MAY 2025 - Tomorrow: April 30th: Get Certified to do Business with Cook County -

Tax Credits: EDGE, Alternative Vehicle Refueling - SBIF Opening - Time for Lunch?

Join The Source alongside its partners at the Cook County Office of the Chief Procurement Officer (OCPO) Center for Business Enterprise Development for...

“Getting Certified with Cook County”

April 30th, 2025 - 10 to 11 AM

Tune in for a dynamic, 60-minute interactive webinar where you'll gain valuable insights into doing business with Cook County. They'll walk you through the procurement process and break down everything you need to know about getting certified with the County.

Whether you're already a registered vendor or just beginning your journey, this webinar will equip you with the essential tools, tips and insights for success. Click to register

The City of Chicago helps support business and neighborhood vitality through Small, Medium and Large Community Development Grant (CDG) awards.

Filing deadline 8/15/2025

CDGs use proceeds from the 2024 Housing and

Development Bond and other funding sources to support a variety of eligible, business-related investments that create and maintain jobs and quality-of-life improvements for local residents.  

Applications are open to business owners, property owners, non-profit organizations, community developers and entrepreneurs. Click to learn more

Tax Credits

EDGE - Economic Development for a Growing Economy - is a tax credit incentive program designed to encourage startups to invest, create, and retain jobs in Illinois. Eligible businesses must be incorporated 10 years ago or less, never had any Illinois income tax liability, and ready to hire full time W2 employees.

The EDGE for Startups program offers a credit for withholding taxes to support businesses. Here's a summary of the key benefits related to tax credits for staff:

• Tax Credits for New Hires: 50%
• Tax Credits for Retained Jobs: 25%
• Additional Savings: In underserved areas, savings increase by an additional 25%
• Training Costs: The program offers a credit for 10% on new employee training costs

Click HERE to learn more

Learn How the Small Business Improvement Fund (SBIF)

Can Benefit Commercial & Industrial Business Property Owners.

Click on the Line item to...

• Click for map showing geographic boundaries
• Click to learn more about the program
• Click to download an application form
• SBIF Lenders

May SBIF Rollout - Armitage/Pulaski - opens 5/1/2025, closes 5/30/2025

Informational Webinar - May 7, 2025 at 1 PM Click to register

Alternative Fuel Vehicle Refueling Tax Credit - Taxpayers who install(ed) qualified vehicle refueling or electric vehicle recharging property in their homes or business' may be eligible for the Alternative Fuel Vehicle Refueling Property Tax Credit. Amended by the Inflation Reduction Act, changes apply to qualified refueling property placed in service after 12/31/2022 and before 01/01/2033.

Click for more info'

Real Estate for Sale & Lease - Click on addresses to vew brochures, details

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