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Chicago City Wire

Wednesday, May 8, 2024

ILLINOIS STATE SENATE DISTRICT 5: Van Pelt announces West Side businesses will receive more than $1 million in BIG funding

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Illinois State Senate District 5 issued the following announcement on Nov. 2.

To help businesses across the state overcome financial burdens brought on by the pandemic, State Senator Patricia Van Pelt (D-Chicago) is pleased to see dozens of businesses in the 5th District will receive over a million dollars in Business Interruption Grants (BIG).

“Businesses are still struggling as we continue to endure this pandemic,” Van Pelt said. “I hope these grants help give businesses on the West Side a boost, and for those who haven’t applied yet, it’s not too late.”

Last week, the Illinois Department of Commerce and Economic Opportunity (DCEO) awarded grants through the second round of the BIG program, which included specific funding for heavily impacted industries and businesses in disproportionately impacted areas. Each business received between $5,000 and $150,000 in financial assistance.

The BIG program is the largest state-run economic support program formed in response to the financial losses caused by the COVID-19 pandemic.

Original source can be found here.

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