- Published: Friday, April 08, 2022 02:10 PM
Dear Friend,
The COVID-19 pandemic has shaken society at every level, but it's been especially tough on small enterprises who are doing everything they can to stay safe while also trying to conduct business. To help, the Illinois Department of Commerce and Economic Opportunity (DCEO) has launched the second round of the Business Interruption Grant (BIG) program.
Earlier this year, approximately 2,800 businesses across the state received a combined $49 million in the first round of BIG funding. In this second wave, DCEO will distribute an additional $220 million in grants ranging from $5,000 to $150,000, with special consideration for the businesses and areas hit hardest during this crisis.
Industries that have been most affected by closures and social distancing requirements – including movie theaters, event venues, indoor recreational facilities and more – will receive priority.
Of the total available funding, $70 million has been set aside for businesses in disproportionately impacted areas, or the ZIP codes facing the greatest economic distress as a result of the COVID-19 pandemic. In the 16th District, businesses located in the 60459, 60619, 60620, 60621, 60636, 60637 and 60652 ZIP codes qualify for this aid.
Eligible businesses and nonprofits include those who made $20 million or less in annual revenue in 2019. Applicants must also be able to demonstrate losses due to COVID-19 in excess of the grant amount.
The application is available here, along with an application checklist, a list of eligible costs and other helpful resources. For additional information, check out this FAQ or submit your question via digital form in English or Spanish.
Feel free to forward this information to a small business owner you know – it’s important that we spread the word about all available resources to help get our community back on its feet.
Sincerely,
Jacqueline Collins
State Senator, 16th Illinois Senate District