The Back to Business (B2B) grant program provides recovery grants for
\nbusinesses in the hardest-hit industries. \; Through the state&rsquo\;s B2B and
\nBusiness Interruption Grant (BIG) Programs\, DCEO has provided more than
\n$535 million to more than 15\,000 businesses since the start of the pandemic.
Eligible restaurants\, hotels and creative arts businesses are eligible to apply
\nfor $175 million in available grant funding as part of our efforts to support
\nongoing recovery in hard-hit industries. All applicants will receive a grant as
\nlong as they meet eligibility requirements\, submit proper documentation and
\nattestations required by the program. \;
The program design for B2B Restaurants\, B2B Hotels\, and B2B Arts\, respectively\,
\nare based on legislation which established the Restaurant Employment and
\nStabilization Grant Program (20 ILCS 605/605-1100)\, Hotel Jobs Recovery
\nGrant Program (20 ILCS 605/605-1095)\, and the Illinois Creative Recovery
\nGrant program (30 ILCS 709/40).
Applications will be open between April 5 and May 10\, 2023. \;DCEO encourages
\napplicants to familiarize themselves with program eligibility requirements and reach
\nout to local community navigators with any questions. \;
\n
\nThe Schaumburg Business Association is equipped to assisst you with any questions\, or completing the application. \; (847) 413-1010
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A brief summary of program information can be found here:
\n\n| \; | \nB2B RESTURANTS | \nB2B HOTELS | \nB2B CREATIVE ARTS | \n
|---|---|---|---|
| Funding Available | \n$50 million | \n$75 million | \n$50 million \; | \n
| Award Range | \n$5\,000-$50\,000 | \nUp to $1\,500 per room | \n$5\,000-$250\,000 | \n
| Impact of Receiving Prior Award | \n\n Ineligible if business received any prior state relief funding (B2B\, BIG\, RRF) or more than 10K in local funding \; \n\nBusinesses who received federal funding\, including PPP \;are eligible. \n | \n Amount of state or local grants received deducted from overall award amount. | \nGrant based only on 2021 losses for businesses that received prior state relief funding (BIG or B2B) | \n
| Spending Guidelines | \nFlexible spending to support losses | \n80% for payroll related costs\; 20% flexible spending \; | \nFlexible spending to support losses | \n
| Examples of Eligible Businesses (detailed eligibility requirements can be found in the documents below) | \n\n
| \n \n
| \n \n
| \n
B2B Restaurants
\n\nB2B Hotels
\n\nB2B Arts
\n\nB2B Restaurants
\n\nB2B Arts
\n\nNote: additional language translations are anticipated to be posted by March 24\; please check back for updates.
\nB2B Resturants
\n\nB2B Hotels
\n\nB2B Arts
\n\n
\n
\nFull information with updates can be found here. \;
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