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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

SBAC President: Chicago Politicians Must Choose Small Business Over Politics

By growthzone | June 4, 2021

SBAC President Elliot Richardson writes in Crain’s Chicago Business that Chicago politicians must choose small businesses over politics and cut needless red tape now.                 Please translate this page to the language of your choice. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald…

Post Pandemic Real Estate Trends

By growthzone | June 3, 2021

The SBAC presents a webinar on Post-Pandemic real estate trends. Elliot Richardson, President, SBAC Frank Binetti, Inland Bank Steve Horvath, Conlon Commercial Anthony Zeoli, Freeborn & Peters, LLC   Please translate this page to the language of your choice. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva Daily Herald Tandem HR Interprenet…

SBAC Action Call – Urge Chicago Aldermen to Cut Unnecessary Red Tape

By growthzone | June 2, 2021

Urge Chicago Aldermen to Cut Unnecessary Red Tape! Chicago politicians must put small businesses and Chicago’s economic recovery over politics. There has never been a more important time for policymakers to work together to cut unnecessary red tape that hurts small businesses and local communities. Small businesses presently need Chicago’s City Council to approve their…

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