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  • COVID-19

Castro encourages local businesses to apply for second round of grants

Details
Category: Senator Cristina Castro News
Friday, September 18, 2020 02:52 PM
  • Castro
  • DCEO
  • Small Business
  • COVID-19
  • BIG Program

sm restaurant 082120ELGIN – To help small businesses deal with undue economic burden caused by COVID-19, the Illinois Department of Commerce and Economic Development has begun accepting applications for a second round of Business Interruption Grants. State Senator Cristina Castro (D-Elgin) is encouraging local businesses who are struggling financially as a result of the pandemic to apply.

“The past several months have been hard on all of us, and despite shutdown restrictions being eased, many small businesses are having difficulty paying their staff and keeping their doors open and lights on,” Castro said. “Since small businesses are the backbone of our community, I am encouraging businesses owners to apply for the Business Interruption Grants to help ease some of the pressure they’re under due to the COVID-19 pandemic.”

The grants are the second in a series of $636 million in funding for struggling small businesses. Nearly $220 million will be awarded, with a particular focus on downstate businesses, businesses in disproportionately affected areas, and businesses in industries and regions that have been heavily impacted by the pandemic. Businesses outside of these areas are still eligible to apply, but their applications may be reviewed later.

“These grants will help keep people from losing the jobs they’ve worked hard to obtain and shutting down the businesses they’ve worked hard to establish,” Castro said.

Businesses will be informed of a decision regarding their application within four to six weeks of its submission. More information, including eligibility information, can be found on DCEO’s website.

Ellman urges small businesses to apply for round two of BIG Grants

Details
Category: Senator Laura Ellman News
Friday, September 18, 2020 02:36 PM
  • DCEO
  • Ellman
  • Small Business
  • COVID-19
  • BIG Program

ellman 052320NAPERVILLE – As the COVID-19 pandemic continues, small businesses are still facing added financial hardships, and State Senator Laura Ellman (D-Naperville) is urging local businesses to apply for assistance through the second round of Business Interruption Grants.

“The challenges that have been created due to this pandemic are truly unprecedented,” Ellman said. “So many in the community have worked tirelessly to follow the latest guidelines. It’s great to see another round of these grants coming to these well-deserving businesses.”

The BIG Program has allocated $220 million in the second round for movie theatres, performing arts venues, concert venues and more to help them stay afloat through these uncertain times and make sure they have the means to open safely in the coming months.

BIG funds can be used to help businesses cover the costs of payroll, rent, utilities and other working capital during the time they have experienced interruptions due to the pandemic.

To ensure funds are distributed across the state and across business type, $60 million has been specifically allocated for heavily distressed industries, including indoor recreation facilities and amusement parks.

During the program’s first round of funding last month, it granted more than $40 million to small businesses across the state. Businesses in Will and DuPage Counties were awarded over $500,000 in $10,000 to $20,000 grants during the first round.

“These funds have and will continue to give businesses the ability to reopen with the new guidelines and provide a safer environment for employees and customer,” Ellman said.

Applications open tomorrow, Thursday, Sept. 17 and can be found on the Illinois Department of Commerce and Economic Opportunity’s website alongside a full list of criteria.

Hastings: Will County cannot afford another setback

Details
Category: Senator Michael E. Hastings News
Friday, September 18, 2020 02:31 PM
  • Hastings
  • COVID-19
  • Mitigation Measures
  • Region 7

spfld map 091820FRANKFORT – Following the announcement that Region 7 mitigation measures were lifted, State Senator Michael E. Hastings (D-Frankfort) released the following statement:
 
“Three weeks ago, enhanced mitigation measures were placed on Will County and Region 7. Our local businesses and municipalities were forced into an extreme and dire situation. With the hard work and discipline of Will County residents, the COVID-19 infection rate has decreased to a point where the enhanced mitigation measures will be lifted effective at 5:00 p.m. this evening. 

“I want to thank our businesses and chambers of commerce for their feedback and involvement throughout this process. Listening to our local leaders is essential to effective leadership. For those businesses still struggling, I encourage you to visit the Department of Commerce & Economic Opportunity’s website for information on the Business Interruption Grant program. 

