Numerous options exist for existing and prospective business owners seeking information, loans and grants. The Village provides this document as a resource only. It is updated from time to time, but some information may be outdated. Additional information should be requested directly from the organizations listed.
IL Department of Commerce & Economic Opportunity
Various funding & incentive programs for companies of all sizes and types
IL Finance Authority
Low-interest financing, Industrial Revenue Bonds and Participation Loans
International Trade Loan Program (through the US Small Business Administration)
Loans to support small business hit by import competition & to finance exports
Energy Saving Programs
ComEd & Nicor offer various grants, rebates & incentives for companies implementing energy efficiency equipment and processes
Lake County Partners
Lake County’s economic development arm that offers education, SBA loans and Industrial Revenue Bonds
US Small Business Administration
Offers a variety of loans and education tool
A number of federal agencies offer financial education tools, a summary of which is provided at this website
Illinois Small Business Development Center
Operated locally by the College of Lake County (Grayslake campus), the Center assists in starting and operating small business ventures
Lake Villa|Lindenhurst| Round Lake Area Chamber of Commerce
Promotes the entire Round Lake area, assists in making your business more visible, and provides a helpful information source on all things local.
BE AWARE OF SCAMS
Protect yourself against financial scams by working only with reputable organizations. All of the above resources are nonprofit or government-based. The US Small Business Administration routinely carries information about current scams.