I am writing to inform you that the Source Grow Grant, designed to help small businesses who have been affected by the COVID-19 pandemic, application is NOW OPEN.
The Cook County Small Business Source Grow Grant provides capital integrated with business advising to small businesses, prioritizing historically excluded businesses – those owned by Black, Latino(a), other people of color, Women, Veterans, and Persons with a Disability – to close racial wealth and other opportunity gaps. http://cookcountysmallbiz.org/growgrant/
Awarded businesses will receive $10,000 each. The application will only be open from 10/3 – 10/31.
To apply for this grant, businesses will need the following:
- Photo ID
- 2019 Tax Returns
- W-9 (signed and dated by owner in 2022)
- Must have been opened as of 2019
- Must be in Cook County
- Must have made at least $10,000 revenue in 2019
- Must have less than 19 full time employees
Our partners at the Berwyn Development Corporation will be leading outreach across west suburban Cook County. They will be hosting informational sessions at their office in Berwyn/ zoom in the coming weeks to share eligibility requirements and for a step-by-step walkthrough of the application.
At these sessions, you will also be able to schedule a one-on-one session with someone from their team to help with your application submission.
Register to attend the informational session:
Tuesday, October 18th from 4 – 5 PM
Can’t attend a session?
Contact Paola at firstname.lastname@example.org or (708) 749-6582 to schedule a one-on-one consultation.
If you have any questions, please contact Andrea via email (email@example.com) or at 847-824-4200. If you are ready to apply, see below for links etc. you have until October 29, 2022 to apply.
The second is through the Comcast Rise program to help small businesses owned by women and/or people of color. Cook County is one of five locations in the nation participating. They will be distributing $10,000 grants as well. You can learn more at www.ComcastRISE.com