Small businesses are eligible to apply if they have been operating in Cook County prior to 2020 and have fewer than 20 full-time employees on staff... #grant
“We can state with confidence that our program reached business owners and communities hardest hit by COVID. This is evidenced by the fact that 66% of participants are members of Black, Brown, Indigenous Nation, or Asian American communities and 55% of are women entrepreneur."
#smallbusiness
Cook County Receives $1.25 Million to Support Small Businesses (Cook County, IL) - President Preckwinkle applauded the Illinois Department of Economic Opportunity (DCEO)’s award of $744,600 as part of its Community Navigator Program and We Rise Together coalition’s award of $500,000 to support the Cook County Small Business Assistance Program.
Small businesses owned by women, minorities get first chance at new PPP loans (Washington DC) - The Biden administration is expanding the federal Paycheck Protection Program as well as targeting women and minority-owned businesses to give them greater access to loans during the COVID-19 pandemic. With less than half the allocated $284 billion in PPP funds yet to be claimed, by U.S. businesses, the Small Business Administration has said it would soon begin accepting a new round of applications.