There are more than 80,803 small businesses or even large corporations go into bankruptcy every year. “Further accelerating our economic recovery, we are announcing $250 million in Back to Business grants to help small businesses all across Illinois hire back staff and cover operating costs. For them this program is coming just in time. Phase I Release 1 Topics: Topic Webinar, week of. "Community businesses across Illinois continue to be impacted by the pandemic, and grant programs like B2B will give thousands of entrepreneurs much needed support," said Brad McConnell, CEO of Allies for Community Business. "Just months after receiving the grant, we scaled our online shop to deliver 750 pies nationally. Coronavirus Urgent Remediation Emergency (CURE), Illinois Historic Preservation Tax Credit Program, Back 2 Business economic recovery grant program, Outreach to hard-to-reach or underserved businesses to raise awareness of opportunities for federal or state support, 1-on-1 technical assistance to small businesses to help them understand eligibility and apply for economic support, Share information on small business barriers with DCEO to ensure programming is accessible. The Small Business Administration works with different organizations to The first in a series of economic recovery programs set to launch by the administration, B2B will offer small businesses access to funds that can help offset losses due to COVID-19, bring back workers, and take continued steps to rebuild amid the fallout from the pandemic. "Today, in partnership with the General Assembly, I'm taking another step to stimulate economic growth, jobs, and new opportunity for the people of Illinois," said Governor JB Pritzker. Minority-owned businesses face a unique set of challenges when it comes to securing adequate funding for their small businesses and organizations. "The DCEO Community Navigator program works for two reasons. Mishawaka-based Franciscan Health preparing Hammond hospital for transformation August 31, 2021 – By Larry Avila It looks like your browser does not have JavaScript enabled. IBC CDC is a non-profit organization established in 2001. "Like all of us, small business owners suffered unimaginable stress over the past year, but the losses our small businesses experienced have put a tremendous strain on growing local economies. You will need to get votes to win, so it helps to have a strong social network. Illinois small business grants can be given for a variety of reasons, such as for start up capital for small business owners who are looking to develop a business in a neglected part of town. Government Grants 2021/2022. "I applaud Governor for listening to our concerns and coming up with a program that truly works for disproportionately impacted businesses and communities. While many business types and industries may apply, businesses in the following industries will be given priority status for grants: restaurants and taverns; hotels; arts businesses and organizations; and more. To support small businesses in downstate and rural counties across Illinois, DCEO is repurposing $20 million in CDBG funds to stand up the Downstate Small Business Stabilization Program. However, in 2020 the quest to find grants for small businesses to grants for women to small business stimulus grants increased significantly. LISC Small Business Relief Grant. 138 0 obj <> endobj Found inside – Page 108INSTRUCTION LET THE GOVERNMENT FINANCE your new or existing small business. Grants/loans to $500,000 yearly. Free recorded message: (707) 448-0270. As part of Governor JB Pritzker’s overall economic recovery strategy, the $250 million Back to Business (B2B) grant program aims to deploy small businesses recovery grants for those hit hardest by the COVID-19 pandemic. Springfield Branch Office. Small business owners can also apply for grants to bring badly needed services to a town that is desperate need of them. endstream endobj 139 0 obj <. 0 The Illinois Department of Commerce & Economic Opportunity announced the Back to Business … DCEO is making $250 million available for small businesses across the state experiencing significant losses due to COVID-19. (WSIL) – Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) announced the $ 250 million Back to Business (B2B) grant program on Wednesday to support the continued recovery of small businesses across Illinois. 