Q-FUND

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The Quincy Economic Development Revolving Loan Fund (Q-FUND) offers public financing to businesses that are already working with private sector lenders. Businesses can spend these public funds on projects including, but not limited to, job creation and/or retention, business expansion, and investments in real estate, machinery, or equipment. 

The goals and objectives of the Q-FUND are to stimulate economic growth, increase the City’s property and sales tax bases, to create employment opportunities, and to attract new residents to Quincy through the creation of new jobs and business expansions.

The Q-FUND dollars will support existing industrial, commercial, or service-related businesses located in Quincy; existing business located outside of Quincy that are considering relocating to Quincy; business start-ups considering locating in Quincy; and new or existing businesses that are minority-owned or female-owned.

Q-FUND Guidelines

Q-FUND Application

For more information regarding Q-FUND, please contact:

Department of Planning & Development
706 Maine Street, 3rd Floor
Quincy, IL 62301
217-228-4515
P&D@quincyil.gov