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What's New This Month

The weather is warmer, gardens are blooming, and for many, spring cleaning is underway. Here at the Source, we refreshed our look to provide an uplifted experience for small business owners, to make accessing essential information and resources that much easier. Discover our refreshed style and resources to help set yourself up for success this spring and beyond with our May newsletter.

A Home Away from Home: Finding Community and Entrepreneurial Support with The Source

Eight years ago in Pilsen, Angel Emmanuel Alcantar opened his business, Frida Room. In his words, the Chicago restaurant chain “uniquely showcases the flavors I grew up with,” serving dishes inspired by recipes passed down to him from his grandmother. With Frida Room, Angel carefully curated each detail to capture and convey the lively decor and culture of Mexico City. 


Frida Room is not Angel’s first entrepreneurial venture, however. “I have over 20 years of experience as a business owner, but never as a restaurateur,” he said. Despite his extensive experience, Angel shared with the Source that “running a business is not easy.”


To overcome the challenges that come along with owning and operating a small business, Angel participated in business advising with the Illinois Hispanic Chamber of Commerce (IHCC), a Business Support Organization (BSO) partner with the Source. Within the IHCC, Angel found not only the technical support he needed but also a friend in his advisor, Uriel Mendez. “I can call him whenever I need him. We have had a great relationship,” Angel said. “He always lends me a hand and has been closely involved in the buildout of our new [Lincoln Park] location.”


Angel credits the success of his recently opened location in Lincoln Park to the work he has done with Uriel as his business advisor and the IHCC as a whole. When asked if he would recommend working with an advisor, Angel shared:

Ready to plant the seeds for small business success? Take advantage of free business advising through the Source and develop a one-on-one relationship with an advisor from our network of trusted business support organizations today.


Explore the new Business Advising Webpage!


Learn more about the Source’s award-winning program, and hear some testimonials from fellow small business owners who have participated in advising on our newly refreshed business advising page.

Angel Emmanuel Alcantar, owner and operator of Frida Room, with his business advisor, Uriel Mendez of the Illinois Hispanic Chamber of Commerce (IHCC)

May's Webinar Wednesday

Be Business Ready with the Source!

Join the Source and the Rogers Park Business Alliance for an interactive workshop and create a one-page business model! Learn how a strategic business management template is used to develop new business models, document existing ones, and even test new product or service ideas. From income streams to marketing channels, we will explore how each part of a business interacts and influences the others.


This webinar is hosted by the Source & the Rogers Park Business Alliance

Create a One-Page Business Plan

Wednesday, May 29, 2024

10:00 AM - 11:00 AM CT

Register Here

Upcoming Webinar Wednesdays:

Join the Source and one of our featured Business Support Organization (BSO) partners on the last Wednesday of each month for our Webinar Wednesday series, bringing you the resources and information you need for your small business to thrive!

Next Up in the Series!


Join us on June 26 with the Southland Development Authority for “Think Like a CFO: Business Financial Fundamentals”

Register Here

Tips, Tricks, and Resources from the Source

Business Planning 101

As you begin developing your business, a crucial step is to create a business plan. This will allow you to not only establish priorities but also to help organize your game plan to ensure your entrepreneurial dreams become a reality. Discover a few helpful business planning resources below!






  • Attend May’s Webinar Wednesday “Create a One-Page Business Plan” with the Roger’s Park Business Alliance for step-by-step guidance in crafting a business plan, plus a chance to have your questions addressed live during the webinar. 


Need further assistance? Sign up for individualized guidance in crafting your business plan with business advising with the Source today.

Upcoming Events

Funding Opportunities



Advantage Illinois Loan Guarantee Program


The Advantage Illinois Loan Guarantee Program supports business applicants who are having difficulty gaining access to capital by using funds to guarantee a percentage of loans provided by partner lenders. Advantage Illinois accelerates investments and eases the credit crunch for small businesses, thanks to more than $78 million from the federal State Small Business Credit Initiative (SSBCI) of the Small Business Jobs Act of 2010. Find a list of participating lenders, FAQs and more here.

Verizon Small Business Digital Ready Program


The Verizon Small Business Digital Ready program provides small businesses throughout the country with amazing opportunities and access to free courses, events, networking, and more. Plus, by registering, you can apply for $10,000 in small business grants. Grant applications are now open, here’s how to apply:


  • Join Digital Ready for free and complete two free courses or events. 
  • Apply before June 28, 2024
  • Applicants will be notified whether they’ve been chosen to receive funding. 


Register and learn more at the link here.

Contact Us

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Website: cookcountysmallbiz.org


Email: info@cookcountysmallbiz.org