NEW Coronavirus (COVID-19) Business Assistance Programs now Available
During this challenging time, we want to make sure you have the most up-to-date information regarding all of resources available to you in your business operations. Due to the recently passed federal stimulus package, your business may be eligible for aid from the federal government. The Sugar Grove Economic Development Corporation is working with its business assistance allies, including the Small Business Administration (SBA) and its local Small Business Development Center (SBDC) at Waubonsee Community College, and the Illinois Department of Commerce and Economic Opportunity (DCEO), to distribute information on new programs designed for small business assistance in response to the Coronavirus (COVID-19) Pandemic. Learn more about current available options below:
The Business Interruption Grant (BIG) program is a 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.
Below is the link to the main BIG page and the other link is the eligibility criteria.
Other of our business assistance allies have told us that it is essential for businesses, despite this health related downturn, to find a way to continue to keep their business names and specialty products and services circulating in the marketplace.
The Sugar Grove Chamber of Commerce has started new marketing video efforts featuring their member businesses, with this in mind: www.sugargrovechamber.org .
The Small Business Development Center (SBDC) at Waubonsee Community College has indicated that they have some marketing resource programs that can help pay for such marketing efforts: contact Harriet Parker, hparker@waubonsee.edu .