YOU'RE INVITED TO

PARTICIPATE IN A WEBINAR:

Business Interruption Grant (BIG)

Overview & Technical Assistance

Hosted by the Illinois Department of Commerce

& Economic Opportunity (DCEO)

Click The Button Below

To Register & Join The Webinar,

Which Will Be Held On

November 12 at 2:30 PM

JOIN THE WEBINAR

ABOUT THE BIG PROGRAM

This program is multi-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. Funding may be used to help businesses with working capital expenses, including payroll costs; rent; utilities; and other operational costs.

A total of $220 Million will be made available for small businesses of all types in Illinois. Grants will be awarded and funded on a rolling basis until funding is depleted. The grant size will be equivalent to two months of expenses.

The BIG program is open to all eligible businesses (for profit and nonprofit) with $20 Million or less in annual revenue in 2019 and experienced losses due to COVID-19. Of the total funding, $70 Million will be invested in Disproportionately Impacted Areas (DIAs) and $60 Million in heavily impacted industries.

The heavily impacted industries are defined as having annual revenues of $10 million or less and have been close or operating at a very diminished capacity since mid-March and are likely to continue to do so until Phase 5 of the Restore Illinois Plan.

These industries include the following:
♦ Event spaces

♦ Music venues
♦ Performing arts venues
♦ Indoor recreation
♦ Amusement parks
♦ Movie theaters
♦ Museums
♦ Charter/shuttle buses

Priority Industries include:
♦ Independently-owned retail
♦ Restaurant
♦ Bar or Tavern
♦ Gym or Fitness Center
♦ Promotion of tourism or lodging and accommodations
♦ Support service of arts or events

The application, additional details, a map of the DIAs, and the eligibility guidelines can be found online at https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/C19DisadvantagedBusGrants.aspx

For more information about the Webinar and/or the BIG program, please contact Agnes Masnik at Agnes.Masnik@illinois.gov.

Click The Button Below

To Register & Join The Webinar,

Which Will Be Held On

November 12 at 2:30 PM

JOIN THE WEBINAR