Cook Co. gives small business hurt by the pandemic grant money, up to $10,000
CHICAGO (CBS) -- Thousands of small businesses are about to get a big boost.
On Thursday, Cook County launched the Source Grow Grant Program. About $71 million from the federal American Rescue Plan Act will be available for small businesses impacted by the pandemic.
The program gives qualified business owners grants worth up to $10,000. It will also provide one-on-one business counseling. Applications open October 3rd.
Access to capital has been the most frequently requested service for small businesses following the pandemic. I am proud to announce the Source Grow initiative where for the next 4 years, $71 million will be granted to help reduce racial wealth and opportunity gaps in the county. pic.twitter.com/WYWFxpTsbm
— Toni Preckwinkle (@ToniPreckwinkle) September 29, 2022
Read more