What does the program support?
The Business Interruption Grant (BIG) program is a $636 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 as defined in the eligible cost list. More certifications & requirements can be found here.
Full eligibility criteria
The eligibility criteria for the second round of BIG is available here.
Zip Codes for eligible Disproportionately Impacted Areas (DIA's):
A portion of BIG funds will be dedicated to areas in the state that have historically experienced economic hardship and have been disproportionately affected by the health impacts of COVID-19. A map of those Disproportionately Impacted Areas (DIAs) is here. A list of the zip codes included in DIAs is here.
Business certification form and eligible cost list
The Business Interruption Grant Program (the “Program”) is supported by grant agreements between the Illinois Department of Commerce and Economic Opportunity and qualified Grantees which authorize the Department to grant funds to the Grantee (“Award” or “Awards”) in support of eligible activities under the Program. As a subrecipient, to participate in the program, you must remain in compliance with the terms and certifications set forth below.
Please review the terms here.
- When and Where to Apply
What the Program Offers
Through this program, a grant administrator (or administrators) will reimburse the costs to repair structural damages that have already been performed, including repairs to storefronts and entrances, improving electrical systems, and restoring exterior work. For work yet to be completed, the administrator(s) will partner with local contractors and pay for them to perform the work. Projects that were denied coverage by an insurance company are eligible but must include documentation proving denial or lack of coverage.
Who does the Program Benefit
The RDC program will prioritize small businesses, underinsured or uninsured businesses, businesses that have a high community impact – such as grocery stores – and businesses in communities that have experienced historic disinvestment. It also includes provisions to prioritize partnerships with BEP-certified contractors, including minority- and women-owned businesses, to do the repair work.
When to Apply
On June 23, 2020 DCEO made applications to become an administrator available for the Rebuild Distressed Communities (RDC) NOFO.
We expect businesses impacted by property damage to be able to apply for support through this program until August, 2020.
For additional questions on the program or how to apply, please contact the Office of Grants Management at CEO.OGMgrants@illinois.gov.