Illinois Back to Business New Business Grant Program (B2B NewBiz)

Apply for a grant of up to $30,000!

The application window for this Program is now closed.
We are no longer accepting applications.
Only applications submitted by January 11, 2024, at 11:59:59 p.m. CT
will be reviewed and considered for a grant award.

Important Information for 2023 Tax Returns

1099 Tax Forms Now Available for Download

If you received a grant for this program in 2023, you are required to report it on your upcoming 2023 tax returns. In order to do so, you will need to retrieve a copy of you 1099 tax form.

How can you retrieve your 1099 tax form?
Your 1099 tax form is available at CLICK HERE for a guide on how to retrieve your 1099 tax form with step-by-step instructions.

This guide also provides information on your username and password that is needed to sign in. Once signed in, you may elect to opt-in to download your 1099 tax form electronically or opt-out to receive it by mail.

For assistance with accessing your 2023 tax form please contact Lendistry’s dedicated Customer Experience Team at (888) 870-2203 (Monday – Friday, 8:00 a.m.-5:00 p.m. PST) or

Important Note: Lendistry and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Readers should consult their own tax, legal and accounting advisors before completing their tax filings.


Program Overview

Illinois B2B NewBiz will provide financial relief to businesses that started during the pandemic in the industries most impacted by the pandemic. Businesses that started during the pandemic have not been eligible for state grants and most federal emergency support provided for emergency relief to small businesses thus far.

Eligibility Requirements

To be eligible for a grant award under Illinois B2B NewBiz, for-profit businesses and nonprofit organizations must meet all the criteria listed below:

  1. Started operations between January 1, 2020, and December 31, 2021.
  2. Had gross receipts of at least $25,000 and up to $20,000,000 in 2021 (annualized if started during 2021).
  3. Currently active operations in Illinois.
  4. Have not received a Back to Business (B2B) grant prior to 2023.
    • Business Interruption Grant (BIG), Back to Business (B2B) Grant issued prior to 2023, Shuttered Venue Operators Grant (SVOG), or Restaurant Revitalization Fund Grant (RRF).
  5. Must meet one of the following two criteria:
    • The business or nonprofit is in a priority industry as defined for the previous Back to Business program
      1. A list of priority industries and their definitions can be found here.
    • The business is majority owned by an individual or individuals that became eligible for and received unemployment insurance benefits – including from Pandemic Unemployment Assistance (PUA) – between March 13, 2020, and the date the business began operations.

Ineligible Businesses

The following businesses are not eligible to apply for this Program:

  1. independent contractors or freelance workers that do not operate a sole proprietorship; 
  2. ​recipients of an Illinois Business Interruption Grant (BIG), Back to Business (B2B) Grant issued prior to 2023, Shuttered Venue Operators Grant (SVOG), or Restaurant Revitalization Fund Grant (RRF);
  3. child care providers that have received and/or are registered for Child Care Restoration Grants
  4. a private club or business that limits membership for reasons other than capacity; 
  5. a business primarily engaged in speculative activities that develop profits from fluctuations in price rather than through normal course of trade; 
  6. a business that earns more than a quarter of its annual net revenue from lending activities, unless the business is a non-bank or non-bank holding company certified as a Community Development Financial Institution (CDFI);
  7. a business that derives at least 33% of its gross annual revenue from legal gambling activities;
  8. a business engaged in pyramid sales, where a participant’s primary incentive is based on the sales made by an ever-increasing number of participants;
  9. a business engaged in activities that are prohibited by federal law or applicable law in the jurisdiction where the business is located or conducted. (Included in these activities is the production, servicing, or distribution of otherwise legal products that are to be used in connection with an illegal activity, such as selling drug paraphernalia or operating a motel that knowingly permits illegal prostitution);
  10. a business principally engaged in teaching, instructing, counseling, or indoctrinating religion or religious beliefs, whether in a religious or secular setting;
  11. a government-owned business entity (except for businesses owned or controlled by a Native American tribe);
  12. a business primarily engaged in political or lobbying activities;
  13. a business that manufactures or sells at wholesale, tobacco products, liquor or that manufactures or sells firearms at wholesale or retail;
  14. a night club or strip club;
  15. a pawn shop;
  16. a liquor store;
  17. an establishment similar to any enumerated above; or
  18. a business in which a majority owner has a financial or familial connection to a director, principal shareholder or leadership member of the Department of Commerce and Economic Opportunity or Department of Commerce and Economic Opportunity’s partner under the program. 
  19. a business primarily engaged in administration of COVID-19 tests or COVID-19 vaccine distribution

Grant Awards

Illinois B2B NewBiz will provide sub-awards ranging from $5,000 to $30,000  determined based on whether the business is home-based or brick-and-mortar, and the amount of time the business was in operation during the pandemic, as shown in the following table:

Business Start Date Brick-and-Mortar Home-Based
January 1, 2020 to June 30, 2020 $30,000 $10,000
July 1, 2020 to December 31, 2020 $20,000 $5,000
January 1, 2021 to December 31, 2021 $10,000 N/A

The business start date is based on the date the business was incorporated or date on business license. Sole proprietors that started in 2020 whose professional licenses do not reflect a start date will be eligible for $5,000.

Required Documents

The following documents are required to apply for this Program:

Applicant Certification

2021 completed, unaltered, and filed Federal Tax Return

Acceptable Government-issued Photo ID uploaded via Persona, which will be embedded in the application

Proof of Business Organization

Acceptable forms of proof of business organization include Assumed Name, Business License, Articles of Incorporation

Proof of Tax Exemption (required for nonprofit organizations only)

Professional Licensing (if applicable)

Proof of Location

(For brick-and-mortar businesses only)

  • Acceptable forms of proof of location include utility bills, mortgage, lease, and proof of insurance
  • P.O. Boxes and Virtual Addresses will not be accepted

Need help? Contact us.

Customer Experience Center

(888) 209-3665

Monday – Friday
8:00A.M. – 9:00P.M. CT
Closed on all Federal holidays.