DCEO Announces $25 Million in Grant Funding Through Back to Business NewBiz Program

 

 

 

 

 

 

 

 

The Illinois Department of Commerce and Economic Opportunity has announced $25 million in available grant funding through the Back to Business (B2B) NewBiz program.

Following state recovery programming for businesses totaling $1.5 billion, the latest American Rescue Plan Act (ARPA)-funded opportunity is designed to provide additional support for businesses in hard-hit sectors who launched during the pandemic. Businesses that launched in 2020 or 2021 and remain in operation have faced significant impacts during the pandemic, but they have not been eligible for other federal or state relief programming since they were not operational prior to the pandemic.

Applicants are encouraged to visit b2bnewbiz.com to learn more and apply from November 30, 2023 – January 11, 2024.

Learn more here: https://b2bnewbiz.com/

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