Section 691.10 Purpose

IllinoisRegulations

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Illinois Administrative Code › Title 14 COMMERCE SUBTITLE C: ECONOMIC DEVELOPMENT › CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY › Part 691 BACK TO BUSINESS GRANT PROGRAM › Section 691.10 Purpose

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Section 691.10  Purpose

The purpose of the Back to Business Grant Program ("Program")

is to provide financial support to for-profit businesses or not-for-profit

organizations that have experienced economic harm, financial hardship,

or

other adverse conditions due to the COVID-19 public health emergency

[20

ILCS 605/605-1050]. In this Part, financial assistance provided through the

Program shall be consistent with the requirements of the Coronavirus State

Fiscal Recovery Fund ("CSFRF") implemented by Section 602 of Title VI

of the federal Social Security Act (42 U.S.C. 802 et seq.) and any rules or

guidance issued by the U.S. Department of the Treasury (including, but not

limited to https://www.govinfo.gov/content/pkg/FR-2021-05-17/pdf/2021-10283.pdf

and https://home.treasury.gov/system/files/136/SLFRPFAQ.pdf), the Department of

Commerce & Economic Opportunity ("DCEO"), and any other

applicable State and federal agency. Financial assistance shall be prioritized

for communities most in need of assistance, as determined by numbers or rates

of infection and economic measures identified in this Part. Assistance may be

used to adopt safer operating procedures, weather periods of closure, or

mitigate financial hardship resulting from the COVID-19 public health

emergency. DCEO will identify how the Program addresses the identified need or

impact faced by small businesses. The Program may utilize a series of funding

opportunities.

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