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!
Regulatory Sunset Act Amendment to Help Local Businesses and Entrepreneurs
We did it! Legislation amending the Regulatory Sunset Act passed the Senate unanimously! This bill lowers barriers for licensed applicants while still addressing genuine public safety concerns. After passing in the House – it now moves on to the Governor. Click here to read more about the bill. SPONSORS Fifth Third Bank Saul Ewing Arnstein…
REVITALIZATION IN THE NEWS: West Garfield/Chatham Pop!
“The activation of underutilized West and South side properties is a key strategy to revitalize neighborhood commercial corridors with active, people-oriented activities,” Commissioner Cox said. The City of Chicago announced on Thursday, the creation of two new public plazas located in West Garfield Park and Chatham. These projects are a part of the Department of…
You’re Invited to The Rebound!
The SBAC and A Safe Haven are thrilled to invite you for a LIVE and IN-PERSON evening you won’t forget! It will be our first big live event of the year, and with the mask mandate now lifted, we hope to see many of you face-to-face once again. Join us to celebrate the culmination…
