Skip to content

Back to Business Grants Action Call

+ACTION CALL

Illinois Policymakers Should Support Small Businesses

The pandemic and COVID-19 mitigations began inflicting immense damage to small businesses in March 2020.  Thousands of small businesses initially applied for Illinois Business Interruption Grants.  While these grants helped some small businesses, approximately 80% of applicants were not awarded a grant.

Illinois then received over $8 billion in American Rescue Plan Act funds.  However, only $250 million was allocated to the new grant program for struggling small businesses.  These funds will likely be exhausted before many eligible businesses receive grants.  With billions of ARPA funds remaining, policymakers should allocate an additional $300 million for grants to struggling small businesses.

Illinois politicians should finish what they started.  They should replenish the Back to Business grant program and promptly get funds to struggling small businesses, some of whom have waited almost two years for a grant to help offset the damage caused by the pandemic and mitigations established to curb the spread of COVID-19.

Please fill out the call to action below and ask your legislators to support struggling small businesses.  Thank you for supporting the small business community!

Insights Archive

5/3 Bank – Insights

By Nic | November 15, 2024

5/3 Bank – Insights We all need more “Insight” into what makes a business successful and how to get there. We are proud to highlight our partner, 5/3 Bank, and their professional insight into achieving financial success. Follow this link to view all of 5/3 Bank’s Insights or view snippets of the three most relevant…

PNC Bank – Insights

By Nic | November 15, 2024

Insights from PNC Bank We all need more “Insight” into what makes a business successful and how to get there. We are proud to highlight our partner, PNC Bank, and their professional insight into achieving financial success. Follow this link to view all of PNC Bank’s Insights or view snippets of the three most relevant…

Byline Bank – Insights

By growthzone | November 11, 2024

Byline Bank’s Insights We all need more “Insight” into what makes a business successful and how to get there. We are proud to highlight our partner, Byline Bank, and their professional insight into achieving financial success. Follow this link to view all of Byline Bank’s Insights or view snippets of the three most relevant and…

Scroll To Top