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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!

Insights Archive

Breaking Barriers: How Tax Incentives Empower Employers to Hire Reentry Populations and Transform Communities

By emma@sbacil.org | September 23, 2024

SBAC INSIGHTS PAGE Breaking Barriers: How Tax Incentives Empower Employers to Hire Reentry Populations and Transform Communities “The passage of the $1,500-$7500 tax incentive for employers to help subsidize hiring people from reentry populations is a great way to help integrate people who are highly motivated populations excited to get their lives back on track…

Saul Ewing: Key Employment Law Changes and Regulatory Developments

By emma@sbacil.org | September 18, 2024

SBAC INSIGHTS PAGE We’re excited to share some insightful articles from our valued partner, Saul Ewing LLP, that cover important developments in employment law and regulatory updates. These resources provide valuable information for our SBAC members and are a great way to stay informed about recent legal changes and their potential impact on your business.…

Don’t Miss the Legislative Panel on September 26th

By emma@sbacil.org | September 17, 2024

SBAC INSIGHTS PAGE The Small Business Advocacy Council and NAWBO Chicago are hosting a special Legislative Panel Discussion on Thursday, September 26th, at 8:30 AM, at Hera Hub Chicago (405 W Superior Street, Room 200C). Our engaging panel will feature prominent state legislators, including State Representative Robyn Gabel, State Senator John Curran, and State Senator…

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