State of Illinois Business Interruption Grants: An Update with DCEO Director Erin Guthrie
Small businesses are facing an unprecedented disruption as a result of COVID-19. In order to support and provide economic relief to small businesses hit hardest by COVID-19, Governor Pritzker and the Illinois General Assembly developed the Business Interruption Grant (BIG) program. Small businesses experiencing hardship are eligible to receive a BIG grant to use toward working capital expenses, including payroll costs, rent, utilities, and other operational costs.
Join the Chicagoland Chamber of Commerce and Illinois Department of Commerce & Economic Opportunity (DCEO) to learn more about the grants and application process.
To date, DCEO has already awarded 4,000 grants across Illinois, with an average grant size of $23,000. Additional funding remains, with grants available in amounts of up to $150,000. Details and eligibility guidelines can be found online at DCEO.Illinois.gov.
Director, Illinois Department of Commerce & Economic Opportunity
Policy Development, Planning, & Research, Illinois Department of Commerce & Economic Opportunity
President & CEO, Chicagoland Chamber of Commerce
Registration is required to join this event.