Pritzker Administration Awards $14 Million in Emergency Grants to More than 700 Small Bars, Restaurants, and Hotels

Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO), in partnership with Accion Serving Illinois and Indiana, awarded $14 million in small grants to over 700 small bars, restaurants, and hotels. 12,000 businesses applied for funding and grantees were selected via a random lottery conducted by Accion. Bars and restaurants received an average grant of $14,000 while hotels received an average grant of $30,000. The grants can be used to support working capital – like payroll and rent – job training, and technology to support shifts in operations including increased use of carry out and delivery. Awards for the Hospitality Emergency Grant Program were drawn from existing DCEO funds budgeted for tourism promotion, job training, and general operations. More than 450 small bars and restaurants received an average grant of roughly $14,000 while more than 250 small hotels received an average grant of $30,000. Applications were accepted by Accion from March 25 through April 1st and the lottery to select grantees was held from April 4th to April 7th. The awarded businesses are located across the state of Illinois. Approximately one-third of the businesses receiving grants are located outside of Cook and the collar counties. DCEO continues to identify new resources and services for businesses impacted by the ongoing COVID-19 pandemic, including resources under the federal CARES Act including the Economic Injury Disaster Loan (EIDL), EIDL Emergency Advance, and the Paycheck Protection Program. A list of resources available to small businesses is published and updated on DCEO’s website.

 

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