Date/Time
10/27/2020
2:00 PM - 3:00 PM Central
2:00 PM - 3:00 PM Central
Event Registration
Event Type(s)
Member Event
Training
Online Event
Training
Online Event
Event Description
Join Ibie Hart, the women's business development manager, to learn about the Business Interruption Grant Program (BIG). In this webinar, women owned businesses will learn about eligibility, program details, and the application process. Technical assistance support will also be provided for the last 30 minutes of every session. Contact Person
Details
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 found below.
Round Two:
A $220 million second round of BIG aims to provide relief for all types of small businesses, but with a particular focus on businesses downstate, in disproportionately impacted areas (DIAs), and for heavily impacted industry and regions – representing businesses that have been unable to reopen or operating at a severely diminished capacity since the spring.
Round Two:
A $220 million second round of BIG aims to provide relief for all types of small businesses, but with a particular focus on businesses downstate, in disproportionately impacted areas (DIAs), and for heavily impacted industry and regions – representing businesses that have been unable to reopen or operating at a severely diminished capacity since the spring.
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