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Munoz043020CHICAGO – To help family businesses struggling to stay open during the coronavirus pandemic, Assistant Majority Leader Tony Munoz (D-Chicago) encourages eligible local business owners to apply for the new Microbusiness Recovery Grant Program.

“A number of our neighborhood businesses are ran by families and have few employees,” Munoz said. “I hope those businesses take advantage of this opportunity to avoid more business closures in our area.”

The Microbusiness Recovery Grant Program will award 1,000 businesses with four or fewer employees a one-time grant of $5,000. The grant money, funded entirely by private donations, must be used as working capital for expenses such as payroll, rent, insurance or taxes. Undocumented business owners with a valid form of identification are also eligible for this program.

Applications are available in English and Spanish on the City of Chicago’s website and are due by 5 p.m. on Monday, May 4.

Eligibility requirements for the program include:
• Four or fewer employees,
• Less than $250,000 annual revenue,
• Located in the city of Chicago,
• In business for at least one year,
• 25% decrease in revenue due to COVID-19, and
• Located in a low- or moderate-income Community Area.

Applicants must provide a valid ID and completed W9 form. CityKey is an accepted form of ID. Recipients will be chosen by a lottery on May 11 and issued their grant within two business days.

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Contact Info

Springfield Office:
323 State Capitol Bldg.
Springfield, IL 62706
(217) 782-9415

Chicago Office:
1836 W. 35th St. 1st Fl.
Chicago, IL 60609
(773) 869-9050