Funding Available in B2B Grants for Local Chambers

Lawndale News Chicago's Bilingual Newspaper - Education

The Illinois Department of Commerce and Economic Opportunity (DCEO) announced $5 million in available grant funding through the Back to Business (B2B) Local Chambers program. Following state recovery programming for businesses totaling $1.5 billion, the latest American Rescue Plan Act (ARPA)-funded opportunity is designed to provide additional support for local chambers of commerce that experienced negative economic impacts from the COVID-19 pandemic. Applicants are encouraged to visit the DCEO website to learn more and apply. Eligible chambers of commerce include organizations of businesses and professionals dedicated to improving the economic climate and business development of the community in which they are located that experienced a negative economic impact from the COVID-19 pandemic. Eligible chambers will have an annual revenue of $1 million or less. Qualified entities can apply for grants up to $50,000, to be determined by 1/6 of the annual revenue lost between 2019 and 2020. Applications will be accepted until 5:00 p.m. February 15, 2024. To help applicants prepare to apply for funding, DCEO is offering live Help Desk support to walk through each step of the application at chambers@a4cb.org and 312-275-3000. Interested parties are encouraged to reach out to CEO.GrantHelp@illinois.gov for application assistance.

Comments are closed.