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!
R.I.S.E. Act
READ HB-0801 HERE READ SB-2490 HERE TAKE ACTION Recovery Initiative to Support Employment Small businesses in many industries are struggling and as a result, have no choice but to layoff valued employees. Entrepreneurs and independent contractors in the fields most impacted by the pandemic are also losing their businesses. The COVID-19 pandemic has been unforgiving…
SBAC Women in Business Present Part 2 – Racial Injustice
Post content here. Talking Candidly About Anti-Racism What is My Role, My Business’ Role and the Greater Community’s Role? On July 21st, the SBAC WIB held a very well-received virtual event on better understanding racial injustice. We heard from four engaging and prominent black and brown female panelists who candidly shared their perspectives…
Michael Bempah speaks about Minority Contracting on WVON
Michael Bempah, SBAC Board Member and owner of Pinpoint Precision Engineering, speaks with Perri Small on WVON about minority contracting. The SBAC is pushing forward reforms to help minority contractors receive their fair share of government contracts. These reforms are needed now! To listen to the interview, click HERE. To learn more about our efforts,…