Westmont, IllinoiDate Issued: July 2, 2020
At the June 29 board meeting, the Village of Westmont approved a new Westmont Retail Business Grant Program to assist Westmont businesses that have struggled during the COVID-19 quarantine.
“We wanted to try and do something that would help our Westmont businesses,” said Trustee Steve Nero, who helped initiate the grant program. “If this grant program helps our local businesses during this difficult time, then it will be well worth the effort.”
The grant program, which is expected to launch on Tuesday, July 7 at 9 a.m., has earmarked $50,000 to provide funds to eligible Westmont businesses that have suffered economic hardship during the COVID-19 pandemic. Awarded grant funds will pay up to 50% of municipal sales tax allocated from the business up to a maximum award of $2,000 per eligible sales tax location. Any funds not applied for by August 31, 2020 may be reallocated.
Details for the Grant Program and the application will be posted on the Westmont Economic Development Partnership website. For more information, contact the Village at firstname.lastname@example.org.