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Cook County Announces $71 Million Source Grow Grant Program to Help Historically Excluded Small Businesses in Pandemic Recovery

The Cook County Small Business Source strives to support, grow and elevate small businesses, the backbone of Cook County’s economy. This program directly connects small business owners with expert guidance and support to take businesses to the next level. Cook County established the award-winning program to ensure that businesses emerge from COVID-19 intact and positioned for growth.

A commitment to equity serves as the North Star for the program which provides access to government grants, loans and resources, and fosters growth for small businesses historically excluded including Black-, Indigenous-, People of Color- (BIPOC), Veteran-, Women-, LQBTQ+ and persons with disabilities-owned businesses.

“Cook County’s small businesses faced unprecedented challenges during the pandemic, and the Source Grow Grant program is key to helping them scale and thrive,” said Cook County Board President Toni Preckwinkle. “I’m proud that this program will provide not only the funds they need but also the business coaching that is critical to sustainable growth.”

The Source Grow Grant –  provides $10,000 grants to small businesses, prioritizing those owned by historically excluded populations and in sectors hard hit by the pandemic.

Your business is eligible if it:

1. Is a for-profit business in Cook County, IL

2. Has less than 20 employees

3. Has operated and conducted business since 2020

4. Has experienced a negative financial impact due to the COVID-19 pandemic

Applications now open!