Illinois B2B NewBiz Grant Program

Details

Illinois B2B NewBiz will provide financial relief to businesses that started during the pandemic in the industries most impacted by the pandemic. Businesses that started during the pandemic have not been eligible for state grants and most federal emergency support provided for emergency relief to small businesses thus far. Here's how this program works:

• Started operations between January 1, 2020, and December 31, 2021.
• Had gross receipts of at least $25,000 and up to $20,000,000 in 2021 (annualized if started during 2021).
• Currently active operations in Illinois.
• Have not received a Back to Business (B2B) grant prior to 2023.
• Must meet one of the following two criteria: The business or nonprofit is in a priority industry as defined for the previous Back to Business program or the business is majority owned by an individual or individuals that became eligible for and received unemployment insurance benefits – including from Pandemic Unemployment Assistance (PUA) – between March 13, 2020, and the date the business began operations.
• Apply by January 11, 2024