Incentives

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Incentives
VILLAGE OF HUNTLEY INCENTIVE POLICY
The Village of Huntley occasionally offers general incentive assistance to aid in the funding of infrastructure and other site improvements to help attract business. Incentives are designed to achieve public benefits including increased tax revenues (both property and sales taxes), desired additional employment, and new public improvements that outweigh proposed incentives. Incentives must be size appropriate, timely and are reviewed on a case-by-case basis.  

The following documents are provided to assist in the application process:
Economic Development Incentive Policy
Economic Development Incentive Application (Word)
Economic Development Application Addendum - Sources & Uses (Excel) 


COMED INCENTIVE PROGRAMS
ComEd offers a number of Incentives for business. Save energy and money by taking advantage of these programs and tools for your business. Visit comed.com/bizincentives to learn about incentives for Lighting, HVAC, Small Business, New Construction, Data Center Efficiency and more.  

OUTSIDE RESOURCES
State of Illinois Incentives and Loan/Financing
The State of Illinois Department of Commerce & Economic Opportunity program offers a variety of incentive programs as well as State loans and financing programs. For an overview of these programs, visit: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/Pages/default.aspx

SBDC - Small Business Development Center
The Illinois Small-Business Development Center is a grant-funded program that provides business resources for businesses that employ up to 500 people. Services include:
  • business advising, providing guidance for business growth
  • timely courses where you can network with other small-business owners
  • entrepreneurial resources including assistance obtaining funding
The local SBDC at MCC is funded in part through a cooperative agreement with the U.S. Small Business Administration, the Department of Commerce and Economic Opportunity and McHenry County College. https://www.mchenry.edu/isbdc/