config

Small businesses in Cunningham’s Senate district to receive nearly $700,000 in state business interruption grants

Published: Friday, August 14, 2020 05:31 PM

cunningham 052320CHICAGO – Businesses in Chicago and the southwest suburbs that have been hit the hardest by COVID-19-related closures and operating changes are set to receive $680,000 in special relief grants, State Senator Bill Cunningham announced today.

“This Business Interruption Grant program is so important for small businesses that have done everything right by putting the health and safety of their customers and employees first during this pandemic,” said Cunningham, a Democrat who represents portions of Chicago and the southwest suburbs. “I’m hopeful this first round of grants will help the businesses that make our communities unique.”

The grants are the first round of the Business Interruption Grant (BIG) program. The state program will award these grants to a variety of businesses, with top priority to those hit hardest by the COVID-19 pandemic.

The grants are distributed in awards of $10,000 or $20,000 and can be used to help businesses with expenses like payroll costs, rent, utilities, equipment and other possible unexpected costs to relieve the effects of the pandemic, such as PPE, training, and new technology.

“This pandemic has hit small retailers, independently-owned gyms, and hospitality businesses like bars and restaurants especially hard,” Cunningham said. “That’s why the program is ensuring that these businesses are the priority when grants are being awarded.”

Villanueva celebrates first round of small business grants, urges more businesses to apply in the future

Published: Friday, August 14, 2020 05:27 PM

smallbizopen2 052820CHICAGO – The state released $46 million in Business Interruption Grants to more than 2,500 local businesses in the first round of the program, which is intended to help businesses hit especially hard by pandemic-related closures and restrictions. State Senator Celina Villanueva (D-Chicago) is urging more business owners to apply for the next round.

“I was happy to see more than 50% of this round of grants go to businesses owned by people of color in particularly hard hit areas,” Villanueva said. “These grants will go a long way to help businesses struggling from the COVID-19 outbreak, especially for the many business owners who couldn’t qualify for federal aid in communities like the one I represent.”

In the 11th Senate District, 42 businesses received $770,000 in aid. First round BIG grants range from $10,000 to $20,000 and will be used to help businesses cover payroll costs, rent and utilities. The funds may also be used to cover pandemic-related expenses, such as masks and other protective equipment, training, and new technology. Recipients were selected via a random lottery.

Before the next round of grants, the Department of Commerce and Economic Opportunity is providing technical assistance to support entrepreneurs who need help applying, especially in communities of colors. They will work through community partners, including the Illinois Business Immigration Coalition, The Resurrection Project, and the Chicago Urban League.

“We all know the truth is the pandemic has hit Latinx and Black communities especially hard, especially in the city,” Villanueva said. “Businesses in our communities often have less resources and less experience navigating government programs. I urge local businesses who need help to work with these community navigators to apply for the next round of grants.”

DCEO expects to launch the next round of applications soon.

Joyce commends area businesses receiving recovery grants

Published: Friday, August 14, 2020 05:23 PM

reopen barber 051420PARK FOREST – A total of 26 local businesses have been awarded a combined $480,000 in grants through the Business Interruption Grant (BIG) program, prompting State Senator Patrick Joyce (D-Park Forest) to extend his congratulations to the recipients.

“Small businesses give so much to our community, but right now they are struggling to stay afloat,” Joyce said. “BIG grants can help these establishments move one step closer to financial recovery.”

The Illinois Department of Commerce and Economic Opportunity awarded a total of $46 million to 2,655 small businesses in the first round of BIG funding. The BIG program offers grants to Illinois restaurants and bars, barbershops and salons, and fitness centers that have suffered pandemic-related losses, with a focus on businesses in the hardest-hit areas of the state.

First round grants range from $10,000 to $20,000 and may be used to help businesses with working capital expenses, including payroll costs, rent and utilities. The funds may also be used to cover pandemic-related expenses, such as personal protective equipment, training and new technology.

“I am committed to supporting relief efforts so businesses affected by this crisis can come out on top,” Joyce said. “I encourage any area business searching for financial relief to apply for future rounds of Business Interruption Grants.”

To ensure ongoing support for Illinois small businesses, the State of Illinois has planned future rounds of funding. The BIG program is the largest state-run economic support program formed in response to the COVID-19 economic downturn. The full list of grant recipients is available here.

Bennett highlights local businesses selected to receive Business Interruption Grants

Published: Friday, August 14, 2020 05:18 PM

biz reopen 051520DANVILLE – State Senator Scott Bennett (D-Champaign) extended congratulations to five small businesses that have been awarded a combined $100,000 in grants through the Business Interruption Grant (BIG) program.

“COVID-19 has caused so many challenges and uncertainties for our small business community,” Bennett said. “I’m thrilled these businesses were selected to receive BIG grants so they can keep their doors open during these tough times.”

The Illinois Department of Commerce and Economic Opportunity awarded a total of $46 million to 2,655 small businesses in the first round of BIG funding. The BIG program offers grants to Illinois restaurants and bars, barbershops and salons, and fitness centers that have suffered pandemic-related losses, with a focus on businesses in the hardest-hit areas of the state.

First round grants range from $10,000 to $20,000 and may be used to help businesses with working capital expenses, including payroll costs, rent and utilities. The funds may also be used to cover pandemic-related expenses, such as personal protective equipment, training and new technology.

The following Vermilion County businesses received grants:

  • Anytime Fitness, Danville - $20,000
  • Danville Family YMCA, Danville - $20,000
  • Fujiyama Steakhouse, Danville - $20,000
  • Henk’s Bait & Bite, Danville - $20,000
  • Lincoln Lanes, Danville - $20,000

To ensure ongoing support for Illinois small businesses, the State of Illinois has planned future rounds of funding. The BIG program is the largest state-run economic support program formed in response to the COVID-19 economic downturn. The full list of grant recipients is available here.

Follow ILSenDems

Facebook Instagram Twitter YouTube

News Releases

IMAGE Small businesses in Cunningham’s Senate district to receive nearly $700,000 in state business interruption grants
Friday, 14 August 2020
CHICAGO – Businesses in Chicago and the southwest suburbs that have been hit the hardest by COVID-19-related closures...

Read More...
IMAGE Villanueva celebrates first round of small business grants, urges more businesses to apply in the future
Friday, 14 August 2020
CHICAGO – The state released $46 million in Business Interruption Grants to more than 2,500 local businesses in the first round of the program,...

Read More...
IMAGE Joyce commends area businesses receiving recovery grants
Friday, 14 August 2020
PARK FOREST – A total of 26 local businesses have been awarded a combined $480,000 in grants through the Business Interruption Grant (BIG)...

Read More...
IMAGE Bennett highlights local businesses selected to receive Business Interruption Grants
Friday, 14 August 2020
DANVILLE – State Senator Scott Bennett (D-Champaign) extended congratulations to five small businesses that have been awarded a combined $100,000...

Read More...
IMAGE Bennett highlights local businesses selected to receive Business Interruption Grants
Friday, 14 August 2020
DANVILLE – State Senator Scott Bennett (D-Champaign) extended congratulations to five small businesses that have been awarded a combined $100,000...

Read More...