Deadline: 12 April 2024
The Good Food Fund is providing support to food entrepreneurs in communities with inequitable access to food.
The Good Food Fund was designed after intensive community engagement with the Food Equity Council and seeks to help expand, enhance, and restore the food industry using an equity and community-based approach. Allies for Community Business (A4CB), in partnership with Greenwood Archer Capital (GAC), has been selected to manage the fund by providing grants, low-interest loans, and free coaching to businesses across the food ecosystem (production, distribution, processing, retail) in communities with inequitable food access.
Priorities for Funding
- Located on Chicago’s West or South Sides
- Owner has lived in the community where the business is located for at least five years
- Has operated in the community for at least five years
- Offers a median hourly wage that is a living wage
- Is independently owned and operated
- Employs less than 25 full time workers
- Is a worker-owned cooperative
Funding Information
- The amount requested must be between $10,000 and $100,000, and may not exceed 40% of prior year gross revenue entered in question 12 above.
Eligibility
- Food and beverage business focused on agriculture, manufacturing, processing, marketing, wholesale and distribution, service, retail, or research and development
- Located in Chicago
- Filed a federal tax return in 2022
- Has established a business bank account
- Holds a current food and beverage business license.
For more information, visit Allies for Community Business (A4CB).
