Illinois Launches Back to Business (B2B) NewBiz Program
The application window for the B2B NewBiz program opens on November 30, 2023, and will remain open until January 11, 2024.
The Small Business Advocacy Council has advocated for a program that provides grant funding to businesses that launched in 2020 (prior to the pandemic) and in 2020 and 2021 after the pandemic began. Governor Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) have launched the Back to Business (B2B) NewBiz program, which allocates $25 million for grants to businesses that launched in 2020 and 2021 in certain industries, or businesses started by people that became unemployed during the pandemic.
Details about the grant program, including eligibility and grant sizes, can be found here.
The SBAC will continue to provide important information about funding opportunities for small businesses.
Check out more small business grant opportunities here!
Proposed Chicago Ordinances That Will Impact Small Businesses (Camera & Sign)
Proposed Chicago Ordinances That Will Impact Small Businesses June 24, 2025 Chicago’s small and local businesses drive the city’s economy, foster economic development, create jobs, and support local communities. This blog highlights two proposed ordinances that will impact the small business community. There is a recently filed ordinance that will require all licensed businesses…
Proposed Ordinance Supports Outdoor Dining
City Council Passes Ordinance Supporting Chicago Outdoor Dining and Reducing Red Tape Chicagoans love to eat outdoors, and the Chicago City Council just passed an ordinance that will support the restaurants that make it happen. The Chicago City Council has passed an ordinance that will offer two-year sidewalk café permits to reduce red tape for…
Job Creation Tax Credit Bill That Supports Small Businesses Moves Out of Committee
Bill That Supports Small Businesses Moves Out of Committee The small business community scored a big win when the Small Business Job Creation Tax Credit Act advanced out of the House Revenue and Finance Committee. This legislation will support small businesses by establishing $2500.00 tax credits for businesses with 50 or fewer employees that hire…
