We leverage UChicago’s financial resources and expertise to foster entrepreneurship and create economic opportunities for community residents and local businesses.
UChicago builds strong economic partnerships throughout our communities. As the largest employer on the South Side, we are committed to making a strong contribution to the South Side's prosperity by working in partnership with small businesses and community organizations in our surrounding neighborhoods to connect people with jobs and contracting opportunities, both here at the University and throughout our network of vendors.
We support local small business owners and entrepreneurs through faculty- and student-led workshops and programs that help them to launch and grow. We also partner on workforce development initiatives that help individuals build the skills that employers value most.
Through investments in community health, education, business and workforce development, public safety, economic development, and arts and cultural enrichment, we are building broad, enduring partnerships with our South Side neighbors.
University of Chicago Awards More Than $680,000 in Emergency COVID-19 Bridge Grants to 182 South Side Small Businesses
University of Chicago is awarding bridge grants to 182 South Side small businesses impacted by the COVID-19 pandemic. This financial assistance is one element of the institution’s South Side COVID-19 Community Support Initiative launched on March 30
University of Chicago Awards $400,000 in Emergency COVID-19 Bridge Grants to 79 South Side Nonprofits
79 COVID-impacted South Side nonprofits will receive grant funding from the University of Chicago to help address their immediate needs and continue their vital programming.
University of Chicago Awards $112,000 in Rent Relief and $110,000 in Immediate COVID-19 Operating Grants to 18 Small Business Tenants
UChicago issued the first wave of operating grants and rent relief to help our small business tenants weather the COVID-19 crisis. The financial support for University tenants is one element of the institution’s South Side community support initiative launched on March 30.
13th Flow Fitness Studio
Akinwale is the owner of 13th Flow fitness studio, one of 182 small businesses to receive a COVID-19 small business bridge grant from the University of Chicago.