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Fox River Grove board raises small-business grant to $15,000, sets two‑step payout
Village of Fox River Grove Board of Trustees · May 1, 2026
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Summary
The Village Board voted to increase its Business Capital Assistance Program maximum from $10,000 to $15,000 and to pay grants in two installments (half after three months of operation, half after six months) to help new downtown businesses sustain operations.
The Fox River Grove Village Board on March 21 approved changes to its Business Capital Assistance Program that raise the maximum grant from $10,000 to $15,000 and change the disbursement schedule to two installments.
Administrator Soderholm told the board the revisions were made at the board's direction to…
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