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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

Small Business Advocacy Council Applauds Niles Township Job Skills Development Grant Program

By growthzone | July 8, 2021

Small Business Advocacy Council Applauds Niles Township Job Skills Development Grant Program “It is uplifting to see Niles Township take a proactive approach to help their businesses and residents recover from the pandemic. This program is an excellent example of how local governments can help spark economic development by supporting small businesses and creating good…

The REST Act Supports Small Businesses! (H.R.3725)

By growthzone | June 28, 2021

The REST Act Supports Small Businesses! (H.R.3725) The SBAC is strongly supporting legislation filed by Representative Newman designed to cut taxes on entrepreneurs and small businesses across the country. The Relief and Equity for Small Businesses through Tax (REST) Act adjusts Section 199A of the Internal Revenue Code to increase the deduction of qualified business…

SBAC Sponsors Run to End Homelessness

By growthzone | June 22, 2021

July 17th – July 25th The SBAC is proud to sponsor A Safe Haven’s Run/Walk to End Homelessness! This is a virtual event where you can Run or Walk and choose your distance. We would love for you to join the SBAC Team and run/walk with us.  Help us raise money to fight to end…

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