Small business ‘RISE’ grant program launching in Peoria

Published: May. 2, 2022 at 4:43 PM CDT
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PEORIA (WEEK) - A new program launched Monday designed to help Peoria-based businesses.

The program is called RISE - Recovery, Income, Startup, Expansion - and it’s intended to provide financial assistance to businesses that were distressed by the impacts of COVID-19.

Businesses can apply for up to $50,000 in four categories - Recovery, income, startup and expansion.

Businesses seeking to activate a commercial space or expand staff are examples of eligible uses of the funding, according to the city.

Businesses may apply for RISE from Monday, May 2, 2022, through 5:00 pm, Friday, June 10, 2022. Application and eligibility information may be found on the Economic Development Department’s website.

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