IN THE BUSIN E B erwyn continues to build upon the resiliency of our business community. With the help of the City of Berwyn and the Berwyn Development Corporation (BDC), new and existing businesses are utilizing the available resources to grow and continue operations. Despite changes in the world, it is critical that we continue to innovate services, as well as celebrate the wins of our business champions. In 2020, we celebrated Cameo Dental Specialists and La Borra Del CafĂŠ with ribbon-cutting ceremonies. We look forward to other grand openings throughout the year. In addition to welcoming new businesses to the community, we continue to reinforce our business programs and services. In 2019, the BDC introduced the Finish Line Grant and Pay As You Go Programs. These matching dollar programs were rolled out in both the Roosevelt and Depot TIF Districts. The
7009 W Ogden Ave | Berwyn, IL 60402 (708) 484-4444 @AboveAndBeyondMusic
Music Lessons
Piano, Guitar, Violin, Ukulele, Drums, Flute, Saxophone, Trumpet, Trombone
Voice Lessons New & gently used instruments Accessories
Guitar Strings, Drum Sticks, Reeds & More
Instrument repair
Guitars, Band & Orchestra Instruments
Music related novelties We buy instruments & offer consignment The store supports The Nite Light, a faith-based, not-for-profit, music and arts center for youth with a focus on community outreach.
20
| 2020 Community Resource Guide | WhyBerwyn.com
BDC saw a massive interest in these programs, awarding 12 businesses more than $86,000. Because of the success of the Finish Line Grant, the BDC expanded the program to include the Harlem TIF District as well. With the Harlem TIF now extended down the length of Cermak Road, the Finish Line Grant covers the majority of our business corridors. The BDC has ramped up funding to over $500,000. If you have a project in mind, make sure you reach out to BDC staff! The BDC also increased its offering of commercial loans to the community, with three new loans issued in 2019. Our commercial lending program has ramped up in 2020 to address the needs of the business community, with two loans issued already this year. The BDC works closely with borrowers to ensure our program is the best fit for their needs and assist the business in utilizing all other available economic development programs.