157 0 obj <>/Filter/FlateDecode/ID[<99580088CAF77B4E8FAB5AC049E164FF><0769823BF8952341B52B77CABE7EA06D>]/Index[138 31]/Info 137 0 R/Length 90/Prev 112767/Root 139 0 R/Size 169/Type/XRef/W[1 2 1]>>stream EDWARDSVILLE — The COVID-19 pandemic has taken its toll on small businesses throughout the nation, but there is some good news during National Small Business Week (Sept. 12-18). "As one of thirteen Community Navigator hubs across the state of Illinois, we look forward to working with regional partners to assist with outreach and technical assistance to ensure programming and financial assistance is accessible amongst small businesses, hard-hit industries, and disproportionately impacted businesses. A total of 100 grants in Chicago and Cook County and 500 grants overall will be awarded in May 2021 to Black, Indigenous and People of Color (BIPOC)-owned small businesses. Found inside – Page 5There is much to celebrate about small business: 1. ... money on payroll would be forgiven the loans, effectively turning them into tax-payer funded grants. The Back2Business Program, administered by the Illinois Department of Commerce and Economic Opportunity, is expected to distribute $300 Million in economic relief to small businesses to help offset losses related to the COVID-19 pandemic. All finalists will receive a free year of Nav Business Boost, valued at $468. SBA Sponsored. Moreover, a record 40 percent of grants were awarded to minority-owned businesses - a testament to the work of the community navigators program piloted to help reach more underserved businesses in minority and rural communities across the state. h�bbd``b`�$��y �"�@`n�` g@�~� �8 "The Back to Business grant program is exactly the boost our most vulnerable businesses need in order to rebound from the challenging times we've recently experienced," said State Representative Sonya Harper (D-Chicago). African-American Startup Grants, Management, Small Business February 18, 2021. Webinar 1: Topics 01 – 23 Slides In June of 2014 over 1.5 million dollars was earmarked for Women’s Business Ownership Assistance. Found insideThis book explores the pros and cons of the Affordable Care Act, and explains who benefits from the ACA. Readers will learn how the economy is affected by the ACA, and the impact of the ACA rollout. ", "Cook County is honored to be a recipient of DCEO's Community Navigator Grant as a part of the State's Back to Business initiative. This volume discusses the Americans with Disabilities Act (ADA) and the rights it guarantees to those with disabilities including employment, transportation, public accommodations, government services, telecommunications, and access to ... Internet marketing in 2021 took a totally different turn in varying degree of what it always used to be back in the day. But keep in mind that the more popular a grant is, the more applications it will tend to receive – and the better your application will need to be. The U.S. Small Business Administration (SBA) The SBA is an agency of the U.S. federal government whose purpose is to help entrepreneurs and small business owners in the United States succeed. Found inside – Page 7-5... from overfunding plans, underfunding plans, and sometimes funding just right. ... benefit plans has begun to reverse for profitable small businesses. Registration Required. Underserved businesses may find resources difficult to access, or simply be unaware of services and resources available. October 16, 2021. Small business owners can also apply for grants to bring badly needed services to a town that is desperate need of them. AUG 13th - The Illinois Department of Commerce and Economic Opportunity launched the Back to Business grant program for struggling small businesses on Wednesday. Illinois politicians can partner with the small business community to enact policies that will help small businesses through this pandemic, reduce unemployment in our state, grow the Illinois workforce and generate revenue. Found inside – Page 111LET THE GOVERNMENT FINANCE your new or existing small business. Grants/loans to $500,000 yearly. Free recorded message: (707) 448-0270. Many small and local businesses have been devastated by the COVID-19 pandemic. Businesses must also provide two bank statements, a business owner ID, and federal tax returns for 2019 and 2020. Today, Governor Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) announced the $250 million Back to Business (B2B) grant program to support the continued recovery of small businesses across Illinois. As part of Illinois' COVID-19 economic recovery program, the $250 million Back to Business (B2B) grant program supports the recovery of small businesses in the hardest hit industries; grants of $5K-$150K can help offset losses, bring back workers, and take continued steps to … Chicago, IL. Found inside – Page 1341Critique of NDI (Nutrition Dynamics International) business plan (dated Feb. ... industry problems (price fixing, fake labels), new technologies. Second, the program works because it relies on trusted