“Moreover, I could not be more proud of our people for coming together and taking proper precautions.  As we move forward, our local businesses cannot afford another setback. We must remain vigilant for the sake of economic recovery and public health.”

Van Pelt to Chicago businesses: Apply for BIG grants ASAP

Details
Category: Senator Patricia Van Pelt News
Thursday, September 17, 2020 04:46 PM
  • Van Pelt
  • Small Business
  • COVID-19
  • BIG Program

music venue2 091720CHICAGO — The second wave of Business Interruption Grants opened Thursday, and State Senator Patricia Van Pelt (D-Chicago) is urging eligible businesses to apply.

“As more types of businesses reopen, they, too, are in need of support,” Van Pelt said. “I know these grants won’t solve everything, but it will provide businesses with a chance to recuperate from all the loss they have suffered.”

The second round of BIG funding builds on $49 million in grants awarded statewide in August, where businesses received $10,000 to $20,000 to help with expenses like payroll costs, rent, utilities, equipment, and other possible unexpected costs to relieve the effects of the pandemic. 

This time around, a variety of businesses will receive anywhere from $5,000-$150,000 each, with $220 million in total allocated funds available for statewide distribution.

For heavily distressed industries, such as indoor recreation facilities and amusement parks, $60 million has been specifically allocated to ensure they are not overlooked. Additionally, $70 million has been set aside for businesses located in disproportionately impacted areas (DIA), or low-income areas that have experienced high rates of COVID-19. Businesses located in the 60612, 60624 and 60651 ZIP codes are included in the DIA list. A full list of eligible ZIP codes can be found here.

Eligible businesses are encouraged to apply here.

Gillespie encourages small businesses to apply for round two of BIG Grants

Details
Category: Senator Ann Gillespie News
Thursday, September 17, 2020 04:34 PM
  • Gillespie
  • Small Business
  • COVID-19
  • BIG Program

music venue1 091720ARLINGTON HEIGHTS – As the COVID-19 pandemic continues, State Senator Ann Gillespie (D-Arlington Heights) is encouraging local businesses to apply for assistance through the second round of Business Interruption Grants to combat financial hardships.

“We’re in a time where thousands of small businesses are facing unprecedented economic uncertainty,” Gillespie said. “This program will help provide some stability and give out small businesses a helping hand.”

The BIG Program has allocated $220 million in the second round for movie theatres, performing arts venues, concert venues and more to help them stay afloat through these uncertain times and make sure they have the means to open safely in the coming months.

BIG funds can be used to help businesses cover the costs of payroll, rent, utilities and other working capital during the time they have experienced interruptions due to the pandemic.

To ensure funds are distributed across the state and across business type, $60 million has been specifically allocated for heavily distressed industries, including indoor recreation facilities and amusement parks, and another $70 million has been set aside for businesses located in disproportionately impacted areas, or low-income areas that have experienced high rates of COVID-19. Wheeling businesses may qualify for part of the $70 million. For a full list of eligible ZIP codes, click here.

During the program’s first round of funding in August, it granted more than $40 million to small businesses across Illinois in the form of $10,000 to $20,000 grants.

“The state’s continuing to do what’s necessary and what’s required to help the business community stay afloat,” Gillespie said. “I encourage any small business that is struggling to apply for relief as soon as applications go live.”

Applications open tomorrow, Thursday, Sept. 17 and can be found on the Illinois Department of Commerce and Economic Opportunity’s website alongside a full list of criteria.

Hunter urges Southside businesses to apply for second wave of BIG grants TODAY

Details
Category: Senator Mattie Hunter News
Thursday, September 17, 2020 04:18 PM
  • Hunter
  • Small Business
  • COVID-19
  • BIG Program

jazzclub 091720CHICAGO — During the first wave of Business Interruption Grants Chicago businesses received more than $3 million in financial assistance. The second wave of grants opened Thursday, and State Senator Mattie Hunter (D-Chicago) is urging eligible businesses to apply.

