West Side Business Xcelerator - West Side Forward
West Side Forward's West Side Business Xcelerator (WSBX) program is designed to support high growth potential businesses. Funded in part by the City of Chicago Neighborhood Business Development Center, this program is designed specifically for owners or management teams with a vision for growing the company significantly, as well as background and experience in managing growth; each participating company will go through three weeks of assessments and five weeks of developing a growth plan around a specific market opportunity. Each business owner will be partnered with a team of advisors and have the potential to receive gap loans to help them get over access to capital hurdles and qualify for larger, traditionally funded loans.
Services
Date of Last Formal Update
09/25/2024
Data provided by
211 Metro Chicago
Physical Address
4100 West Ferdinand Street, Chicago, IL 60624
Hours
Mon 9:00am - 5:00pm; Tue 9:00am - 5:00pm; Wed 9:00am - 5:00pm; Thu 9:00am - 5:00pm; Fri 9:00am - 5:00pm;
Voice
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Application process
Visit the website to complete the Pre-Application Questionnaire or for additional information.
Fee
Free
Eligibility
- Applicants must be actively operating a business on the West Side of Chicago or have specific plans to relocate their business location within one of the designated communities of Austin, Humboldt Park, West Garfield Park, East Garfield Park, North Lawndale, and South Lawndale (or) one of these ten zip codes: 60608, 60612, 60622, 60623, 60624, 60639, 60644, 60647, 60651, and 60707. Secondary consideration may be given to Chicago's west side residents and businesses operating in other nearby geographic locations.- Businesses must be generating minimum annual sales of $60,000 within a 12 month period. Proof of sales will be required.- Preferred consideration will be given to graduates of WSF's Business Start-Up Training (formerly Entrepreneurship Training Program)- Proof of current residence or business address
Languages
English
Service area
Chicago, IL
Agency info
West Side Forward
West Side Forward's primary investment areas for bringing about community transformation are business development, workforce development, and industrial development advocacy on the West Side of Chicago.