As part of Illinois’ COVID-19 economic recovery program, yesterday Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) launched the $250 million Back to Business (B2B) grant program to support the continued recovery of small businesses across Illinois.
The first in a series of economic recovery programs by the administration, B2B will offer the hardest hit industries grants of $5K-$150K to help offset losses, bring back workers, and take continued steps to rebuild amid the fallout from the pandemic.
To reach the businesses most in need, DCEO will work alongside over 100 community navigators, 42 Small Business Development Centers (SBDCs) and other outreach partners who have relationships with their local business community. These partners stand ready to help small business prepare and apply for funding with 1-on-1, and multilingual assistance in every region of the state.
While the State announced the program this week, we are providing businesses with application information early to provide them with a jumpstart in preparing before the application formally opens on August 18, 2021.
Locate a local community navigator to help you prepare and apply.
Learn more about B2B, requirements and how to apply.