Trustees discuss innovative grant programs to support diverse business improvements

In a recent meeting of the Village of Lisle Committee of the Whole, discussions centered around innovative approaches to grant programs aimed at enhancing local businesses. The committee members expressed a desire to break away from traditional methods and explore new ideas that could better support both existing and potential businesses in the area.

Trustee Grau highlighted the importance of considering experiential businesses, which may not directly generate sales tax but can significantly benefit surrounding businesses. This perspective encourages a broader view of economic development, suggesting that the presence of diverse business types can create a more vibrant community and stimulate local economies.

Trustee Lesniak emphasized the need for a shift in mindset, advocating for a review of existing grant programs to ensure they are not merely replicating past models. He urged the committee to remain open to unconventional ideas that could lead to more effective solutions. This sentiment was echoed by other trustees, who stressed the importance of practicality while also encouraging creative thinking.

One specific suggestion that emerged was the potential for installing electric vehicle (EV) charging stations in shopping centers. This idea aims to attract more visitors to the area, thereby benefiting local restaurants and shops. However, concerns were raised about the return on investment and landlord interest in such improvements.

The committee also discussed the challenges faced in administering grant programs, particularly the complexity involved in creating packages for larger businesses. There was a consensus that simplifying the grant application process could enhance participation and effectiveness, especially for larger entities like Salerno's.

Overall, the meeting underscored a collective commitment to rethinking economic development strategies in Lisle. The trustees are poised to consider new grant initiatives that not only support traditional businesses but also foster a diverse and dynamic commercial landscape. As the committee moves forward, the focus will be on balancing innovative ideas with practical implementation to ensure the long-term success of the village's economic growth.