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Cook County Grants For Small Business

Cook County Grants For Small Business – COOK COUNTY – Cook County Council President Tony Perkinkel, Cook County Commissioner Donna Miller, Cook County Commissioner Kevin Morrison, Illinois Representative William Davis, Cook County Economic Development Bureau, and Next Street, Cook County COVID-19 announced today the start. Recovery: The Small Business Assistance Program is a business counseling, education and assistance program designed to help small businesses weather the COVID-19 pandemic.

“Small businesses are the backbone of our local economy and employ thousands of our residents,” said Cook County Board Chairman Tony Perwinkel. “Direct financial support and strategic guidance is an essential step in helping small businesses trying to survive this pandemic. In addition to our $10 million loan program, I am pleased that we are now providing businesses with $12.6 million can offer additional assistance.

Cook County Grants For Small Business

Cook County Grants For Small Business

The program’s coordinator, NextStreet, presents recent estimates that Cook County businesses will need an estimated $1.28-510 billion in the first year of the COVID-19 recovery, with $267-671 million owed to business owners for painting.

President Preckinkle Launches Small Business Assistance Program For Suburban Cook County

“We experienced a 53% increase in demand from small businesses for our consulting services when COVID-19 hit the region,” said Amelia Damenko, president and CEO of the Women’s Business Development Center. “Small businesses need help accessing grant funding, putting new operating plans in place and developing strategies for growth. With the help of the program, we can provide much-needed advice and funding, access to grant funding is especially important for women and minority-owned businesses to maintain financial independence.

The Cook County Covid-19 Recovery Small Business Assistance Program will offer business counseling throughout Cook County and grants to urban businesses in Cook County. Small business grants of up to $10,000 will be available to approximately 1,200 downtown Cook businesses whose sales have declined due to COVID-19.

“This program provides both financial assistance and a strong network of more than 35 organizations in the city and surrounding areas dedicated to providing support to small businesses. Rebuilding our community will require contributions from the public, private and charitable sectors. Get involved,” said Xochitl Flores, head of the Bureau of Economic Development . “Through joint efforts, resources and collaboration with business and philanthropic leaders in our community, this effort helps us close the gap and provide support for small businesses to thrive.”

“Future Street is thrilled to be a part of this incredible partnership to support Cook County’s small businesses through their recovery and beyond,” said Karis Conan Johnson, Managing Partner of Future Street. “Partnership embodies the belief that ‘we are better together,’ our mantra that has fueled us since the beginning. The collaborative model of the program is similar to what we have pioneered across the country and across Cook County. It provides meaningful solutions to challenges that affect black and brown businesses.

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“Small businesses generate economic strength and wealth. Data from the Business Opportunity Alliance shows that black business owners have 12 times the net worth of black non-business owners. Now, more than ever, small businesses are struggling. As we learned with the Fund for Equitable Business Growth – Multiple Partnership Funding that builds partnerships between business support organizations – coordinated, culturally competent and results-driven support is central to meeting the needs of small business owners.” Helen Day said. Gill, president and CEO of the Chicago Community Trust. “We appreciate Cook County’s commitment to building the capacity of service organizations and supporting entrepreneurs with much-needed capital.”

For more information on eligibility and program requirements, if you are a small business located in the City of Chicago or suburban Cook interested in business counseling, or if you are a small business in suburban Cook County seeking recovery assistance and interested, go here to apply and get information:

The program, part of the Cook County Community Revitalization Initiative, was established through a state-funded partnership between Accion, Chicago TREND, the Urban League of Chicago, the Illinois Hispanic Chamber of Commerce, Next Street, and the Cook Women’s Business Development Center. and the Chicago Community Trust Fund for Equitable Business Growth, with special funding for this program from the Foundation, the John D. and Catherine T. MacArthur Foundation, the Robert R. McCormick and the Polk Brothers Foundation.

