Source Grow Grant Closes October 31 - Don't Miss Your Opportunity 👀

Letter from Economic Development Manager

Once again, welcome to the Economic Development Corner! With 4^th Quarter well on its way, I’d like to remind you of 2 incredible financial opportunities – both with deadlines rapidly approaching!

First, we are happy to say that since our last email, over 83 Berwyn businesses have applied for the Source Grow Grant! These $10,000 grants are still available for businesses who were impacted by COVID, with applications due by October 31^st.

Second, business and property owners who are renovating their spaces in Berwyn’s 3 TIF Districts may be eligible for up to $50,000 through the Finish Line Grant program! Completed applications must be submitted BEFORE the renovation begins, and by December 31^st to be considered.

Be sure to keep reading for details about these two programs and MORE!

$25.5 M Dollars Available in Funding

Have you heard? The Cook County Small Business Source recently launched a grant designed to help small businesses who have been affected by the COVID-19 pandemic.

This grant provides capital integrated with business advising to small businesses, prioritizing historically excluded businesses – those owned by Black, Latino(a), other people of color, Women, Veterans, and Persons with a Disability – to close racial wealth and other opportunity gaps.

Read below for more information or click the button to apply now!

Apply Now!

What You’ll Need to Apply:

Required Documents

The above-mentioned documents are required to submit your application. Gather them to apply no later than October 31, 2022.

Learn More Here!

Application Assistance Available

Our team of experts is here to help you apply. Schedule a one-on-one consultation today!

Sign-up HERE!

Available Properties in Berwyn

Did you know the BDC can help you find available properties in Berwyn?

If you’re looking to relocate or open a new storefront in Berwyn, check out our Building and Site Locator tool!

Here, you can find information on available commercial properties, both for sale and for lease, in Berwyn. If you have questions about a property or need more information, contact Paola (paolag@berwyn.net) or Marcos (marcosm@berwyn.net) at (708) 788-8100. Click on the button below to get started!

Available Properties

FINISH LINE GRANT

(Pictured: Los Tarritos Restaurante Before the renovation. Stay tuned for pictures of the finished product!)

Does your business need a facelift? The Finish Line Grant program is a redevelopment grant available to business and commercial property owners across Berwyn’s TIF Districts.

Finish Line Grants are awarded on a first come, first-serve basis! Funding is calculated as a percentage of the total project cost, with a maximum amount of $50,000.00.

APPLICATION DEADLINE 12/31/22

Click Here to Learn More!

Upcoming Events at Berwyn Shops:

The Berwyn Shops will be hosting “Little Berwyn Shops of Horror,” a 3-day event filled with fun activities for all ages! For a full list of events, check out the recently launched Halloween landing page on the Berwyn Shops website!

Spooky Events!

Chamber Event:

The Berwyn Chamber is hosting a Business After Hours:

THIS Friday, October 21st - 5-8 PM: Enjoy $5 Berwyn Bucks sponsored by Republic Bank and food from MediaNoche Cafe

Berwyn Development Corporation

Berwyn.net

(708) 788-8100