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 at 6931 Roosevelt Road in Berwyn, IL, the Berwyn Shops are open Fridays, Saturdays and Sundays from June to mid-December. A truly unique experience that you don’t want to miss!
Category: Updates
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 made possible thanks to the generous support of our funders.
Allies for Community Business offers loans and lines of credit between $500 and $100,000 to early, emerging, and established businesses in Illinois and Indiana.
Refinances do not qualify for the discounted 3% interest rate, and all applications are subject to A4CB standard underwriting and application review.
Click Here to Apply: https://a4cb.loanwell.com/
Cook County Small Business Source Launch
The Cook County small business community thanks President Toni Preckwinkle along with Cook County Commissioners Frank Aguilar, Alma Anaya, Kevin Morrison, and Xochitl Flores, Chief of the Bureau of Economic Development, for their efforts in establishing the Cook County Small Business Source. The program will directly connect small business owners with expert guidance and support to ensure that businesses emerge from COVID-19 intact and positioned for growth. Visit The Source today!
*Above image President Preckwinkle and representatives from The Source’s network of over 30 partner organizations.
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 the grant, we saw the challenges providers faced while applying for this grant.
Join us for a three-part series that will guide you through the process—and help you access the funds you need to grow and thrive! The first session will provide an overview of the grant, the second session will focus on how to fill out the budget information needed for the application and the final session will be an opportunity for you to receive one-on-one assistance with your application.
Throughout the sessions, representatives from the Cook County Small Business Source, Women’s Business Development Center and Illinois Action for Children will walk you through the application and answer any questions you may have.
Part 1: General Overview of the State of Illinois' Strengthen and Grow Grants
Review the details, process, and eligibility for the State of Illinois’ Strengthen and Grow Grants. Registration is required.
When: Thursday, May 19
Time: 6:30pm – 7:30 pm
* Traducción al español estará disponible durante este seminario virtual.
Part 2: Creating a Comprehensive Budget for the State of Illinois Strengthen and Grow Grant
Learn how to create a comprehensive budget for the State of Illinois’ Strengthen and Grow Child Care Grants program. Registration is required.
When: Thursday, May 26
Time: 6:30pm – 7:30pm
*Traducción al español estará disponible durante este seminario virtual.
Part 3: Strengthen & Grow Child Care Grant Application Assistance – Pop-Up Event
Join us in-person to receive one-on-one assistance with your State of Illinois’ Strengthen and Grow Child Care Grants application. Walk-ins are acceptable, registration is preferred.
When: Saturday, June 11
Time: 10:00am – 2:00pm
Location: Illinois Action for Children (Chatham)
1111 E. 87th Street, Ste 400. Chicago 60619
