Small Business R.I.S.E. Grant

Small Business R.I.S.E. Grant 2022-05-25T16:26:12+00:00

Apply to the R.I.S.E. Grant

For assistance in applying, call 309.494.8942 or Email.

The Recovery, Income, Startup, and Expansion (RISE) Program is intended to assist Peoria businesses the most impacted by the COVID-19 pandemic. The Program consists of four categories and businesses can receive funding of up to $50,000 within each category.

  • Recovery/Income Support – Intended to recover lost revenues for businesses in operation that closed and planned to reopen or have continued to operate throughout the pandemic.
  • Startup Support – Assistance for new businesses established in the last 12 months or within three months of applying.
  • Expansion Support – For businesses looking to expand operations through real estate improvements, equipment, and the expense of hiring employees.

Grant eligibility is determined by:

  • Businesses impacted/disproportionately industry.
  • Disproportionately impacted industries based on the location within of City of Peoria boundaries.

For an example of a Business Plan, please review the SBA Guide for recommended contents of a Business Plan

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