Archive for November 2020
Restart Act
Restart Act THE RESTART ACT The RESTART Act provides a new loan program to fund six (6) months of payroll and fixed operating expenses. Some, or the entirety of the loan, is eligible for forgiveness. The amount that is not forgiven is to be repaid over seven years with favorable interest rates. The loan is…
Read MoreR.I.S.E. Act – A Word from RISE Fest Performers
R.I.S.E. Act – A Word from RISE Fest Performers COVID19 has had a devastating impact on many gig workers and independent contractors. During our SBAC Rise Fest, we had a chance to speak candidly with our local performers on how they’ve been affected by the pandemic. They explain the loss in their community, in their…
Read MoreRecommendation for Legislation on Minority Contracting
Recommendation for Legislation on Minority Contracting Illinois has failed to ensure that Black owned businesses procure their fair share of government contracts and revenue from government projects. Loopholes must be closed and reforms be made now! Read the SBAC’s recommendations for legislation to reform the process. Read the Recommendations here Insights Archive Insights Archive Select…
Read MoreSBAC and Fifth Third Bank Present: Post Election Commentary by Jeff Korzenik
SBAC and Fifth Third Bank Present: Post Election Commentary by Jeff Korzenik A Post Election Commentary Presented by: Jeff Korzenik Managing Director, Chief Investment Strategist, Fifth Third Investment Management Group Discussion Points: Post-Election Policy and Market Implications Current State of the U.S. Economy: Differences and Similarities with Past Downturns The Impact of Monetary and Fiscal Intervention…
Read MoreGraduated Income Tax Town Hall Recording 9/24/2020
Graduated Income Tax Town Hall Recording 9/24/2020 The resounding success of our last Graduated Income Tax Town Hall has prompted the IACCE and SBAC to partner on a follow-up forum. Ralph Martire and Leslie Munger returned to answer your questions about the proposed graduated income tax. Ralph Martire is the Executive Director for the Center for…
Read MoreR.I.S.E. Act
R.I.S.E. Act READ HB-0801 HERE READ SB-2490 HERE TAKE ACTION Recovery Initiative to Support Employment Small businesses in many industries are struggling and as a result, have no choice but to layoff valued employees. Entrepreneurs and independent contractors in the fields most impacted by the pandemic are also losing their businesses. The COVID-19 pandemic has…
Read MoreSBAC Women in Business Present Part 2 – Racial Injustice
SBAC Women in Business Present Part 2 – Racial Injustice Post content here. Talking Candidly About Anti-Racism What is My Role, My Business’ Role and the Greater Community’s Role? On July 21st, the SBAC WIB held a very well-received virtual event on better understanding racial injustice. We heard from four engaging and prominent…
Read MoreMichael Bempah speaks about Minority Contracting on WVON
Michael Bempah speaks about Minority Contracting on WVON Michael Bempah, SBAC Board Member and owner of Pinpoint Precision Engineering, speaks with Perri Small on WVON about minority contracting. The SBAC is pushing forward reforms to help minority contractors receive their fair share of government contracts. These reforms are needed now! To listen to the interview,…
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