New and Expanding Manufacturers Wanted

The City of Crystal Lake provides matching grants of up to $10,000 to new and expanding manufacturers. This grant program is designed to facilitate job creation and to assist business owners in occupying vacant manufacturing space in the City. The City’s program awards grants to new manufacturers for hiring new employees and for offsetting the purchase of furniture, fixtures and equipment used in every-day operation. 

Machinery Sales Tax Exemption

Manufacturers looking to purchase new equipment can now qualify for a sales tax exemption certificate from the Illinois Department of Revenue. For the form and more information go to: ST-587 - Equipment Exemption Certificate (illinois.gov)

Refresh Your Business Façade with the Commercial Façade Improvement Program

The City of Crystal Lake recently approved a program to assist businesses with updating and improving their existing facades.

Open or Expand in Crystal Lake and Receive Up to $10,000 in Matching Grant Funds

The City of Crystal Lake’s recently approved program provides matching grants of up to $10,000 to new restaurants and retailers that are opening or expanding in Crystal Lake.

Improve Outdoor Seating Area and Receive up to $5,000 Reimbursement from the City

To support local restaurants and retailers, the City is offering new & existing businesses reimbursement of up to $5,000 & $10,000 for facade improvements. These eligible reimbursable items could be outdoor tables and chairs, umbrellas, weather enclosures and heating appliances.

The Economic Development Grant

The purpose of the grant is to provide state assistance for roadway improvements or new construction that are necessary for access to new or expanding industrial, manufacturing or distribution type companies.

• Grant funding program up to $2 million per project for new or expanding industrial, manufacturing or distribution type companies. 

• Reimburses up to 50% of eligible project costs on local roads and/or up to 100% of eligible projects on state roads. 

• Eligible projects must be on a public roadway, be sponsored by a local government agency, show a critical need for improved roadway access, be supported by a binding commitment from a business or company to create or retain full-time jobs in an existing or new facility.

• Ongoing open application period.

A Grant Offering Post-Pandemic Support for Manufacturers is Now Open for Application

The Advance McHenry County grant is now open for applicants and the county's investments in McHenry County manufacturers will not only help businesses recover, but also spur innovation for the post-pandemic economy. Don't miss your chance to claim one of these fully funded projects that will provide technical assistance and training solutions to help:

• Rebound and reinvent from the pandemic

• Reinvent to be more globally competitive

• Become more resilient to future economic and societal shocks.

Click Here for the Application: Advance McHenry County Grant Application - IMEC

Business Invest- Community Uplift Program

Business Invest is a business-focused loan impact investment program. Through Business Invest, the Treasurer’s Office partners with approved financial institutions to provide low-cost loans to businesses in underserved communities and enterprise zones.

Click here for more details on how to apply.