As part of the Cook County Community Recovery initiative, President Preckwinkle and the Cook County Bureau of Economic Development announced the formation of the Cook County Community Recovery Fund that will provide rapid relief loans of up to $20,000 to small businesses, gig workers, and independent contractors in Suburban Cook County.
To apply, businesses and independent contractors in suburban Cook County must meet these requirements:
• Small Businesses
• Fewer than 25 employees
• Less than $3 million in revenue
• Gig Workers
• At least half of income from 1099 contract work
• Less than $100,000 in gross annual income
If businesses in your community would like to learn more about the initiative and sign up for updates for when the application period opens, please complete this form
. Updates will be sent on a regular basis.