In 1998, the contract between the Grayslake Chamber of Commerce and the Village of Grayslake's Economic Development Commission was designed to provide support services that promote economic development in the Grayslake area. Some of the services provided by the chamber under the contract include administrative/clerical support, a minimum of four business promotional events per year, advertising programs for existing businesses and marketing efforts for economic development in the community. These economic development services have provided local businesses advertising, cable TV commercials promoting the community and its businesses, downtown business promoting events, an annual business media fair and seminars on new business practices open to the business community.
These 2008 events are organized by the Chamber of Commerce under its contract with the Grayslake Economic Development Commission.