Village of Diamond

Business Interruption Grant (BIG) Program

As part of the FY20 and FY21 DCEO budget, the Illinois Department of Commerce & Economic Opportunity has appropriated funds from the Coronavirus Urgent Remediation Emergency (CURE) Fund to support expenses associated with economic support in connection with the COVID-19 public health emergency.  The Business Interruption Grant (BIG) Program will reimburse costs incurred by businesses due to business interruption cause by required closures.  All spending related to this program must be reimbursable nu the Federal Coronovirus Relief Fund, as prescribed by 601 (a) of the Social Security Act and added by section 5001 of the Coronovirus Aid, Relief, and Economic Security (CARES) Act including all subsequent federal guidance.

The programs and requirements can be found here.