City of Chicago #77332,2

Chicago seeks delegate agencies for small-business capital-access support

Chicago is seeking nonprofit delegate agencies to help small businesses assess financing needs and access capital through its Neighborhood Business Network–Capital Access program. - Government buyer: City of Chicago, Department of Business Affairs and Consumer Protection (BACP). - Opportunity: Solicitation 77332, Specification 1360021, for Neighborhood Business Network–Capital Access (NBN-CA) delegate agency services. - Services requested: - Provide no-cost, individualized consultations to assess capital needs, identify financing options, address barriers, and develop financing strategies. - Deploy loans to qualified entrepreneurs and small businesses through the delegate agency’s established lending program, and refer applicants to other qualified providers when appropriate. - Create capital-access resources and training for business advisors, including a curriculum and on-demand training videos. - Maintain a dedicated program webpage and email address, offer an online service-request form, and submit monthly activity, outcome, and capital-deployment reports. - Award and funding: Up to two reimbursement grants of $150,000 each, for a maximum combined amount of $300,000. Monthly reimbursements are indicated. - Key eligibility and delivery requirements: Applicants must directly originate, underwrite, and/or deploy loan capital; CDFI certification is not required. The selected agencies must provide specialized advisor training and maintain the specified client-access and reporting tools. - OEMs, products, and vendors: No OEMs, product manufacturers, part numbers, or named vendors are identified; this is a services solicitation.

Description

The City of Chicago Department of Business Affairs and Consumer Protection seeks proposals for its Neighborhood Business Network - Capital Access program. Proposals address program design and accessibility, service area, outreach, partnerships, client services, performance management, and organizational capacity. The solicitation requests submission through the City eProcurement portal, and vendor portal registration is required. Responses are due November 12, 2026.

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