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Allstate Main Street Grant

ChicagoMSDC is proud to partner with the Allstate Insurance Company on its Allstate Main Street Grant Program to identify businesses located in the North Lawndale and Pilsen communities to be awarded capacity building grants. The Allstate Main Street Grant Program is dedicated to fostering economic empowerment, revitalizing underserved communities, and narrowing the wealth gap by strategically partnering with Community Development Corporations on the South and West Sides of Chicago.

The program aims to provide grants to small and medium-sized businesses and nonprofits, serving as a catalyst for building capacity, stabilizing community cornerstones, and transforming disinvested areas into hubs for economic development and community renewal.

Official Rules
Allstate Main Street Grant (AMSG) Awards
Powered by Chicago Minority Supplier Development Council

1.1. The applicant’s business/nonprofit must demonstrate a positive impact on its community, including creating new jobs, pioneering innovative products, or enhancing accessibility of products and services.

1.2. Preference will be given to organizations in operation for at least one (1) year, with all eligible businesses encouraged to apply.

1.3. The organization must have generated revenue, with a preferred minimum annual revenue of $20,000 and maximum annual revenue of $1,000,000.

1.4. Preference will be given to organizations with a direct impact on their community.

1.5. The organization must be legally formed under United States law and operate within Pilsen or North Lawndale as defined by the maps linked here (PILSEN)  (NORTH LAWNDALE).

2.1. A total of $250,000 in funds will be awarded to a minimum of ten small businesses within the Pilsen or North Lawndale community.  Selected grant recipients will receive a total of $5,000 -$25,000.

2.2. The grant is intended to build capacity, foster business growth and amplify community impact; use of funds should align with these intentions.

2.3. Funds awarded are to be used explicitly for business development and growth. Misuse of funds may result in revocation and legal action.

3.1.  Grants will be awarded in June 2024, with an application deadline of April 30th at 11:59PM CST. 

3.2. Applications submitted after the deadline will not be considered.

4.1. All Pilsen or North Lawndale applicants must complete the official AMSG application Powered by Chicago Minority Supplier Development Council.  Applicants may only apply to one AMSG program. 

4.2. Incomplete applications or those not adhering to guidelines will be disqualified.

4.3. No duplication allowed. Each grant goes to a unique organization entity. CDCs cannot receive compensation from organization owners. 

4.4. Award winners collaborate with Allstate and CDC to receive funds, use them to build capacity, and share impact stories for publicity efforts.

4.5. Applicants agree to receive email communications from Allstate Insurance Company.

4.6. Applications are subject to a rigorous review process; additional information may be requested.

5.1. Potential impact on the grant award on the organization and community.

5.2. Track record and credibility of the organization.

5.3. Alignment with the grant’s mission to support organizations impacting underrepresented communities.

5.4. Demonstrated need for financial assistance to enhance community impact.

6.1. Grant recipients will be notified via provided contact information.

6.2. Non-selected applicants will not receive individualized feedback due to the volume of applications.

7.1. By applying, the applicant agrees to abide by all official rules and guidelines.

7.2. Allstate reserves the right to modify terms, eligibility criteria, or any aspects of the grant without prior notice.

7.3. False representation or misleading information leads to immediate disqualification.

7.4. Allstate is the ultimate arbiter of any dispute. 

8.1. Submitted data will be used solely for evaluating grant applications.

8.2. Allstate and Women’s Business Development Center commit to safeguarding data and will not share it without the applicant’s express consent.

Allstate Main Street Grant

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