Coronavirus (COVID-19) Relief Center
Coronavirus (COVID-19) Relief Center
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Other States
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Illinois
These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on August 24, 2020.
For more up-to-date information on the relief programs available in Illinois, we recommend that you visit the state's Coronavirus (COVID-19) Response portal.
Description of Program and Relief
Downstate Small Business Stabilization Program
In light of COVID-19, the Downstate Small Business Stabilization Program will offer small businesses of up to 50 employees located in downstate and rural counties the opportunity to partner with their local governments to obtain grants of up to $25,000 in working capital.
Government or Lead Agency
Illinois Department of Commerce & Economic Opportunity
Dates Available
Applications are now available
Eligibility Requirements/Restrictions
Information about eligibility requirements may be found here:
Certain local governments can apply on behalf of businesses with 50 employees or fewer. Municipalities that are HUD direct Entitlement communities are not eligible.
Application Deadlines (If Applicable)
Grants offered on rolling basis
Contact for More Information
List of Additional Information
Please visit:
© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.