Black-Owned Grocery Store In Chicago Receives $2.5M Funding

Elizabeth Abunaw, founder and CEO of Forty Acres Fresh Market

Photo: BlackBusiness.com

Elizabeth Abunaw, founder and CEO of Forty Acres Fresh Market, a Black-owned startup grocer that offers fresh and healthy food options on Chicago’s West Side, has been awarded $2.5 million in grant funding from the city.

She plans to use the funds to transition her pop-up store to a brick-and-mortar store.

Elizabeth founded the grocer in 2018 with the aim to improve food access in the community which had been a food desert. She has since been running pop-ups, farmer markets, a storefront that operates on weekends, and a grocery delivery service.

But she has always dreamed of opening a brick-and-mortar store.

Her dream came true as the city of Chicago backs the development of Forty Acres Fresh Market with a $2.5 million grant, funded under the Chicago Recovery Plan.

The grant is set to fund part of the grocery store’s construction costs including plumbing, mechanical, and electrical work for equipment such as refrigerators and freezers. Read more.

Leave a Reply

Your email address will not be published. Required fields are marked *