City of Chicago Launches The Good Food Fund and Food Business Incubator Program

Lawndale News Chicago's Bilingual Newspaper - Business

Mayor Brandon Johnson and the Chicago Department of Business Affairs and Consumer Protection (BACP) announced the awardees of the Good Food Fund and The Food Business Incubator Program. Allies for Community Business (A4CB) has been selected to manage the Good Food Fund, a $5 million fund to support food entrepreneurs in communities with inequitable access to food. A4CB, in partnership with Greenwood Archer Capital, will manage the fund by providing sub-grants and low-interest loans, to businesses across the food ecosystem (production, distribution, processing, retail) in communities with inequitable food access. A4CB will also provide industry specific business coaching and application assistance to entrepreneurs interested in applying for the fund. Build, Inc, Chicago’s Sunshine Enterprises, Inc, DishRoulette Kitchen NFP, E.G. Woode, Family Farmed, Food He.ro, and the Greater Chatham Initiative. These organizations will provide small food businesses with kitchen space and technical assistance to start or expand their business. They will use an equity-based approach in their programming and focus on emerging and operating food & beverage businesses in neighborhoods with limited access to food.  The Good Food Fund application will open in early spring. Entrepreneurs interested in applying for the Good Food Fund or in participating in the Food Business Incubator Program can access additional information by visiting Chicago.gov/BACPRecoveryPlan.

Comments are closed.