Chicago Blackhawks Foundation Launches Small Business Grant
The pandemic and recession have created unprecedented challenges, but community members and businesses in predominantly minority neighborhoods have experienced an unfair and dramatically more significant burden. To offer support to its small business neighbors on the West Side, the Chicago Blackhawks Foundation, with generous support from United Airlines, will launch a Small Business Grant Recovery Program, “Support West.” This program will provide $5,000 grants to minority-owned small business in neighborhoods on the West Side who have been severely impacted by COVID-19. A Spanish translation of this post is up online. Apply directly here.
To be eligible for a grant, businesses must meet the following requirements:
10 or fewer employees
Located in a West Side neighborhood
Owned and operated by a business leader of color
Less than $250,000 annual revenue
In business for at least one year
25% decrease in revenue due to COVID-19
Grant details:
One time grant of $5,000
Grant funds must be used for working capital
Required Materials:
Business bank statement
Valid business license
A valid identification card
A completed W9 form
Timeline:
February 1, 2021: Grant application is available
February 28, 2021: Grant closes at 5:00PM CST
March 15, 2021: Grantees are selected & notified
March 31, 2021: Disbursement by end of March
The goal of this program is to shore up the economic corridors of West Side communities through financial resources and marketing support providing long-term recovery assistance. Visit the West Side United website, from where this information is sourced.