• Small Business Support: Funding Resources

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  • Owning a Small Business Can be Hard... We Are Here to Help!

    Looking for financial support? Need help starting or expanding your business? The BDC is here to help!
    Below is a list of financial resources currently available to Berwyn businesses.

    The BDC connects businesses with local, state, and federal grants. Grants are financial programs designed for a specific purpose, such as payroll, equipment, or recovery of loss. If a business is awarded a grant, the business is given a set sum of money that DOES NOT have to be paid back.

    Each grant has its own application, eligibility details, document requirements, and review process. Carefully read each description below and let us know if you have any questions!

    Have any questions? Need help applying? I’d love to connect!
    Contact Kendra at Kendras@berwyn.net or 708-749-6587.


     

  • Additional Available Grants 

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  • Strengthen and Grow Child Care Grant 

    Illinois was awarded federal relief dollars through the American Rescue Plan Act (ARPA) to ensure that child care programs can weather the pandemic – and emerge from it stronger than before. So far, this funding has been used to provide Child Care Restoration Grants and the Child Care Workforce Bonus program. In 2022, the Strengthen and Grow Child Care Grant (SGCC) will provide stable, predictable funding to support high-quality child care and invest in our critical child care workforce.

    The Strengthen and Grow Child Care Grants will be available to all programs who:

    • are licensed as a childcare center, child care home, or group child care home. 
    • were in operation as of March 2021 and continue to care for children today. 
    • operate full-day and full-year, defined as a program that is open and offering at least eight consecutive hours of care per day, five days per week. 
    • enrolled 10% or more of the program’s licensed capacity with children in the Child Care Assistance Program (CCAP) during any month in 2020 or 2021 and currently participate in CCAP.

     

    Round 5 available from November 29, 2022 - December 22, 2022

     

     

  • Updates From The Economic Development Department

    Be sure to stay up to date with all of the event, grants, loans, trainings, and more from the Berwyn Development Corporation with our weekly e-blast.

     

    View past weekly e-blast!

    October 10th (VIEW)

    October 26th (VIEW)

    October 19th (VIEW)

    October 31st (VIEW)

    November 17th (VIEW)

     
     
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  • Looking to replace your awning or renovate your building? You may be eligible for the BDC’s Finish Line Grant. This grant program assists businesses and property owners with interior and exterior renovation costs, such as awnings, façade improvements, rodent abatement, and buildouts.

     

    Funding will be calculated as a percentage of the total project cost and will be committed to businesses on a first-come, first-serve basis, with a maximum grant amount of $50,000.00.

     

    To be eligible, you must:

    • Be located in the Roosevelt, Depot, or Harlem/Cermak TIF Districts.
    • Submit a completed application BEFORE the renovation project starts.

     

     

     

     

     

    2022 applications due by December 31.

  • ACTUALIZACIONES DEL DEPARTAMENTO DE DESARROLLO ECONÓMICO


    Asegúrese de mantenerse actualizado con todos los eventos, subvenciones, préstamos, capacitaciones y más de la Corporación de Desarrollo de Berwyn con nuestro correo electrónico semanal.

    ¡Vea el e-blast semanal pasado!

    10 de octubre (VER)

    26 de octubre (VER)

    19 de octubre (VER)

     3 de noviembre (VER)

    17 de noviembre (VER)