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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

Illinois Announces Back To Business Grant Program – SBAC Testifies at Joint Committee Hearing

By growthzone | August 13, 2021

Back to Business Grant Program AUG 13th – The Illinois Department of Commerce and Economic Opportunity launched the Back to Business grant program for struggling small businesses on Wednesday.  On August 12th, the SBAC participated in a joint Illinois Senate hearing to learn more about the program. We explained how important it is for the…

How small businesses are being impacted by the rise in COVID-19 cases

By growthzone | August 6, 2021

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IACCE Chamber Call with Senate President Harmon

By growthzone | August 4, 2021

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