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!
Meet the SBAC Interns – an integral part of the SBAC Team.
Meet the SBAC Interns – an integral part of the SBAC Team. In 2020, we were fortunate to have more than 15 interns supporting our small business initiatives at the SBAC. Hear why they chose to be part of the SBAC Community. And thank you to them all. Please translate this page to…
Chicago’s Cut Red Tape Agenda
CHICAGO’S CUT RED TAPE AGENDA PUBLIC WAY USE SIGN PERMITS Small and local businesses need City Council approval to display a simple sign that protrudes over the sidewalk by less than an inch. The fight to allow small businesses to display signs that protrude over the public way without City Council approval has been ongoing…
Main Street Lending Proposal
SUMMARY The Federal Reserve established the Main Street Lending Program (the “Program“) to help aid small and medium-sized for-profit businesses and nonprofit organizations who were in sound financial condition before the onset of the COVID-19 pandemic and who were unable to get aid under any of the other COVID-19 related relief programs (e.g. under…
