The City of Lewistown & the Spoon River Partnership for Economic Development are now accepting applications for a second round of the Downstate Small Business Stabilization Program Grants through DCEO.
Second Round of Downstate Business Stabilization Program Application Submissions Now Open:
Small businesses in Fulton County who have been negatively impacted by the COVID-19 crisis may be eligible to apply for a grant of up to $25,000 through Illinois’ Downstate Business Stabilization Program. The program is aimed at businesses with 50 or less employees that have been in operation, with the current ownership, since at least January 1, 2017. Businesses located in Lewistown have until 5 p.m. on Thursday, May 7th to submit their completed applications.
You can reach out to the me at any time and I will be happy to help you through any questions you have during the application process. Please call directly if you do not have access to email but are still interested in applying and we will work out a way to get you a hard copy of the application.
Please submit completed applications to Cole McDaniel, Executive Director of the Spoon River Partnership for Economic Development via email to [email protected]
Attached you will find for your review the most recent Downstate Small Business Stabilization Program Guidebook, a document that explains which business are eligible and ineligible, and also the word document application to fill in directly on your devices.
The first deadline for these applications was April 14th, because there are several additional pieces of information that need to be gathered and public hearings that need to be held by the units of local government. The second round of applications are due by Thursday, May 7th. We are continuing to set tight deadline because these grant funds are first come first serve, and we want to give business owners the best opportunity possible for these grant awards before the funding runs out at the State level.