On Tuesday, February 6th, Commissioner Frank J. Aguilar joined County President Toni Preckwinkle, Commissioners John Daley, Bill Lowry, Alma Anaya, Kevin Morrison, Tara Stamps, Bridget Degnen, small business owners, Business Support Organizations and other partners at The Hatchery to celebrate the distribution of the 2023 Source Grant. The program represents a historic $50 million investment in both city neighborhoods and suburban communities through the Cook County Small Business Source. Established in 2020, the Source provides coaching and guidance to entrepreneurs through one-on-one business advising services led by a network of 50+ business support organizations, through webinars and live events, and through a library of resources to support every business from a start-up to the seasoned entrepreneur. After an application process that saw over 16,000 applications, the program’s grant administrators–the Women’s Business Development Center and Allies for Community Business–confirmed eligibility and submission of required documentation. Administrators then utilized a lottery process to select the 3,000 recipients from the pool of eligible applications. To learn more, visit the Cook County Small Business Source website at www.cookcountysmallbiz.org.
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