The Lake County Community Foundation (LCCF) is partnering with Allies for Community Business (A4CB) to support small businesses located in Waukegan and North Chicago.
Donor Name: The Lake County Community Foundation
State: Illinois
County: All Counties
Type of Grant: Grant
Deadline: 04/11/2025
Size of the Grant: $10,000 to $100,000
Grant Duration: 1 Year
Details:
LCCF’s Small Business Growth Initiative (SBGI) grant program is looking for 19 small businesses who want to grow their business and will commit to a 4-month learning cohort.
The goal is the establishment of long-term, sustainable growth. Each business received wrap-around resources, referrals, and technical assistance based on their desired growth areas, along with educational workshops and peer-to-peer cohorts.
Funding Information
Up-to $30,000.
Grant Period
1 year.
Eligibility Criteria
Businesses apply for support through the SBGI Grant Program.
SBGI Grant Requirements
- Establish business goals
- Establish personal financial goals
- Define your products
- Price your products
- Create a business plan
- Create a financial forecast
- Register your legal structure
- Secure your business license and required certifications
- Purchase business insurance
- Establish a separate business bank account
- Manage your books using online software.
For more information, visit The Lake County Community Foundation.
