Allies for Community Business is a Chicago-based organization that aims to support small business owners by providing them with the necessary capital, coaching, and connections to grow successful businesses that contribute to job creation and wealth generation in their communities. They offer a range of services, including loans up to $100K, grants, one-on-one and group coaching opportunities, as well as access to kitchen space, licensing, and procurement services. Allies for Community Business prioritizes working with entrepreneurs from traditionally underserved backgrounds, such as Black and Latinx individuals, women, and those with low-income.
Through their partnerships with various entities, including the City of Chicago, Cook County, the State of Illinois, the Chicago Inclusive Growth Coalition, West Side United, and the Microfinance Impact Collaborative, Allies for Community Business has been able to administer grants and loans to thousands of small businesses, particularly during the COVID-19 pandemic, to help stabilize and support their operations. They are committed to long-term support for small business owners, from the initial idea stage to the maturity of their businesses.
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