Cook County keeps small-business programs and awards $6.5M for Small Business Source in FY27
County officials said they invested $9.2M in catalyst grants to 92 businesses, the Small Business Source has assisted more than 36,000 small businesses since 2022, and the FY27 budget includes $6.5M for the Small Business Source and $2.4M awarded to five community financial institutions to expand capital access.
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Cook County officials said the county will continue support for small businesses through multiple programs and technical assistance. Turner highlighted a $9,200,000 investment in catalyst grants to 92 businesses and said the Small Business Source has provided advising and resources to more than 36,000 businesses since 2022; "For fiscal year 27, we have 6,500,000 that is designated to the program," Soshi Flores, Bureau of Economic Development, said during the briefing.
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