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Lisle trustees outline objectives for redesigned business grant program
Summary
Trustees discussed goals for a revised business grant program — including diversification, area-targeting, retention, incubators and reviewing funding sources — and asked staff to return with proposal options by late July or early August.
The Village of Lisle Committee of the Whole spent the bulk of its June 2 meeting defining objectives for a potential redesign of the village’s business grant program, focusing on geographic targeting, economic diversification and options for grant size and funding source.
Mayor Mullin summarized trustees’ priorities and told staff he would consolidate the board’s input. “For me, one of the top priorities is that diversification to be more resilient in economic times,” the mayor said, adding that the board wants to support business retention, help businesses “get to the next level,” and explore incubator concepts to lower startup barriers for micro…
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