IL B2B New Biz Grant Webinar

Illinois B2B NewBiz grants 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. For full details and to apply, go to www.B2BNewBiz.com

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Illinois B2B NewBiz will provide sub-awards ranging from $5,000 to $30,000  determined 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, as shown in the following table:

The business start date is based on the date the business was incorporated or date on business license. Sole proprietors that started in 2020 whose professional licenses do not reflect a start date will be eligible for $5,000.

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The Schaumburg Business Association will be hosting a Webinar on Friday, January 5 at 9:30am to answer any questions and go through the program.  The application window will close on January 11, 2024.