Grants & Programs

The Elgin Economic Development Corporation, EDC, Grant Programs  
See the Grant Programs Flyer for more information. 

 


Job Creation Grant Program



Certain types of business investments, which result in the creation of new jobs, new income and provide for positive economic growth and economic stabilization are beneficial to the city as a whole. The Job Creation Grant provides money for new job creation for new businesses locating in Elgin or expansion of existing business. Each applicant’s project will be evaluated for potential grants on a case-by-case basis See the Job Creation Grant Guidelines and Application for more information. 

This grant will pay $2,500 for each new qualified full time
position created, with a maximum grant of 
$25,000 (10 jobs) 

Applicants can only be awarded the grant one time.


Main Street and Additional Assistance Programs

Main Street Program Area Incentives

– In addition to the Facade and Mega Grants, there are a number of additional programs available to assist businesses in the Main Street Program Area. These programs are listed below. See the Business Assistance Programs document for additional information. 

Additional Assistance Programs



Economic Development Programs – The City’s Economic Development Department provides assistance to both existing and new businesses. In concert with state and federal agencies, the City provides varying assistance packages on a case by case basis. Contact us for more information.