City of Chicago Loan Program

On December 8th 2009, Mayor Daley announced that ACCION Chicago is the first organization to receive funding through the City of Chicago's Small Business Development Fund Program .  ACCION Chicago will use this grant to fund small businesses in the city of Chicago.  As of May 31, 2010 we have disbursed over $110,000 to nine businesses in Chicago using this loan fund.  For eligibility requirements, click here.  Or apply for a small business loan now. 

In the first quarter of 2010, ACCION Chicago funded 41 small businesses in the Chicagoland area. We disbursed almost $250,000 to entrepreneurs to grow their businesses.