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Financial Growth Opportunities

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Running a business is hard and small business owners often do not have time to navigate grants, tax credits, and other funding opportunities. We are excited to help. While we cannot cover everything, we will do our best to keep you current on economic incentives that may be available for your business in 2024!

** It's essential to note that application deadlines for the grants are indicated by dates within the titles of the drop-down menu, ensuring a clear understanding of timelines associated with each opportunity. **

Grants for Minority Owned Businesses (1640 × 300 px)(4)

February

March

April

May

June

July

September

Still curious about how to get approved for a Small Business Grant?

Investopedia has a great article on the ins-and-outs of apply for and qualifying for a small business grant!

Learn more here

CLOSED GRANTS:

tax credits

Incentives and Tax Credits

WGN News Highlights Policy Change for Vacant Storefronts

By emma@sbacil.org | February 27, 2024

Help Us Reduce Vacancies in Local Communities! SBAC INSIGHTS PAGE WGN News Highlights Policy Change for Vacant Storefronts Vacant storefronts litter neighborhood business districts in disinvested communities, causing blight, impacting safety, and depressing economic activity. Because of the negative impact of vacant properties in neighborhoods across the city, a robust coalition of chambers and place-based…

Proposed Updates to Chicago’s Retailer and Food Vendor Rules

By natalia.borowska | February 19, 2024

Visit the BACP website SBAC INSIGHTS PAGE Proposed Updates to Chicago’s Retailer and Food Vendor Rules The Department of Business and Consumer Affairs (BACP) has published proposed updates to the City of Chicago’s Retailer Rules. The Department has also introduced certain rules for food vendors.   BACP is accepting public comments until February 26, 2024,…

The Debate Over The Chicago Real Estate Transfer Tax

By emma@sbacil.org | February 5, 2024

Download pdf here SBAC INSIGHTS PAGE Register for the SBAC Informational Webinar: The Chicago Real Estate Transfer Tax HERE. The Debate Over The Chicago Real Estate Transfer Tax Chicago is a tremendous city with a proud tradition. Our great city, however, faces multiple challenges, including persistent economic headwinds and an increase in homelessness. Economic development…

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