbone of our economy and we wanted to make sure those business owners have an opportunity to get the support they need to continue operations.” 

                                 - Greg Hart, DuPage County Board Member

_________________________________________________

 

Hart said the county recognized a demand beyond the dollars coming through from the Paycheck Protection Program. “We have small businesses here in DuPage, as well as in the country, who are the backbone of our economy and we wanted to make sure those business owners have an opportunity to get the support they need to continue operations.” 

 

Hart said Reinvest DuPage wanted to allot a portion of the $170,000,000 federal CARES Act money allocated to DuPage as forgivable grants to DuPage-based businesses. “We understand businesses might need multiple sources of funding but we want to make sure that we’re helping as many people as possible. We want to give the first option to people and businesses that have not received any level of support,” Hart concluded.

 

The initial round of small business investment of seven million will likely be the first of additional rounds as more applications come in. The federal government determines the county CARES Act allotment based on its population and needs in response to the Covid-19 pandemic.

For more information or to apply, visit www.ChooseDuPage.com/reinvest-dupage

___________________________________________________________________

TO FIND OUT IF YOU QUALIFY, ANSWER THESE QUESTIONS:

  • Are you a business or 1099 independent contractor located in DuPage County, Illinois?
  • Were you in business as of February 15, 2020?
  • Has your business been affected by COVID-19, making this grant request necessary to support your ongoing operations?
  • If you are a small business, do you have less than 15 full-time employees, and less than $1.5 million in gross annual revenue?
  • If you are a 1099 independent contractor, does at least 50% of your gross income come from 1099 work, and is your annual gross income less than $100,000? 

If you answered YES to all of the above, you could be eligible to receive a grant from this program. 

Note: you are not eligible if you have received other funds intended for this purpose

(i.e. PPP, EIDL).

___________________________________________________________

 

Views: 38

Comment

You need to be a member of Hinsdale Magazine to add comments!

Join Hinsdale Magazine

FLASHBACK TO 2011 2,500+ PHOTOS

REAL ESTATE PREVIEWS

20 Tartan Ridge Rd, Burr Ridge

______________

132 Ashton Drive

Burr Ridge

_____________

52 Baybrook Lane

Oak Brook

_____________

HINSDALE MAGAZINE

Home & Design

__________

Whether you’re thinking about a bathroom update, kitchen overhaul or any other type of home improvement project, these tips from the experts at the National Association of the Remodeling Industry and eLivingtoday.com can help you get started.

Create a Plan
Improving your home can be one of the most exciting projects to undertake. Start by setting realistic expectations, determining your goals and needs, finding inspiration and, perhaps most importantly, setting a budget.

Renovate the Bathroom
You can improve your home’s usability and increase its value with bathroom updates or a full renovation. Before you get started, think about these factors: the amount of space and storage you need, features that are important to you, sustainability concerns and accessibility considerations.

Update the Kitchen
The kitchen serves as command-central for most homes, and you can get the most enjoyment out of yours by making purposeful changes, reconsidering the physical space, re-evaluating your shopping style and choosing appliances with care.

Start a Remodel
If it’s time for a serious undertaking, a full-blown remodel may be necessary (or simply desired). Remodeling typically calls for hiring a professional contractor, a process you can go about by gathering local recommendations, asking for licensing and insurance, checking references and comparing bids.

Find more home improvement ideas and solutions at remodelingdoneright.com and eLivingtoday.com.

SOURCE:
National Association of the Remodeling Industry


4 Steps to Spruce Up Outdoor Spaces

The combination of heat, precipitation and use can dull the appearance and function of different outdoor spaces like textiles, light fixtures, furniture, decks and more. Try these cleaning solutions to spruce up outdoor living areas and get them in shape for patio season. Find more cleaning tips and a limited-time discount code for a S1800 electric power washer at Briggsandstratton.com/OutdoorCleaning.

Hinsdale Magazine Sources Associated Press

LEAST BIASED

 

 

These sources have minimal bias and use very few loaded words (wording that attempts

to influence an audience by using appeal to emotion or stereotypes)

 The reporting is factual and usually sourced.  These are the most credible media sources. 

 

See all Least Biased Sources.

 

Overall, we rate the American Press Institute Least Biased based on neutral low biased research

and Very High for factual reporting due to being used as an information source by IFCN fact checkers.

 

 

Detailed Report

 

Factual Reporting: VERY HIGH
Country: USA
World Press Freedom Rank: USA 48/180

 

History

 

Founded in 1946, The American Press Institute (API) is an educational non-advocacy 501(c)(3) nonprofit organization affiliated with the News Media Alliance (formerly the Newspaper Association of America). According to their about page “The American Press Institute advances an innovative and sustainable news industry by helping publishers understand and engage audiences, grow revenue, improve public-service journalism, and succeed at organizational change.” The executive director is Tom Rosenstiel.

Read our profile on United States government and media.

 

 

Funded by / Ownership

 

The American Press Institute is a 501(c)(3) nonprofit organization that receives funding from several sources, including philanthropic foundations. The following organizations have funded API: Craig Newmark PhilanthropiesDemocracy FundKnight Foundation and Bill and Melinda Gates Foundation. A complete list of funding sources can be found here.

 

Analysis / Bias

 

In review, The American Press Institute provides news and research on how to produce the best journalism such as this: 7 characteristics of effective accountability journalists and this Americans and the News Media: What they do — and don’t — understand about each other. In general, API achieves exactly what they describe as their mission with minimal bias.

factual search reveals they have never failed a fact check. In fact, API is used by IFCN fact checkers as an information source.

 

Overall, we rate the American Press Institute Least Biased based on neutral low biased research and Very High for factual reporting due to being used as an information source by IFCN fact checkers. (D. Van Zandt 2/16/2019)

 

Source: https://www.americanpressinstitute.org

© 2020   Created by Hinsdale Magazine.   Powered by

Badges  |  Report an Issue  |  Terms of Service