- Published: Wednesday, May 11, 2022 10:11 AM
ROCKFORD – To help small businesses recover from the pandemic, State Senator Steve Stadelman (D-Rockford) assisted with bringing over $4 million in funding to local businesses.
“Local businesses have bared the brunt of the pandemic, and we are ensuring they have the funds needed to stay operational,” Stadelman said. “Support our local businesses whenever possible — we have all been struggling through the past year, and it’s time to do our part to help them out.”
A total of $4.53 million was awarded to 91 businesses in the 34th district. The Illinois Department of Commerce and Economic Opportunity awards business grants through the B2B program, using funds allocated to them by the American Rescue Plan through last year’s state budget.
DCEO has provided $250 million in B2B grants – thanks to strong support from Stadelman – to small businesses throughout the state, with an emphasis on hard hit sectors, such as hotels, restaurants, bars, barbershops and salons, and disproportionately impacted areas.