The Cook County Small Business Source proudly introduces The 2023 Source Grant, which will provide $40 Million in grants to small businesses to help stabilize operations, foster recovery and resiliency, and advance equity in a post-pandemic economy.
Donor Name: Cook County Small Business Source
State: Illinois
County: Cook County
Type of Grant: Grant
Deadline: 08/18/2023
Size of the Grant: $10,000
Details:
The program will prioritize businesses:
- Located in suburban Cook County
- In sectors hardest hit by COVID-19, including:
- Arts & Entertainment;
- Childcare & Social Assistance;
- Hospitality, Food & Tourism;
- Retail Trade;
- Transportation & Warehousing
- Owned by veterans.
Funding Information
- Based upon the availability of funds, the 2023 Source Grant program will offer two types of grants based on 2019 gross revenue:
- Businesses with 2019 gross revenue between $20k-$50k are eligible to receive a grant in the amount of $10,000.
- Businesses with 2019 gross revenue of more than $50k are eligible to receive a grant in the amount of $20,000.
Eligibility Criteria
- Businesses located in Cook County with fewer than 20 full-time employees that were in business prior to 2020 are eligible to apply. This opportunity is available for businesses in all sectors.
- All are welcome to apply regardless of resident or immigration status.
Businesses owners that have applied or received other types of federal, state, county or city grants are eligible to apply.
For more information, visit Cook County.