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Published: Monday, January 24, 2022 03:18 PM
ROCKFORD – Several local businesses in and around Rockford were recently awarded $1.5 million in funding from the Back to Business Program to help them recover from the pandemic thanks to the support of State Senator Steve Stadelman (D-Rockford).
“The pandemic has caused businesses around the state to struggle over the last two years, especially our local and small businesses,” Stadelman said. “These grants give meaningful assistance to Rockford businesses that have worked tirelessly to remain on their feet as we continue our recovery from the pandemic.”
The B2B program grants are awarded by the Illinois Department of Commerce and Economic Opportunity using funds allocated to them by the American Rescue Plan through last year’s state budget. So far – thanks to strong support from Stadelman – DCEO has provided $111 million in B2B grants to nearly 3,000 small businesses throughout the state with an emphasis on disproportionately impacted areas.
In the district Sen. Stadelman represents, 36 businesses were awarded grants ranging from $5,000 to $150,000 to help them cover the costs of safely remaining open during these unpredictable times. Businesses range from restaurants to museums, hotels and more.
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Category: Press Releases