Apply Today for the Illinois Back to Business New Business Grant Program (B2B NewBiz)
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.
Illinois B2B NewBiz will provide sub-awards ranging from $5,000 to $30,000 based on whether the business is home-based or brick-and-mortar, and the amount of time the business was in operation during the pandemic
Eligibility Requirements:
To be eligible for a grant award under Illinois B2B NewBiz, for-profit businesses and nonprofit organizations must meet all the criteria listed below:
- 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.
– Business Interruption Grant (BIG), Back to Business (B2B) Grant issued prior to 2023, Shuttered Venue Operators Grant (SVOG), or Restaurant Revitalization Fund Grant (RRF). - 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.
A list of priority industries and their definitions. - 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.
Application Deadline:
Find out of if your business is eligible and apply before January 11, 2024: https://b2bnewbiz.com
Program Ambassadors:
