About the Chamber: Member Resources

The Hyde Park Chamber of Commerce offers a range of resources to help you launch a new business or build an existing one. Visit our office to see what you can learn. In addition, we’ve developed this list of programs and services available through other institutions.

City of Chicago Resources

The Small Business Improvement Fund is a Tax Increment Financing (TIF) program that reimburses building owners for TIF-eligible investments. 

Tax Increment Financing (TIF) is a development finance tool used to stimulate development in a specific geographic area. In Hyde Park, the 53rd Street business district has been designated as a TIF district.  

The City of Chicago’s Department of Business Affairs and Consumer Protection offers a variety of resources regarding doing business in the city. Hotline: 312-74GO-BIZ

The City of Chicago Department of Community Development offers several resources specific to retail development in the city.

University of Chicago Resources

The Institute for Justice Clinic on Entrepreneurship can help with business organization, licenses and permits, agreements and leases, regulatory and zoning compliance, copyright and trademark protection, and commercial landlord, supplier, and lender negotiation.     [ more ]

The Social Entrepreneurship Lab partners MBA students with nearby nonprofits that need help setting up business plans, marketing, or other strategies for improving their productivity.   

The Edward L. Kaplan New Venture Challenge invites community entrepreneurs to partner with business students in this business plan competition, which has launched 35 businesses in 11 years. 

The Entrepreneurial Internship Program offers subsidized internships for GSB students to work with local start-up or small businesses with less than $50 million in revenues. Interns may help rewrite business plans, perform market surveys, improve information systems, and more. 

The Office of Business Diversity hosts workshops on topics such as certification, networking, and financial literacy to help minority-owned, women-owned, and small-business enterprises to market themselves to the university.

Other Resources

The U.S. Small Business Administration provides a variety of programs and services for small businesses.  [ more ]

The Chicagoland Chamber of Commerce helps establish and maintain successful entrepreneurial enterprises throughout the Chicago metropolitan area.  [ more ]

The Women’s Business Development Center takes a full-service approach to meeting the needs of women-owned businesses.  [ more ]

The Chicago Minority Business Opportunity Center is a joint effort among the U.S. Department of Commerce, Minority Business Development Agency, and the Chicago Minority Business Development Council to foster the growth of minority-owned businesses.  [ more ]

The Chicagoland Entrepreneurial Center (CEC) helps entrepreneurs and small- to mid-sized business owners navigate resources, strengthen knowledge, and form strategic alliances. [ more ]

The Chicago Development Fund (CDF) fosters  development and expansion of Chicago's industrial, retail, grocery, and cultural bases. [ more ]

The Cook County State's Attorney  assists business owners with its Bad Check Restitution Program. [ more ]

The Illinois State Treasurer's Office operates the Employ Illinois program which gives business owners access to capital to start or enhance their businesses. Low-interest loans are available to large and small Illinois businesses, including child care providers.  [ more ]

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