CHICAGO (WBBM NEWSRADIO) — Mayor Lightfoot and Business Affairs and Consumer Protection (BACP) announced Thursday that $5,000 grants have been awarded to nearly 1,000 microbusinesses that have been impacted by the COVID-19 outbreak through the $5 million Microbusiness Recovery Grant Program.
According to the Mayor’s Office, through this program, 959 microbusinesses from across 36 low- and moderate-income community areas have received a grant of $5,000 just one week after applications closed for the program on Monday, May 4.
This latest measure not only builds on the city’s unprecedented $105 million in COVID-19 relief funding for Chicago businesses, but also Mayor Lightfoot’s INVEST South/West initiative that’s designed to support local businesses on Chicago’s South and West Sides by investing $750 million over three years in neighborhoods that have historically been disinvested in for decades. Read more>>
