The goal of the Hancock County Economic Development’s (HCED) Business Plan Grant Program is to foster business development in Hancock County, Illinois, through new business initiatives as well as business expansions.
Download the HCED Business Plan Grant Program Information Packet
Up to a total of $10,000 in grant funds may be awarded among one or more selected businesses in Hancock County, Illinois, that meet the specified Application criteria and provide adequate documentation to support the grant request.
The Grant Committee will meet periodically to review Applications and determine the eligibility of Applicants. The Grant Committee reserves the right to determine that no Applications satisfy the Application, and in that case, to not award any grants.
Grant funds will be given to the Recipient in the form of reimbursement and will be disbursed only after adequate documentation including, but not limited to, receipts are submitted.
The Recipient of any grant funds for a new or expanded business must open for business within six (6) months after receiving confirmation that applicant has been awarded the grant funds. If the business is not open within six (6) months of such notice, the Recipient shall forfeit the grant funds and hereby waives all claims to such grant funds.
All Applicants must read and review the Terms and Conditions form. To participate, Applicants must agree in writing to the rules, regulations, terms, and conditions. In addition, the Recipient must sign the Grant Accountability form.
For more information, contact Terry Pope at 217.440.8909 or [email protected].