New $100K Illinois Grant Announced for Minority & Underrepresented Business Owners

Founders First CDC (Founders First), a national 501(c)(3) non-profit organization that empowers expansion in diverse founders leading revenue-generating businesses, has opened a grant totaling $100,000 for underrepresented business owners in Chicago and throughout the state of Illinois. The purpose of this grant is to help diverse-led business owners create premium-wage jobs in Illinois.

Twenty-five grants totaling $100,000 will be awarded to diverse-led companies with:

●      A staff of 2-20 employees

●      The ability to add 1-2 net new premium wage jobs in the next 12 months

●      A Founder who identifies as Black, indigenous, a person of color, LGBTQIA+, military Veteran, a woman or located in a low to moderate-income area

●      A for-profit company with annual revenues between $100,000 to $3 million.

The application is open until February 8, 2023. Apply HERE!

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