Illinois Launches Back to Business (B2B) NewBiz Program
The application window for the B2B NewBiz program opens on November 30, 2023, and will remain open until January 11, 2024.
The Small Business Advocacy Council has advocated for a program that provides grant funding to businesses that launched in 2020 (prior to the pandemic) and in 2020 and 2021 after the pandemic began. Governor Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) have launched the Back to Business (B2B) NewBiz program, which allocates $25 million for grants to businesses that launched in 2020 and 2021 in certain industries, or businesses started by people that became unemployed during the pandemic.
Details about the grant program, including eligibility and grant sizes, can be found here.
The SBAC will continue to provide important information about funding opportunities for small businesses.
Check out more small business grant opportunities here!
Daily Herald Business Ledger Articles with SBAC President Elliot Richardson
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Empower Stats!
Empower has been working hard… Over the past 6 months, our mentoring program has blossomed; we’ve been able to help so many Small Businesses! Since January 2023, we’ve seen a 31% increase in our outreach to those in need of help. As proud of we are as our growth, we’re even more proud of our…
