Small Business Assistance Grant Program

SUBMISSION DEADLINE: Until all funds have been exhausted and/or July 30, 2021, 5:00 PM.

The Village of Palatine CDBG-CV Small Business Assistance Grant Program provides grants up to $10,000 to assist small businesses located within the Village of Palatine in preventing, preparing for, and responding to the COVID-19 pandemic. The Village of Palatine is accepting applications from businesses that meet the following requirements:

  • Must have been continuously licensed with the Village and/or State since 2019;  20 or fewer Full-Time Employees (or FTE);
  • Must be a locally owned, for-profit business (if a franchised business, cannot have received Covid-19 related corporate financial assistance) and located within the Village of Palatine;
  • Demonstrate a revenue loss of 20% or more between the time period of April – November 2019 and April – November 2020;
  • Must have an active Business license;
  • Must have a minimum of one W-2 employee;
  • Must be in good standing with the Village of Palatine at the time of award;
  • Must not have a bankruptcy or foreclosure within the last six months;
  • Must submit the application and all required supporting documentation; and
  • Must disclose if they have received capital through alternative sources (e.g. Economic Injury Disaster Loan (EIDL) or Payroll Protection Program (PPP) Loan) at the time of application submittal.


  • Applications will be accepted in order of completion. The date and time of application submittal will be used to determine the order of completion.
  • Priority will be given to direct Covid-19 related costs before considering operating expenses;
  • An individual grant amount cannot exceed $10,000, subject to the following:
    100% reimbursement for direct Covid-19 related expenses (PPE, workspace and/or equipment modifications, etc.)
  • 50% reimbursement for operating costs (not including payroll). Grant funding will be capped at $5,000 for these types of costs.


  • Any direct expenses that are not directly related to the prevention of, preparation for, or response to the Coronavirus;
  • Supplanting or substituting expenses currently paid for by other sources;
    Purchase of equipment, specifically for construction, unless it is specifically related in response to COVID-19.
  • Applicants will be required to provide documentation detailing the expenses for which the applicant is seeking reimbursement. Applicants will be required to enter into a CDBG-CV3 Grant Agreement with the Village to comply with HUD CDBG program regulations. A sample of the CDBG-CV3 Grant Agreement can be viewed at the link below.
  • Applications are to be submitted on-line using the on-line button at the link below.
  • Applications will be processed, and grant awards will be issued on a first-come, first-served basis until the $124,000 Village of Palatine CDBG-CV3 funds that have been allocated to this program are exhausted.

The following documents will be needed to be uploaded in the online application to complete and submit:

Use of Grant Form (PDF File Link)

Documentation of other CARES ACT Funds received (PDF File Link)

Applicant Certification (PDF File Link)

Palatine CDBG Small Business Grant Application (PDF Link)

Online Application Form:

  • The online application cannot be saved to continue at another time. Once you start you must finish.
  • We strongly recommend you download a copy of the PDF application and have the requested attachments, completed and ready to attach before you begin the online application.
  • Fill out the form completely. If you are missing the required information the application will be unable to submit/send. “*” is an indication of required fields within the application

Online applications are available through an easy-to-use secure platform! 

For assistance please call  847-701-4705 or email our Community Support Specialist, Schoen Aldrich at [email protected]