Community First Accelerate Grants for Small Business ("Accelerate Grants") assist the growth and development of small businesses in Illinois and Wisconsin, creating economic opportunity in the communities FHLBank Chicago members serve. Through our member institutions, we offer grants of up to $25,000 to eligible small businesses. 

Accelerate Grants are an opportunity for members to establish and strengthen partnerships with small businesses in their communities.

The 2022 Accelerate Grants for Small Business funding round opens on August 16 and closes September 30. Award announcements will be made in November. 

Accelerate Grants

Eligibility
Application Process
Evaluation Criteria
Disbursement
Impact Reporting