Cook County Business Development Resources

COOK COUNTY/GRAND MARAIS

BUSINESS DEVELOPMENT GRANTS

Business Development Priorities

• Creates and/or Retains Living Wage Jobs

• Directly or Indirectly Increases the Tax Base

Funding Criteria

1. But-For Test

2. Redevelopment

3. Attraction of New Business

4. Highest and Best Use of Land

5. Needed Services

6. Unmet Housing Needs

7. Economic Feasibility

8. Job Creation

Find details in the Business and Housing Funding Policy

Download an Application for a Business Development Grant

COOK COUNTY REVOLVING

LOAN FUND

The purpose of the Cook County Revolving Loan Fund (RLF) is to promote economic development within Cook County by providing loans to businesses located, or to be located, within Cook County and to promote affordable housing for employees of those businesses, as necessary, for continued economic development within the County.

Loans made or provided by the County are intended to create and maintain permanent private sector jobs, expand the tax base and increase economic productivity; and/or create the inducement necessary to allow a project to proceed, and/or for employee housing if businesses cannot retain or attract employees because of a lack of affordable housing.

Loans made or provided by the County are intended to complement, not compete, with private lending institutions.

Guidelines

Application no Bank Participation

Application Bank Participation