Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) have announced $175 million in available grant funding through the Back to Business (B2B) program.
Following state recovery for businesses totaling nearly $1.5 billion, the latest American Rescue Plan Act (ARPA)-funded opportunity is designed to provide additional support for the hardest-hit sectors, including restaurants (B2B Restaurants), hotels (B2B Hotels), and businesses or organizations in the creative arts sector (B2B Arts).
There is nearly $50 million available in funding for restaurants, $75 million for hotels, and $50 million for creative arts. Awards range from:
- Restaurants: $5,000-$50,000
- Hotels: Up to $1,500 per room
- Creative Arts: $5,000-$250,000
Check out the links below for more specific program information and resources on how to apply once the application portal opens.
The application portal will open on Wednesday, April 5th, and will remain open until 11:59 PM CT on Wednesday, May 10th.