The Business Interruption Grant (BIG) program is a $636 million program developed by Governor Pritzker and the Illinois General Assembly to provide economic relief for small businesses hit hardest by COVID-19. BIG leverages federal funding provided by the CARES Act to help offset COVID-19 related losses for Illinois small businesses.
BIG is the largest program of its kind in the nation – leveraging federal CARES Act funds to establish economic recovery programs: over $270 million for small businesses, and another $270 million exclusively for childcare providers, administered jointly by DCEO and IDHS.
Funding may be used to help businesses with working capital expenses, including payroll costs; rent; utilities; and other operational costs as defined in the eligible cost list found below.
Important Application Updates: Applications for a second round of funding are now live. A total of $220 million will be made available for small businesses of all types in Illinois. If you have questions or are experiencing technical difficulties, please submit a question to the BIG Helpdesk via the following forms for assistance with your application in either English or Spanish. Applications will be reviewed on a rolling basis, with funding priorities outlined below. Please take care to submit a complete and correct application. Additional time needed to submit will not impact your eligibility or chances of receiving a grant.
CLICK ON THE LINK FOR DETAILS: https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/C19DisadvantagedBusGrants.aspx
