Mayor Brandon Johnson, in collaboration with the Chicago Department of Business Affairs and Consumer Protection (BACP), has announced a substantial $21.5 million grant program aimed at revitalizing the city’s small businesses and nonprofit organizations.
This new initiative, unveiled in August 2024, is designed to provide critical support to local entities that are essential to Chicago’s economic and social fabric.
The grant will focus on assisting businesses and nonprofits that have been hit hard by recent economic challenges, providing them with resources to stimulate growth and sustainability. This includes financial aid, technical support, and other resources to help these organizations thrive.
The program underscores the city’s commitment to fostering a vibrant local economy and supporting the communities that drive Chicago’s cultural and economic diversity.
The grant is expected to make a significant impact, helping to create jobs, enhance services, and improve the overall quality of life in the city.
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As Chicago moves forward with this initiative, local businesses and nonprofits are encouraged to apply and take advantage of the opportunities presented by this new funding.
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