NEW GRANT PROGRAM FOR ILLINOIS
HOSPITALITY BUSINESSES
Bars, Restaurants & Hotels Can Apply Now for
Illinois Hospitality Emergency Grant Program
March 25, 2020
Today, Governor Pritzker announced a new $14 Million grant program aims to help small hospitality businesses make ends meet, providing up to $25,000 to eligible bars and restaurants and up to $50,000 for eligible hotels.
These grants are available to support working capital – like payroll and rent – job training and technology to support shifts in operations, like increased pick-up and delivery.
Bars and restaurants that generated between $500,000 and $1 Million in revenue in 2019 are eligible for up to $25,000, and bars and restaurants that generated less than $500,000 in revenue in 2019 are eligible for up to $10,000.
Hotels that generated less than $8 Million in revenue in 2019 are eligible for up to $50,000.
The program is funded by the Illinois Office of Tourism.
Applications are available today and are due by April 1 at 5:00 PM.
All valid, eligible applications received within the five-day window will be entered into a lottery, and grant winners will be notified on April 4.
Additional info is available HERE.
The Parks Chamber is regularly updating a list of programs and third-party resources to help Illinois small businesses in response to the COVID-19 pandemic.
Our website includes links to financial assistance programs, federal and state resources, workplace tips, guidance for employers, recent news articles, and more.
CLICK HERE for more information.
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The Parks Chamber of Commerce | 100 Heart Blvd. | Loves Park, IL 61111
