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Back to Business (B2B) Grant Program is sponsored by Illinois Department of Commerce and Economic Opportunity (DCEO). The B2B grant program aims to deploy small business recovery grants for those hit hardest by the COVID-19 pandemic in Illinois. Grants can be used to cover a wide range of operations, staff, and overhead costs.
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Illinois DCEO Announces $25 Million B2B NewBiz Grant Program Illinois DCEO Announces $25 Million B2B NewBiz Grant Program The Illinois Department of Commerce and Economic Opportunity (DCEO) has allocated $25 million in grant funding through the Back to Business (B2B) NewBiz program to support businesses established in 2020 and 2021. Grant Amounts : Eligible businesses from 2020 or 2021 can secure grants of up to $30,000.
Application Period : Open from November 30, 2023, to January 11, 2024. Awards Announcement : Expected in the weeks following the January 11, 2024, deadline. Established between January 2020 and December 2021.
Operates in an industry significantly affected by the pandemic or initiated by individuals who became unemployed during the pandemic. Detailed information and the application process can be accessed at b2bnewbiz. com .
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According to the current listing, eligibility includes: Small businesses in Illinois with revenues of $20 million or less in 2019 and a reduction in revenue in 2020 due to COVID-19. Confirm the full requirements in the official notice before applying.
The current listing shows $5,000 to $150,000 (up to $250,000 for hotels). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Back to Business (B2B) Grant Program is funded by Illinois Department of Commerce and Economic Opportunity (DCEO). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Illinois. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Illinois DCEO's FY27 Tourism Attraction Grant ($1.8 million, $15,000 to $200,000) and Tourism Private Sector Grant ($600,000, $10,000 to $50,000) close November 13, 2026 at 5 p.m. Each expects about 20 awards. Applicants must already be GATA pre-qualified, nonprofits and governments must match 50% of project cost, for-profits 75%, and indirect costs are not allowed.
Read articleIllinois's Federal Grant Support Program (Round 2) puts $16.9 million into a single, unglamorous job: paying the non-federal match that keeps competitive applicants out of federal competitions they would otherwise win. Awards run $10,000 to $2 million across roughly 30 recipients, on a rolling basis with no fixed deadline. As federal rules tighten and match requirements harden into eligibility gates, a 'grant to get a grant' is becoming one of the highest-leverage dollars a state can spend. Here is how the program works, who should pursue it, and why match funding is the quiet chokepoint in the 2026 federal landscape.
Read articleOn July 20, 2026, the EDA announced it intends to invest $169 million across six Regional Technology and Innovation Hubs — quantum, nuclear, critical minerals, biosecure manufacturing, pharmaceuticals, and forest bioproducts — after the Trump administration rescinded the Biden-era Phase 2 awards and reran the competition. Only two of the original winners survived. Here is the full breakdown of the six hubs, why four prior awardees were dropped, and what the re-award teaches regional coalitions about competing for the next round.
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