Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts
Illinois has failed many Black and African American owned small businesses because they have been unable to procure their fair share of state contracts or receive a fair share of the revenue associated with state contracts. Indeed, the failure of Black and African American owned businesses to receive state contracts is stunning. State Representative Will Davis has filed HB 2629 to rectify this situation. There has never been a more important time to support Black and African American owned small businesses.
HB 2629 establishes as a goal that 40% of state contracts be awarded to minority owned businesses and that 20% of all state contracts be awarded to Black and African American owned businesses. The legislation provides that companies will need to return the funds they receive which are allocated but not used to meet these goals.
Please support Black and African American owned small businesses by taking action so they can receive their fair share of state contracts. You can contact your state representative and ask them to sponsor this legislation by filling out the short form below.
It only takes a moment. Thank You!
Majority of City Council Members Endorse the Chicago Small Business Package
Download Press Release SBAC INSIGHTS PAGE NOVEMBER 20, 2024 FOR IMMEDIATE RELEASE Media Contact: Patti Zikmund // 773-459-3301 // patti@sbacil.org Elliot Richardson // 312-548-8608 // elliot@sbacil.org Majority of City Council Members Endorse the Chicago Small Business Package The Small Business Advocacy Council (SBAC), in collaboration with a robust and diverse coalition of 37 organizations, has secured 30 aldermanic endorsements for…
5/3 Bank – Insights
5/3 Bank – Insights We all need more “Insight” into what makes a business successful and how to get there. We are proud to highlight our partner, 5/3 Bank, and their professional insight into achieving financial success. Follow this link to view all of 5/3 Bank’s Insights or view snippets of the three most relevant…
PNC Bank – Insights
Insights from PNC Bank We all need more “Insight” into what makes a business successful and how to get there. We are proud to highlight our partner, PNC Bank, and their professional insight into achieving financial success. Follow this link to view all of PNC Bank’s Insights or view snippets of the three most relevant…