The Cook County Small Business Source Grow Grant provides $10,000 grants to small businesses, coupled with advising and coaching services, to foster their recovery and resiliency from the pandemic, scale their operations and thrive in Cook County.
Donor Name: Cook County Small Business Source
State: Illinois
County: Cook County (IL)
Type of Grant: Grant
Size of the Grant: $10,000
Deadline: 10/31/2022
Details:
Priorities
All businesses that meet the above eligibility criteria may apply and all applications will receive consideration. They expect demand to exceed funds available and have prioritized the following groups.
The Source Grow Grant is prioritizing four business owner characteristics: 1) historically excluded businesses – those owned by Black-, Latino(a)-, other people of color-, Women-, LGBQT+, Veterans-, and Persons with a Disability 2) businesses in Suburban Cook County, 3) businesses in the hardest hit sectors 4) and microbusinesses with fewer than 10 employees.
Hardest hit sectors include: Accommodation, Hospitality, & Food, Arts & Entertainment, Childcare & Social Assistance, Retail Trade, and Transportation & Warehousing.
Funding Information
- Total Funding: $25.5M
- Grant Amount: $10,000
Eligibility Criteria
To be eligible for The Source Grow Grant, a business must meet the following criteria.
- Be a for-profit business located in Cook County, Illinois
- Have less than 20 employees
- Have operated and conducted business since March 2020 (prior to the COVID-19 pandemic)
- Have experienced a decrease in revenue or gross receipts, increased costs, or greater financial insecurity due to COVID
- All are welcome to apply regardless of resident or immigration status
Businesses that have previously applied or received other types of federal, state, county or city grants are eligible to apply.
For more information, visit Small Business with Grow Grant.