Check Your Certificate of Good Standing Status Today!

Make sure your business is in good standing with the State of Illinois. Your business may need to get a copy of your certificate to: Open a business bank account Apply for a business loan Seek investments from investors Purchase small business insurance Register to do business in another state Keep a current status of […]

Important Grow Grant Update

March 1, 2023 Thank you to all the businesses who applied for a Grow Grant. We appreciate your interest, your participation, and your patience in moving this program forward. Please find below important updates in our effort to bring more services and resources to you this year. Litigation was recently filed against the County regarding […]

The Berwyn Shops Launch

Congratulations to our partners at the Berwyn Development Corporation for launching Berwyn Shops, a new business incubator supported by the Cook County Small Business Source. The Berwyn Shops, features 12 women-owned (11 Latina-owned) 12’x15’ cottage-style shops and provides vendors with the necessary support to operate a small business: a storefront, business education, promotion and resources. Located […]

Allies for Community Business Loan Opportunity

Take advantage of our discounted 3% interest rate by applying for a small business loan today! This special offer will apply to all applications received by June 30, 2022. Applications received on July 1, 2022 or after will be subject to our standard 9% interest rate. This one-year promotion in response to the pandemic was […]

Webinar Series: State of Illinois’ Child Care Grant

Join our webinar series to learn more about the State of Illinois’ Strengthen and Grow Childcare Grants Provided by the State of Illinois, these new grants give licensed and eligible childcare centers access to quarterly funding to help maintain and grow operations. As the Cook County Small Business Source has worked with childcare providers interested in […]

UP CLOSE | Small Business Spotlight

UP CLOSE | Small Business Spotlight    Meet Aida Flores and Eduardo Duarte of Total Nutrition Belmont LLC 5550 W. Belmont Ave. Chicago, IL 60641 (773) 757-4420 How long have you been in business? I started in 2008 learning about wellness and maintaining healthy habits, being proactive and changing my eating habits and doing this […]

ON THE FRONTLINES

Meet the Business Support Organization — Illinois Hispanic Chamber of Commerce Tell me about the Illinois Hispanic Chamber of Commerce and your participation in the Small Business Source We were one of the first organizations to happily join this program because it aligns very closely with our primary focus.  As a Chamber, we help business […]

Update to EIDL

Major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program  have been announced! EIDLE is a federal disaster relief loan designed to better serve and support our small business communities still reeling from the pandemic, especially hard-hit sectors such as restaurants, gyms, and hotels. Program Updates Increasing the Lending Cap: The SBA will lift the […]

Small Business Employees Can Get Money to Reduce Their Payroll Taxes

Small Business Employees Can Get Money to Reduce Payroll Taxes Through the American Rescue Plan, a number of critical tax benefits are being offered to small businesses to help with employee retention and paid leave credits. Available to small businesses who have seen a decline in revenues due to COVID, the employee retention credit of […]

Illinois Celebrating Black Business Month in August

BLACK-OWNED BUSINESS MONTH To honor the contributions of Black-owned businesses across the state, the State of Illinois, with the Illinois Department of Commerce and Economic Opportunity (DCEO) announced the celebration of Black Business Month by highlighting a series of events and initiatives taking place throughout the month of August.  “Supporting Black business owners and entrepreneurs […]

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