Apply for the Cook County Small Business Source Grow Grant Program!
The SBAC advocates for the small business community in numerous ways, including by disseminating important information about programs that will support small businesses. The Cook County Small Business Source Grow Grant program will provide grants to certain small businesses still struggling to recover from the pandemic.
This $25.5 million program will give $10,000 grants, as well as advising and coaching sessions, to eligible small businesses in Cook County.
Small Businesses looking to apply must meet the following criteria:
- Be located in Cook County, Illinois
- Have less than 20 employees
- Have operated and conducted business before March 2020
- Have experienced a decrease in revenue or gross receipts, increased costs, or greater financial insecurity due to COVID
Priority will be given to the following groups of small businesses
- Microbusinesses with under 10 employees
- Businesses located in suburban Cook County
- Businesses in the hardest hit sectors: Accommodation, Hospitality, & Food, Arts & Entertainment, Childcare & Social Assistance, Retail Trade, and Transportation & Warehousing.
- Historically excluded businesses: those owned by Black-, Latino(a)-, other people of color-, Women-, LGBQT+, Veterans-, and Persons with a Disability
Applications for the Cook County Small Business Source Grow Grant are open until October 31.
Find out more information at the Cook County website: https://cookcountysmallbiz.org/growgrant/
Byline Bank Recognizes Small Business Saturday with Small Business Advocacy Council Contribution
Byline Bank Recognizes Small Business Saturday with Small Business Advocacy Council Contribution CHICAGO, IL (November 2021) – This Small Business Saturday, November 27, Byline Bank, Illinois’ top Small Business Administration lender, is recognizing the work of the Small Business Advocacy Council (SBAC) of Illinois with a $5,000 sponsorship contribution. The SBAC is a nonpartisan member-driven…
Funding For Local Chambers of Commerce
HB4993 -> 1 Pager & Endorsements Chamber Relief Grant Program Local chambers of commerce provide important support and services to small businesses. They connect small businesses to potential customers and play a pivotal role in fostering commerce in local communities. However, many chambers have been devastated by the pandemic. For that reason, we are asking…
Laws You Should Know About
Baking Good Legislation On August 27, Governor Pritzker signed into law the Home-to-Market Act. The Home-to-Market Act allows producers of home-based food products to sell their goods directly to customers. This new law goes into effect on January 1, 2022. This will foster the growth of home-based entrepreneurs, known as the cottage food businesses. Prior…