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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

Chicago businesses are feeling the effects of supply-chain slowdowns

By growthzone | November 24, 2021

“Small businesses are just having a tremendously difficult time getting the supplies that they need to run their business, and, of course, this is even more concerning with the holiday season approaching,” said Elliot Richardson, president of the Small Business Advocacy Council in Chicago. He said the supply-chain problems are impacting all kinds of retailers.…

IACCE Conversation with Speaker of the House, Chris Welch

By growthzone | November 23, 2021

The SBAC’s Elliot Richardson had the distinct pleasure of moderating the IACCE – Illinois Association of Chamber of Commerce Executives call with Emanuel Chris Welch and Office of State Representative Carol Ammons last Friday. Watch the entire conversation addressing issues such as Back to Business Grants Workforce Development Unemployment Trust Fund Child Care Tax Credit/Grant…

REVITALIZATION IN THE NEWS : South Shore

By growthzone | November 18, 2021

REVITLIZATION IN THE NEWS Residents in the South Shore are taking revitalization into their own hands, revitalizing vacant spaces in their community.   Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including neighbors taking a redevelopment project into their own hands and more.  …

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