Important 2024 Source Grant Notification: 1099 Tax Form Correction

On January 25, 2025, the Women’s Business Development Center (WBDC), the grant administrator for the 2023 Cook County Source Grant, mailed you an IRS Form 1099-NEC. The purpose of this form was to provide you with the information necessary to report the grant income on your 2024 taxes.   The 1099-NEC form which you received […]

How your local convention and visitors bureau can elevate your business

In 2023 more than 112 million visitors came to Illinois alone, bringing in roughly $47 billion in spending and adding $4.6 billion in state and local taxes. In Cook County, 9.8% of employment was in the hospitality and tourism industry, a figure projected to grow by 3% by 2027.  So, can small businesses tap into […]

Source teams up with Women’s Business Development Center for webinar series

The Source is collaborating with the Women’s Business Development Center to host a free webinar series titled “The Source x WBDC” that runs through mid-December. Webinars will provide small businesses with key information related to contracting with Cook County Government, as well as offer expert insight related to credit, marketing, grants and access to capital. […]

Meet The Source’s 2024 Referral Partners

The Cook County Small Business Source is pleased to announce its selection of Referral Partners for 2024. Over 35 organizations will serve as Referral Partners through Nov. 1, 2024. Referral Partners are Cook County nonprofit business-facing organizations with a substantial footprint in suburban Cook County that connect businesses to no-cost advising, a calendar of events and other resources.

2023 Source Grant honored with national award

The Cook County Small Business Source is proud to announce that the 2023 Source Grant was recently honored with a 2024 National Association of Counties (NACo) Achievement Award after providing funding for thousands of businesses throughout the county.

Applications open for Source Referral Partners

The Cook County Small Business Source invites new and renewing non-profit organizations to apply to serve as a 2024 Referral Partner and strengthen our network to support small businesses. We seek partners to serve in the following roles with funding allocations based on the role selected. The grants will support work during the period of […]

The 2023 Source Grant program: $50 million distributed to 3,000 small businesses

In 2023, Cook County launched a $50 million grant program as an investment in small businesses to help stabilize their operations, foster recovery and resiliency, and advance equity in the post-pandemic economy. Cook County established this program because of the central role small businesses play in the local economy as community anchors, a source of […]

Illinois Back to Business New Business (B2B NewBiz) Grant

The State of Illinois has launched the Illinois Back to Business New Business Grant Program (B2B NewBiz), a grant program that will provide financial relief to businesses in the industries most impacted by the pandemic. The state has allocated $25 million in grant funding to support businesses in hard-hit sectors that started operations between January […]

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 […]

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