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COVID-19: Small Business Resources

Has your business been negatively impacted by the ongoing coronavirus pandemic? The Coleman Entrepreneurship Center has collected resources for entrepreneurs whose business has been effected by COVID-19 in some way.

For one-on-one assistance, email the Coleman Entrepreneurship Center, at

Eligibility Requirements Application Link
CARES Act Unemployment Benefits Expansion Package Unemployment benefits will be available for 1099s in Illinois under the Coronavirus Aid, Relief, and Economic Security Act. Apply here
Cook County Community Recovery Fund This rapid relief loan fund offers one-time, zero-interest loans of up to $20,000 for small businesses and $10,000 for independent contractors in suburban Cook County. Apply here
Disaster Loan Assistance through the SBA The loan program provides small businesses with working capital loans of up to $2 million. Small businesses can apply for up to $10,000. The loan advance will provide economic relief to small businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid. Apply here
Downstate Small Business Stabilization Program Businesses with 50 or fewer employees located in downstate and rural areas of Illinois may apply for a grant for working capital up to $25,000. Click the application link to learn about more eligibility information. Apply here
Illinois Small Business Emergency Loan Fund Businesses located outside of the City of Chicago with fewer than 50 workers and less than $3 million in revenue in 2019 will be eligible to apply for up to $50,000. Apply here
Verizon Small Business Recovery Fund through LISC Grants of up to $10,000 to businesses facing immediate financial pressure because of COVID-19, especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities who do not have access to flexible, affordable capital. Apply here