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.Program Updates.
New to BIG – Applications for a second round of funding are set to go live September 17. A total of $220 million will be made available for small businesses of all types in Illinois.
More details on the latest round of funding and how to apply can be found by clicking here.