“I was encouraged by the results of the first wave of BIG grants, and I’m hoping that other Southside businesses can receive similar assistance this time around,” Hunter said. “Any business that has faced financial hardships stemming from the pandemic should apply as soon as possible.”

Grants in the first round ranged from $10,000 to $20,000 to assist businesses with expenses like payroll costs, rent, utilities, equipment, and other possible unexpected costs to relieve the effects of the pandemic. 

The second wave of grants will aid businesses such as movie theatres, performing arts venues, and concert venues as well as other for-profit and non-profit businesses with a total of $220 million in allocated funds to help them push through these hard times. 

To ensure funds are distributed across the state and across business types, $60 million has been specifically allocated for heavily distressed industries, including indoor recreation facilities and amusement parks.

Another $70 million has been set aside for businesses located in disproportionately impacted areas, or low-income areas that have experienced high rates of COVID-19, including businesses located in the 60616 ZIP code. A full list of eligible ZIP codes can be found here.

Eligible businesses should apply as soon as possible on the Illinois Department of Commerce and Economic Opportunity’s website.

Local parks to receive more than $1.5 million improvement grants

Details
Category: Senator Scott Bennett News
Thursday, September 17, 2020 04:02 PM
  • Bennett
  • IDNR
  • Park District

kids parkCHAMPAIGN – Four area parks will receive a combined $1.5 million to make major renovations and improvements, State Senator Scott Bennett (D-Champaign) announced Thursday. 

“This investment in our parks is vital because it promotes health, wellness and quality of life to families and older adults,” Bennett said. “I’m pleased to see so many of the parks in our community benefit from this grant.” 

The money comes from a grant that is part of the state’s Open Space Land Acquisition and Development (OSLAD) program, administered by the Illinois Department of Natural Resources. The program is providing more than $29.7 million in grants to support 85 local park projects across the state. 

Parks receiving the grant include: 

  • Champaign PD, Human Kinetics Park Development: $400,000
  • Danville, Historic Ellsworth Park Redevelopment: $373,900
  • Rantoul, Rudzinski Park Redevelopment: $360,000
  • Urbana PD, Crystal Lake Rehabilitation Project: $400,000

Hastings appreciates urgent action on behalf of Will County business owners

Details
Category: Senator Michael E. Hastings News
Thursday, September 17, 2020 03:46 PM
  • Hastings
  • Small Business
  • COVID-19
  • BIG Program

hastings 091720FRANKFORT – To bring relief to local businesses suffering from the economic devastation brought on by COVID-19, State Senator Michael E. Hastings (D-Frankfort) is encouraging small business owners across the South Suburbs to apply for the second round of Business Interruption Grants.

In a letter to Governor Pritzker several weeks ago, Hastings urged the administration to prioritize financial assistance to bars, banquet halls, restaurants and fitness centers throughout Will County due to the implementation of additional mitigation measures. As a result, businesses in Region 7 that submit an application will be given priority to ensure they receive the necessary support from the second round of BIG awards.

“The prioritization of Region 7 businesses doesn’t happen without the advocacy of business owners in Will County, and I want to thank them for voicing their concerns to me,” Hastings said. “At this point, every bit of help counts. This financial assistance will help businesses throughout Will County that have been negatively impacted by the recent COVID-19 mitigations. We are by no means out of the woods yet, so for us to continue working toward recovery, it’s vital that business owners struggling to get by submit their applications for the second round of grants.”

Applications for the second round of the Business Interruption Grants program will be made available Thursday, Sept. 17 and will offer $220 million in funds for small businesses hit hardest by the ongoing pandemic.

The second wave of funds from BIG aims to provide relief for all types of small businesses, with a focus on businesses located downstate or in disproportionately impacted areas. Application information for the second round of funds and can be found on DCEO’s website at Illinois.gov/dceo.

More Articles …

  1. Joyce, DeLuca to host Secretary of State mobile unit event in Chicago Heights
  2. Koehler reminds local business owners to apply for next round of Business Interruption Grants
  3. Black Caucus demands racial equity at all levels of education and workforce development
  4. Holmes: Small businesses may apply Thursday for second round of BIG Grants
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