CHICAGO (CBS) — There’s new life for Illinois small businesses struggling in the pandemic.
On Thursday, Governor JB Pritzker announced the first round of the Back to Business recovery grants. He explained there’s $250 million dollars available statewide.
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“The first wave of B to B funds will help over 500 of our state’s entrepreneurs rehire staff and cover operating costs without owing a single cent back,” Pritzker said. “The vast majority of awardees, 80% of them, applied for and didn’t receive business interruption grants last year. With new resources available this year, we’re able to provide even wider support.”
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Grants range from $5,000 to $150,000 for most businesses. The money can be used to cover a wide…