Small Business Resource Guide

Below are resources related that may be helpful for those in need of aid or assistance. Please contact the organizations directly for more information about their programs or resources. If you have any resources to add, please email me at repbarabarahernandez@gmail.com. Although my office is currently closed, stay updated by following me at facebook.com/RepHernandez83rd.

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Aquí hay recursos relacionados que pueden ser útiles. Comuníquese directamente con las organizaciones para obtener más información sobre sus programas o recursos. Si tiene recursos para agregar, envíeme un correo electrónico a repbarbarahernandez@gmail.com. Aunque mi oficina está cerrada en este momento, manténgase actualizado siguiéndome en facebook.com/RepHernandez83rd.


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Local Resources

Statewide Grants

  1. The IRAEF Restaurant Employee Relief Fund will provide one-time grants of $500 to support restaurant employees facing an unforeseen hardship due to COVID-19. Applications are now available in both English and Spanish.


  1. ComEd Small Business Assistance Program. The Small Business Assistance Program provides eligible small business customers, whose service has not been disconnected, with a one-time grant equal to 30% of their total ComEd balance (up to $1,000) that will be applied to the past due balance and the remaining balance can be spread over a payment plan of up to six months.

Federal Grants

The U.S Small Business Administration (SBA) is a federal agency that helps small businesses by providing different resources, loans, and grants.

Private Company Grants

Additionally, private companies often offer small business grants. Below is just a sampling of what’s currently available, but you can also search “business [industry] grant” to find more.

  1. Visa Everywhere Initiative (VEI)

This global program is open to start-ups and fintech companies and awards $150,000 to those companies that qualify, as well as valuable contacts in the issuer, acquirer, and merchant ecosystem.

  1. FedEx Small Business Grant Contest

The FedEx Small Business Grant Contest is designed to help small businesses grow and scale their companies.

  1. Nav’s Small Business Grant

Nav’s Small Business Grant awards up to $10,000 to small businesses each quarter. Applicants are asked for a challenge their business has experienced and how they will use the funds to solve that challenge.

  1. NASE Growth Grant

The National Association of the Self-Employed offers a $4,000 grant to qualifying NASE members to take their businesses to the next level.


  1. CORE

If a family qualifies for CORE support, they receive a grant to cover medical bills for children, gas cards, groceries, clothing, medical supplies and therapies, utilities, rent and mortgage, and other essential needs a family might need to navigate their specific circumstance.


Grants for Women Business Owners

Some grants are only open to women who run businesses. Below is just a small selection of the small business grants for women available.

  1. Cartier Women’s Initiative

This program seeks women who are making a difference in the business world. In addition to grants of either $30,000 or $100,000, winners also receive business and financial coaching.

  1. Amber Grant

The Amber Grant awards at least $104,000 to qualifying female entrepreneurs each month, as well as $25,000 annually.

  1. Tory Burch Foundation Fellows Program

This Fellows Program provides eligible women running early-stage businesses with a one-year fellowship, a $5,000 grant, workshops at the Tory Burch offices, and the opportunity to pitch their businesses.

In addition to exploring the grants for women above, you might want to look at small business loans for women as a funding resource.

For those who have served in the military, there are small business grants for veterans.

  1. The StreetShares Foundation Veteran Small Business Award

The StreetShares Foundation awards eligible veteran small business owners up to $5,000 to run or grow a business.

  1. Boots to Business

The Boots to Business program itself isn’t a grant but rather an entrepreneurship course, available to those serving active duty, veterans, and their spouses. Grantees may be eligible for support from the SBA for five years.

Also consider small business loans for veterans, as there are many programs that may offer low rates to those who have served.


Grants for Minority Business Owners

Our final small business grants category is for minority business owners. Here are just a few of the minority small business grants available.

  1. Galaxy of Stars Grant

Galaxy of Stars is a directory of minority and women-owned businesses and offers a grant of $2,500 to eligible applicants to start or grow a business.

  1. Enterprising Women of Color Grant Competition

This grant, targeting women of color, aims to help these women build a business, secure contracts, and capital, and increase employment opportunities.

  1. Asian Women Giving Circle

The Asian Women Giving Circle provides financial support up to $15,000 to eligible female Asian artists and groups in New York City.