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!
PPP Funding Webinar for Businesses and Nonprofits
PPP Funding Webinar for Businesses and Nonprofits SBAC President Elliot Richardson looks forward to participating in a webinar with Congressman Brad Schneider focused on PPP and EIDL funding opportunities for small businesses and nonprofits. Elliot will speak about opportunities and initiatives that can help the small business community recover from the pandemic. Congressman Schneider will have…
Legislation to Help Black Owned Businesses Receive a Fair Share of State Contracts
READ H.B 2629 HERE TAKE ACTION Black Owned Businesses Deserve Access to Government Contracts Illinois has failed Black and African American owned businesses by failing to provide them access to state contracts. For too long, they have been denied a fair share of state contracts and revenue. Legislation has been filed to ensure Black and…
Small Business Community Provides Senator Murphy Crucial Input on Business Interruption Grants
CHICAGO, IL – Senator Laura Murphy conducted a meeting with the Small Business Advocacy Council, small business owners and local chamber executives to discuss their experiences with Business Interruption Grants. Many attendees expressed concern and frustration regarding the manner by which BIG grants were awarded. Communication breakdowns impacted small businesses and left them hanging in…
