- Home
- Businesses
- Businesses - Existing
- Economic Development Resources
- Small Business Resources
Small Business Resources
The Will County Tax Abatement Program can provide for a three, four, or five-year, 50% abatement for qualifying projects on new increment generated by new or expanded facilities. The property tax abatement process begins with submitting the abatement application to the Will County Center for Economic Development, and the review and approval process generally takes 60 days. Each individual taxing body is required to approve the request to abate their portion of the real estate taxes.
Business Grants for Employee Training Program
Incumbent worker training grants are available through the Workforce Investment Board of Will County. Companies with Will County sites in healthcare, manufacturing, professional/financial/information technology services, and transportation/distribution/logistics (TDL) industries are eligible to apply.
Applications and detailed information including anticipated costs/fees are available through Mary Gajcak at mgajcak@willcountyillinois.com or 815-727-5679.
Illinois Department of Economic Opportunity (DCEO): Visit the Illinois DCEO site for grant opportunities, energy assistance, and access to capital.
IDOT Economic Development Program (EDP): The purpose of the EDP 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. Funding will include preliminary engineering, construction, construction engineering and contingencies.
Illinois Finance Authority ("IFA") Bond and Loan Programs: The IFA has lower-interest rate financing programs are aimed at helping Illinois-based businesses and industries thrive and to support economic development and employment opportunities across the State. Our business team can give you expert guidance in choosing the right program to assist with your fixed asset purchases and capital financing needs such as new equipment, upgrades, or expansion of your business. We also offer expertise in public-private partnerships and infrastructure financing.
U.S. Small Business Administration: The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S Virgin Islands and Guam.
New Lenox Library Business Resources
The New Lenox Library's webpage has a some great small business resources which you can find on the New Lenox Library Business Resources page.
If you own or manage a business in New Lenox, you can get a library card and utilize business resources from the New Lenox Library. You don't have to be a resident of the Village (even if we wish that you were). Any questions can be referred to 815-485-2605 or email Small Business Resources .
ComEd Energy Efficiency Program: Save energy and money by taking advantage of ComEd's programs and tools for your business. Representatives are standing by to assist with energy efficiency offerings.
- Nicor's Rebates for Commercial Customers: High-efficiency products use less energy and can save you money. Rebates for energy efficiency upgrades are available to all active commercial Nicor Gas customers.