Cook County Grants For Small Business

This collaborative COVID-19 recovery plan also exemplifies a coordinated systems-level approach to building the capacity of business service organizations across Cook County, based on findings from the Chicago Small Business Ecosystem Report assessment that led to the efforts. Such as: Chicago Inclusive Growth Coalition and the Fund for Equitable Business Growth.

City Of Chicago Neighborhood Opportunity Fund

Participating organizations include organizations in four categories: 1) Program Coordinator: Next Street, 2) Leading Business Service Organizations: Chicago Urban League, Illinois Hispanic Chamber of Commerce and Women’s Business Development Center; 3) Business Service Support Organizations: Accion, Bruin Development Corporation, Chicago TREND, Cook County Black Chamber Corporation, and Southland Development Authority, and 4) Referral Partners: Aurora Regional Hispanic Chamber of Commerce, The Yards Neighborhood Council Back, Chamber 57, Chicago Heights Economic Development Corporation, Chicago Minority Development Council, Chicago Neighborhood Initiatives, Chicago Southland Economic Development Corporation, Economic Strategies Development Corporation, Far South Community Development Corporation, Greater Angelwood Community Development Corporation, Greater Angelwood Chamber of Commerce and Technology, Infinite Illinois Business Immigrant Corporation Coalition, Illinois Restaurant Association, American Indian Center, Mid-South Business Association and Resource Center, Mijeres Latinas N Exion, North West, Northwest Side Community Development Corporation, Puerto Rican Cultural Center, Rogers Park Business Alliance, Schaumburg Business Association, Somercor , Southwest Collective, Sunshine Enterprises and YWCA Metropolita n Chicago. Thank you for your interest in the Cook County Small Business Resource Growth Grant! This opportunity resulted in nearly 22,000 applications being received during the grant period this October!

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The program provides grants to small businesses to improve their recovery and resilience from the pandemic, expand their operations and grow in Cook County.

As part of the application review process, your business status in good standing with the State of Illinois will be checked. Click here to search and check the status of your business.

We understand that running a small business is difficult, and The Source offers free business advice, online resources and informative events to help you grow and scale your business. See the Cook County Small Business Resource for more information.

In Person Application Assistance: $10k Grants Available, Small Businesses, The Vernard L. Alsberry Jr. Municipal Center, Hazel Crest, October 13 2022

Please check out the free events happening this month, listed below, and keep checking the resource site for updates on our calendar of events throughout the year.

WBE certification. . Know before you apply! November 10 | 9:00 – 22:30 virtual | Register Now Facilitated by: Women’s Business Development Center If your business is 51% or more owned, controlled or managed by a woman or women and you are considering WBE certification then this workshop is for you. Workshop coverage: WBE (Women’s Business Enterprise) certification, understanding the range of providers, WBENC WBE certified benefits/benefits, standards/required documents.

Host: The Illinois Restaurant Community Learn how to streamline your operations, drive revenue and create more profitable interactions using the latest technology from expert panelists at Eate Digital.

Cook County Grants For Small Business

November 10 | 10:00 to 12:00 | personally | Register now 4510 S Michigan Ave Chicago, IL 60653

Grants Available For Winnetka Area Small Business Owners

This private event is for BIPOC early childhood center-based providers or child care business leaders on the South and West Sides of Chicago. This event will focus on strengthening human resources, marketing, financial management and business planning skills. Participants will gain access to business operations information and resources to help them grow, expand and sustain their child care business. A complimentary continental breakfast is provided.

Hiring employees is one of the most challenging for any business owner. This online seminar will deal, among other things, with hiring, training and employee retention.

Starting this month, our Business Support Organizations (BSOs) will be hosting free group counseling sessions. Our small business consultants will lead each meeting that will include about 10-15 small businesses. The meetings will focus on a specific topic, such as marketing, and will also be an opportunity for you to get help with any general question. BSOs will contact you directly with meeting details and registration instructions. Please stay tuned! In the meantime, if you have any questions, please email:

For your information, participation in business consulting sessions and/or events has no effect on your grant award status.

Waste Prevention Grant Opportunities

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