Two Rivers Regional Council of Public Officials to be host of webinar for businesses hit by pandemic
QUINCY — Back 2 Business Small Business Recovery Grants are available in Illinois, and Two Rivers Regional Council of Public Officials wants to help local businesses get the assistance they need.
The B2B Grant Program is a component of the $1.5 billion economic package designed to maximize the impact of American Rescue Plan Act funds provided to Illinois.
To support businesses in recovery, $250 million has been reserved for those experiencing losses due to the COVID-19 pandemic. Grants of $5,000 to $150,000 are available to cover operations, staff and overhead costs. Businesses must have had revenues of $20 million or less in 2019 and a reduction in revenue in 2020 due to the COVID-19 pandemic.
Hotels, salons, fitness centers, restaurants and other industries hardest hit by the pandemic are given priority in the application process.
Any businesses yet to qualify for state or federal assistance, including Paycheck Protection Program, Restaurant Revitalization Fund, Business Interruption Grant and other federal programs, also will be given priority for the Back 2 Business Grant.
Two Rivers Regional Council of Public Officials, in conjunction with the Quincy Business and Technology Center, will be the host of a free B2B webinar to answer questions and assist businesses in the application process. Businesses must register for the free hour-long webinar at 11:45 a.m. Sept. 16.
TRRC Community and Economic Development Director Chad Frederick will be the host of the free webinar.
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