City of Chicago #77332,1

Chicago NBN-CA small-business and capital-access delegate agency services

The City of Chicago is seeking nonprofit partners to deliver neighborhood small-business and capital-access support. - Buyer: City of Chicago, Department of Business Affairs and Consumer Protection (BACP); named contact: Maurice Phillips. - Opportunity: Select delegate agencies for the Neighborhood Business Network–Capital Access (NBN-CA) program to serve businesses in proposed service areas. - Services: Assess capital needs, explain financing options, address financing barriers, develop financing strategies, deploy loans to qualified businesses through an established lending program, and refer applicants to other capital providers when appropriate. - Additional support: Develop capital-access resources and training materials, and provide peer training and professional development for business advisors. Non-loan consultations and resources must be provided at no cost. - Required delivery capabilities: Dedicated program webpage and email, online service request form, training curriculum and on-demand videos, and monthly activity and outcome reporting. - Funding: Up to two reimbursement grants of $150,000 each, for a potential total of $300,000, funded by the City Corporate Fund. - Term: One-year initial term with up to four additional one-year extensions, subject to need, funding, and performance. - OEMs and commercial vendors: None identified; no specific commercial products or part numbers are requested.

Description

The City of Chicago is seeking proposals for its BACP-Neighborhood Business Network - Capital Access program. The solicitation requests organizations to describe their program design, accessibility, service area, outreach, partnerships, client services, performance management, and staffing. The selected delegate agencies will provide small-business support services, including capital access assistance, in their proposed service areas. Responses are due November 12, 2026.

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