Cook County Cannabis Development Grant (CCC Development Grant)
This program provides financial support to social equity-licensed cannabis businesses in Cook County to help cover startup and operational costs, prioritizing those in historically marginalized communities.
The Cook County Cannabis Development Grant program offers up to $3.6 million in grants to support startup and operational business costs for social equity-licensed cannabis businesses in Cook County. Funded by the Cook County Equity Fund, this initiative aims to address the historic disinvestment in marginalized communities. Priority is given to businesses with social equity licenses issued in 2020 or 2021, those operating in Disproportionately Impacted Areas (DIAs), and businesses majority-owned by residents of DIAs. The application portal opens at 8 a.m. CDT on May 23, 2024, and closes at 4:59 p.m. CDT on June 14, 2024. Eligible applicants must hold a social equity license and operate in or be committed to operating in Cook County. Grants range from $75,000 to $150,000, depending on the type of cannabis business.
Award Range
Not specified - $150,000
Total Program Funding
$3,600,000
Number of Awards
Not specified
Matching Requirement
No
Additional Details
Grants are based on license type: Craft Grower ($150,000), Dispensary ($75,000), Infuser ($100,000), Transporter ($75,000).
Eligible Applicants
Additional Requirements
Eligible applicants must hold a State of Illinois Social Equity License and operate in or commit to operating in Cook County. Priority is given to those with licenses issued in 2020 or 2021, operating in DIAs, or majority-owned by DIA residents.
Geographic Eligibility
Cook County
Application Opens
Not specified
Application Closes
Not specified
Grantor
Cook County Equity Fund
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