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The State of Illinois Department of Commerce and Economic Opportunity (DCEO) seeks a grantee(s) to implement and administer the Business Interruption Grants (BIG) program. The A successful grantee will be required to provide businesses access to grants through funding rounds designed by the Department under the BIG program. Note that this will entail receiving what could be tens of thousands of applications including applications in other languages, reviewing them, and processing and providing up to 10,000 or more grants to small businesses in compliance with state and federal funding requirements. Other funded aspects of the larger overall program, to be handled separately, will involve the provision of Technical Assistance and Outreach activities in multiple years as well as the disbursement of funds to licensed Child Care providers in the first year.

Title The Coronavirus Aid, Relief, and Economic Security Act, Section 5001, Public Law 116-136.

Public Act 101-0636 and Public Act 101-0637

Title 14 Ill. Admin. Code Part 690

Provide financial assistance to businesses that have experienced significant disruption or temporary closure of their business attributable to the COVID-19 public health emergency.

Yes

Information about the Program Specific Terms and requirements can be found within the Notice of Funding Opportunity.

For-Profit Organizations; Nonprofit Organizations;

Eligible applicants will be able to demonstrate the capacity to administer the BIG program.

N/A

Direct Payments for Specific Use

Economic Development

N/A

Applications are due by deadline identified in the Notice of Funding Opportunity Supplement. All applications received by the deadline will be scored on merit and finalists will be notified via a Notice of State Award.

Applications are due by deadline identified in the Notice of Funding Opportunity Supplement. All applications received by the deadline will be scored on merit and finalists will be notified via a Notice of State Award.

multiple, for various aspects of the overall program

multiple, for various aspects of the overall program

multiple, for various aspects of the overall program

multiple, for various aspects of the overall program

N/A

No

N/A

Costs associated with project administration, outreach to minorities and non- or limited English-speaking business owners, to provide financial assistance to businesses that have experienced significant disruption or temporary closure of their business attributable to the COVID-19 public health emergency.

PFR & PPR on either Qtly or Monthly basis depending on Risk Assessment Specific Conditions &/or project details

N/A

5-yr records retention policy as referenced in the executed Grant Agreements (per CARES Act).

324-42045-4900-0000; 324-42045-4900-0100; 324-42045-4900-0200; 324-42045-4900-0300; 324-42045-4900-0400

PY 636,000,000

N/A

Reimburse COVID expenditures

N/A

Statewide

500 East Monroe, Springfield IL 62701

US Treasury Coronavirus Relief Fund Information: https://home.treasury.gov/policy-issues/cares/state-and-local-governments https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/C19DisadvantagedBusGrants.aspx

420-27-2679

Reimburse COVID expenditures

10/19/2021

FY 2020 : $1
FY 2021 : $636,000,000
FY 2022 : $300,000,000