community partners to help underserved and underrepresented businesses secure the financial support they need to recover and thrive into the future," said Christopher Merritt, Executive Director, Illinois Institute for Rural Affairs. ", "Throughout the pandemic, providing support to our small businesses has been a priority, starting with the BIG program last year and continuing on with the Back to Business program now," said State Senator Cristina Castro (D- Elgin). It is a brand-new recovery effort for small business owners across the state, with a focus on underserved businesses including minority, rural, veteran, and women-owned businesses. Please turn on JavaScript and try again. "The Back to Business grants will provide capital for some businesses and a lifeline for others," Pritzker said. Fortunately, small business grants provide free money to support minority entrepreneurs and their communities. The leading Business Financial Management platform, Nav has been used by 1 million business owners in the U.S to monitor and build their business and personal credit and explore more than 100 different financing products including a variety of loans and credit cards. Phase I Release 1 Release 2; Topics Issued. Best Small Business Grants of 2020 EIDL and PPP LISC's Small Business Relief Grant The Barstool Fund Made for More Small Business Contest GoFundMe Small Business Relief Fund Fax: 312-886-5688. Make it your reality! The B2B grant program builds on the success of last year's Business Interruption Grant (BIG) program – an equity focused business relief program, which directed $290 million to 9,000 businesses in 98 communities across Illinois. For more information on B2B, how to apply and where to access small business assistance, please visit dceo.illinois.gov. Found inside – Page 2501HB - 2147 INCOME TAX - SCHOOL FUNDING HB - 2681 INS CD - RATE 15 ... HB - 0291 SMALL BUSINESS DEVELOP / DCCA HB - 2655 SMALL BUSINESS DEV ACT / DCCA HB ... The program is intended to support businesses who are hardest hit by the pandemic and are key to Wisconsin making a strong recovery. Illinois small business grants can be given for a variety of reasons, such as for start up capital for small business owners who are looking to develop a business in a neglected part of town. Learn how to provide exemplary service to incarcerated individuals in prisons, jails, and youth detention centers. Found inside – Page 159NW Suite 700 Washington , DC 20005 ( 2021 347-8000 Chairman of the Board HERBERT ... Inc Chicago , Illinois ALVIN MURSTEIN Medallion Funding Corporation New ... Community Navigators will be tasked with informing the Illinois business community of state small business relief grants, as well as federal support available from the Small Business Administration and U.S. Treasury. Several Northern Indiana farms were among the more than 70 presented with a 2021 Hoosier Homestead Award. September 2021 Best Small Business Grants for 2021 (by Categories) If you’re looking for a shortcut on grant applications, we’ve listed the best grants per category to shorten down on the research time needed. The STEP grant program has helped thousands of small businesses obtain grants and find customers in the international marketplace since 2011. This situation is unacceptable and is about to change with this new program that focuses on helping businesses in industries severely affected by the pandemic. The program deployed $580 million to small businesses and childcare providers across the state - including over 9,000 small business grants awarded through DCEO. However, small business loan amounts can go as low as $2,500, and interest rates can skyrocket to around 80%. Community Navigator assistance may include applying for Economic Injury Disaster Loans, Shuttered Venues Operators’ Grants, Restaurant Revitalization Grants, traditional SBA loans, and opportunities such as Back 2 Business economic recovery grant program from the Department of Commerce and Economic Opportunity. Welcome to USGrants.org - your "go-to" portal for government grants and funding opportunities in the United States. �&�k``� r������������G�� 5!�A���&Y�S��L��˙����n0�2�a`����W��&V�i5@���A� n'�v �D .\� The new $250 million rolling grant program builds on last year’s Business Interruption Grant (BIG) program. Grants and announce the city’s upcoming small-business grants. Who can apply for it? West Side United will distribute $10,000 grants to 45 businesses. Written by a seasoned librarian and an education leader, this book guides librarians in becoming leaders in their school communities, with strategies on developing partnerships, empowering students and more. 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