This Downtown Elgin Small Business Covid-19 Adaptation Grant Fund was created by the Downtown Neighborhood Association of Elgin to help local small businesses make necessary changes to adapt to current challenges and a post Covid-19 realty.
Experts stress the importance of well implemented technology tools and systems such as an interactive website, ecommerce platforms, and minimal contact customer service options for businesses to effectively operate during and post Covid-19. However, a nationwide small business survey reported that up to 60% of small businesses do not currently have a website. With months of stay-at-home orders and lost revenues due to Covid-19, it has become even more difficult for businesses to make these necessary investments and upgrades to continue doing businesses effectively or to re-open when allowed to do so.
This fund will help small businesses overcome this barrier. Additional donors are encouraged to donate to this important fund to help make a lasting postiive impact on small businesses in Downtown Elgin.
The DNA organization was fortunate to receive $3,175 in donations during the “Giving Tuesday Now” campaign held in early May 2020. Those funds were used to launch the Small Business Covid-19 Adaptation Grant. DNA allocated an additional $10,000 from their general operating fund which was matched by the City of Elgin. Additional funding is currently being sourced from local businesses and personal donors. Individuals, businesses or philanthropic organizations interested in contributing to this fund who have additional questions, please email our donation team here. If you are ready to show your support now please donate here.
EXAMPLES OF APPROPRIATE USAGE
The Covid-19 Adaptation Grant will assist Downtown Elgin businesses in making necessary investments to meet the new challenges brought on by Covid-19. Grant funds are intended for projects that will enhance a business’s ability to engage its customers, manage health and safety requirements, and operate effectively in order to pursue growth. Some examples of appropriate usage are:
- New or upgraded websites
- Virtual programing capability
- Ecommerce platforms
- CRM platforms with integrated marketing, customer engagement and automation
- Software upgrades to enable pre-order and timed reservations
- Delivery service implementation
- Safety equipment and fixtures (such as plexiglass barriers, hand washing stations, protective masks, signage, etc.)
The DNA Grant Committee is comprised of a representatives from the DNA Board of Directors. The main objective for this committee is to review all grant applications and recommend grant recipients based on a set of specific scoring guidelines.
APPLICATION & DEADLINES
The second round application period has closed. Awardees will be notified on or before October 5.