Small business grant funding deadline approaching

The Department of Commerce and Economic Opportunity has made $25 million in B2B NewBiz grant money available, but applications must be received by Thursday January 11.

The program is directed toward small businesses which were launched in Illinois in 2020 and 2021, a time in which starting up a new business was even more difficult than under normal circumstances. It is meant to help generate the kind of economic foundation for a challenged new business that would have been generated under better circumstances by startup cashflow.

DCEO has set up a network of community navigators to provide grant application and other assistance to applicants. For more information on the program and how to apply, please click here.